Content about Types of insurance

June 1, 2012

Employers should not assume that their employment practices liability (EPL) insurance excludes any cost related to a wage and hour claim, according to Barry Buchman, an attorney with Gilbert LLP in Washington, D.C.

It is very common these days for an EPL policy to have an exclusion for claims arising under the Fair Labor Standards Act (FLSA), he acknowledged. This has been partly in reaction to the rise in FLSA litigation over the past 10 years.

February 7, 2012

A bill introduced into the Pennsylvania House of Representatives would protect that state’s homeowners from mechanics' liens filed by subcontractors if the homeowners paid the contractor in full.

The bill would eliminate the ability of subcontractors, suppliers and others to file liens on owner-occupied residences when the monetary obligations have been paid in full. 

January 4, 2012

Two recent fires at Anderson Lumber in Waynesburg, Ky., may be the work of an arsonist, and Pennsylvania Lumbermens Mutual Insurance Co. wants to know who is responsible. The company’s insurer is offering a reward of up to $20,000 for information leading to the arrest and conviction of those responsible for the Dec. 20 and Jan. 1 blazes, which caused a combined estimate of $1.5 million in damages.

An old, vacant high school in the town has also been set on fire several times during the same time period, according to authorities.

June 7, 2011

BuildFax, the national database of building permit activity and creator of the BuildFax Remodeling Index, has joined forces with Equifax, one of the nation’s largest credit monitoring firms. The new partnership will give property and casualty insurance carriers immediate access to property history information, improving the accuracy of their underwriting to develop better pricing strategies and reduce the potential for fraud.  

October 31, 2007

The U.S. Department of Housing and Urban Development said the home builders were illegally using...