Homeowner Claims News

IIA San Antonio to Hold Professional Liability Seminar

The Independent Insurance Agents of San Antonio announced a continuing education seminar on professional liability to be held on April 15, 2004. Presenters for the seminar will be Joseph H. Schneider and Beth Snyder Simpson from United States Liability Insurance …

Update on Alleged Life Agents E&O Fraud

Insurance Journal has discovered that there is an ongoing investigation into Torrance, Calif.-based Manning Riddell Insurance Services Inc. (License #0827722) in connection with the issuance of more than 1,000 phony Errors & Omissions policies for life insurance agents in some …

Schinnerer Unveils New Professional Liability Program for Graphic Designers

Victor O. Schinnerer is introducing a new professional liability program for graphic designers. The policy offers broad coverage for errors and omissions made in the course of performing professional services. Coverage protects designers against lawsuits for breach of duty, negligence, …

CalSurance Professional Liability Program for Real Estate Brokers Now Available Wholesale

CalSurance (www.calsurance.com), a national insurance sales, service and support organization, announced that the exclusive partnership it established last year with Arch Insurance Group to offer professional liability insurance for real estate brokers will now be open on a wholesale basis …

CGI, HP Deliver Business Platform for Lloyd’s Kinnect

CGI Group (Europe) Ltd and HP (Hewlett Packard/Compaq) jointly announced that they have delivered a business platform for Kinnect Inc., a Lloyd’s of London sponsored initiative, to improve the efficiency and effectiveness of trading relationships within the international commercial lines …

Central Miss. Storms More Expensive Than Expected

Mississippi Insurance Commissioner George Dale announced that the recent storms that hit central Mississippi are turning out to be much more expensive than previously thought. Dale said preliminary numbers on the cost of the storm, which brought a combination of …

S&P’s Takes Chubb Ratings Off Watch, Lowers Them

Standard & Poor’s has removed from CreditWatch its long-term counterparty credit and senior debt ratings on Chubb Corp. and lowered them to ‘A’ from ‘A+’ because it does not believe that Chubb’s operating performance and capital strength support the former …

Acordia Launches New National Risk Finance Group

Chicago-based Acordia Inc. has established a Risk Finance Group that will serve as a national resource for both clients and producers. The new group will offer client consultations and other insurance services to protect clients from the financial risks associated …

IINC Says Both Ratings and Lawsuits Soar for TV’s Reality Programs

Shifting its focus from extreme stunts to surreal encounters, reality television has scored high ratings by pushing the envelope to catch contestants in compromising situations. But as the ratings surge, so reportedly do the lawsuits. As reality shows have become …