Latest Restaurant Headlines

All the headlines from our Restaurant Topic Page, ordered by recency.

Restaurants with Liquor

Sep 6 2004 // Nuts & Bolts: Midlands Management Corp. has a new market for restaurants with liquor.Dollars: Policy limits of $750,000 property per location; $1 million – $2 million limit for liability. Deductibles of $1,000...

Historic Richmond Hard Hit by Gaston Flooding

Sep 2 2004 // An unexpectedly heavy downpour from the remnants of Tropical Storm Gaston led to widespread flooding in Richmond, Va. that left at least five dead and devastated an historic neighborhood that was the heart of the...

Mass. Liquor Liability JUA to Write Higher Limits

Aug 25 2004 // The Liquor Liability Joint Underwriting Authority (LLJUA) of Massachusetts has taken advantage of a new law and filed to write higher occurrence policy limits of $1 million/$1 million.By law, the LLJUA had been limited to...

Former Broker Arrested in $4M Fraud Scam

Jun 21 2004 // Richard W. Peterson, 63, of San Francisco, a former insurance broker/agent, was arrested at Miami International Airport on federal fraud charges for allegedly selling approximately $4 million of fake insurance policies...

Oklahoma Restaurant Assoc. Endorses Great Central

May 10 2004 // Great Central Insurance Company, a member of San Antonio-based Argonaut Group Inc.‘s Specialty Commercial segment, announced it was named the endorsed insurance company for the Oklahoma Restaurant Association (ORA)...

Bay Area Man Arrested on East Coast in $4 Million Insurance Fraud Scam

Apr 23 2004 // Richard W. Peterson, 63, of San Francisco, a former insurance broker/agent, was arrested April 19th at Miami International Airport on federal fraud charges for allegedly selling approximately $4 million of fake insurance...

Buttafuoco Behind Bars

Apr 5 2004 // Joey Buttafuoco, whose 17-year-old lover became known as the “Long Island Lolita” after shooting his wife in the face, has been sentenced to a year in jail for auto insurance fraud. Buttafuoco, 48, pleaded...

N.H. Liquor Agency Flexes New Suspension Power

Mar 30 2004 // Exercising its new power, the New Hampshire Liquor Commission has suspended the Laconia Rod and Gun Club’s liquor license because the club had two illegal sale violations and no liquor liability insurance.Liquor...

Tennessee Restaurant Assoc. Program Names Great Central Insurance as Preferred Provider

Mar 29 2004 // Great Central Insurance, a member of Argonaut Group Inc.’s Specialty Commercial segment, announced that they have been appointed the Preferred Provider for the Tennessee Restaurant Association (TRA) property and...

Judge Bars Silverstein from WTC Trial over Remarks

Mar 22 2004 // Judge Michael Mukasey has come down hard on Larry Silverstein, barring him from attending the current trial over the amount of recovery for the destruction of the World Trade Center, after he reportedly violated the...

State Orders Calif. Restaurants to Close Due to Lack of WC Coverage

Nov 10 2003 // State Labor Commissioner Art Lujan ordered the closure of nine International House of Pancakes (IHOP) restaurants in Sacramento and Fresno because the restaurants did not have a valid workers’ compensation insurance...

Small Restaurants

Jul 21 2003 // Nuts & Bolts: London American has unveiled a new Small Restaurant program. The new program will target independently owned small restaurants, fast food restaurants, and refreshment stands. The exclusive program is...

London American Unveils New Calif. Small Restaurant Program

Jun 25 2003 // London American has unveiled a new Small Restaurant program for California.Written on a non-admitted basis with an A XV insurer, the new program will target independently-owned small restaurants, fast food restaurants, and...

Nightclub Tragedies to Worsen Already Volatile Marketplace

Apr 21 2003 // The recent nightclub tragedies in Chicago and Rhode Island, which all told killed 120 people, will lead to stricter underwriting and discourage new carriers from entering that volatile market, according to a broker who has...

Nightclub Tragedies to Worsen Already Volatile Marketplace

Apr 21 2003 // The recent nightclub tragedies in Chicago and Rhode Island, which all told killed 120 people, will lead to stricter underwriting and discourage new carriers from entering that volatile market, according to a broker who has...

Programs, Beacons of Stability in Tumultuous Markets

Aug 5 2002 // Now that the hard market has firmly set, it’s no secret that more and more standard property and casualty insurance carriers are seeking to stem losses by restricting coverage and revamping underwriting habits. As in...

Programs, Beacons of Stability in Tumultuous Markets

Aug 5 2002 // Now that the hard market has firmly set, it’s no secret that more and more standard property and casualty insurance carriers are seeking to stem losses by restricting coverage and revamping underwriting habits. As in...

Excess Surplus & Specialty

Jul 22 2002 // Nuts & Bolts: Ajalon Specialty Insurance Brokers has E&S and Specialty Markets available for auto-commercial (commercial auto liabiltyÑmisc./special purpose), contractors & related, artisian contractors,...

New Market: Excess Surplus and Specialty

Jul 11 2002 // Ajalon Specialty Insurance Brokers has E&S and specialty markets available for auto-commercial (commercial auto liability—misc./special purpose), contractors & related, artisan contractors, contractors...

NH Supreme Court Upholds Proportional Damage Award Limits

Jul 1 2002 // The New Hampshire Supreme Court has upheld a state law limiting the payment of damages to the percentage of fault in cases where a defendant has been found less than 50 percent liable for the injuries.A report from the...