To obtain insurance benefits for defective workmanship a homeowner may have to sue the builder as opposed to claiming under their policy of insurance. Written on October 31, 2009, by admin.
Two separate actions were heard together in this case. The Builder ("Aspen") sued for the balance due on a construction contract and the homeowner counterclaimed for defective workmanship and materials. Kingsway General Insurance Company, the homeowner warranty provider ("the Insurer"), sought indemnification from the builder for any sums it was ordered to pay the homeowner under the [...]
Donegal Mutual, Southern Mutual Finalize Pooling, Marketing Affiliation Written on October 31, 2009, by admin.
Pennsylvania-based Donegal Mutual Insurance Co. and Georgia-based Southern Mutual Insurance Co. have finalize an affiliation they announced in early September.
The deal brings Southern Mutual …
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Aon’s Q3 Net up Slightly at $120 Million; Other Results Mixed Written on October 31, 2009, by admin.
Aon Corp. reported results for the third quarter ended September 30, 2009, which show net income attributable to Aon stockholders was up slightly at $120 million or $0.41 per share, compared to …
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Gaming the Recession Written on October 31, 2009, by admin.
First the good news. In case you hadn’t noticed, the recession is officially over.
Quote:
“Better than expected GDP is confirming that the Great Recession has ended,” said Kevin Flanagan, fixed-income strategist for Global Wealth Management at Morgan Stanley in Purchase, New York.
That’s fantastic. But the 3rd quarter numbers remind me of the scene in Pulp Fiction [...]
Saving you money for life tip: Stretch your family’s food budget Written on October 31, 2009, by admin.
Dining out often at restaurants, preparing too much and wasting leftovers are just some of our flaws when it comes to feeding our families. But thanks to CookingLight, I’ve discovered five great ways…
AccuQuote blog is brought to you by AccuQuote.com, a leading provider in term life insurance for people across the U.S. This blog is [...]
California to Update Workers Compensation Regulations Written on October 31, 2009, by admin.
California's Department of Industrial Relations has proposed an update to regulations for the Workers' Compensation Information System. The update is part of the Division of Workers' …
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Florida Approves 5.4% Citizens Homeowners Rate Hike Written on October 31, 2009, by admin.
Florida's state-backed and largest property insurer will be allowed to raise its rates for homeowners an average 5.4 percent in 2010.
The increase is the first one allowed since lawmakers froze …
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National Flood Insurance Program Extended Until Dec. 18 Written on October 31, 2009, by admin.
Congress has again temporarily extended the federal flood insurance program, this time until Dec. 18, 2009.
The latest extension was approved by the House and Senate as part of an …
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New Business Owners Product in California Written on October 31, 2009, by admin.
Trinity E&S Services, Inc., with offices in Bermuda Dunes and Petaluma, Calif., is announcing the introduction of an E&S Business Owners Policy for retail agents in California that do not …
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CNA Appoints Rutkowski Senior Vice President, Commercial Written on October 30, 2009, by admin.
CNA Financial Corp. has named David Rutkowski as senior vice president of Commercial Segments. Rutkowski will be responsible for CNA's Middle Market customer segments including Construction, …
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