New Bad Faith Bill Filed in Florida Legislature

October 31, 2011

For the second straight term, a bill has been filed in the Florida Legislature designed to make changes to the well-settled legal principles that have successfully governed our state for many years and have held insurance carriers accountable when they act improperly. Instead of holding insurers accountable when their wrongful actions cause harm to others, some in the [...]

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First Quarter Sales of Aviva Falls

October 25, 2011

First-quarter sales of the U. K. insurer, Aviva fell 14% this year as compared its sale during the same quarter last year. The insurer has said that the decline in profit was due to its plan to move away from selling lower-margin products in areas such as Europe and the U. S. Aviva has also [...]

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Pay As You Go Insurance

September 24, 2011
Tags: Insurance

Pay as you go insurance or Insurance by the mile is based on usage, that is to say, it only accounts for the miles you drive. In this situation, the costs of motor insurance are dependent upon type of vehicle used, measured against Time, Distance and Place. This differs from traditional insurance, which attempts to [...]

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Anti-Assignment Clauses in Texas

September 24, 2011

In 1999, Brae Burn Construction Company (“Brae Burn”) was hired to build a nursing home for Concierge Care Nursing Centers (“Concierge”). Brae Burn subcontracted with four vendors, each individually and independently insured by their respective insurance carriers. In August 2000, Brae Burn issued a Certificate of Substantial Completion, indicating that the building was complete. After [...]

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European Health Insurance Card to Help Minimize Medical Bills

August 28, 2011

European Health Insurance Card (EHIC) can play a role to reduce huge medical bills inspite of its various benefits; a majority of people, 58%, are unaware of its importance whereas less than half of people, 42%, people possessed knowledge about the card. Most of the Britons consider the card, which needs to be renewed in [...]

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