A proposed tax credit aimed at helping Oahu flood victims was expanded by Senate lawmakers to cover families and businesses throughout the islands who suffered damages during the recent heavy rains. The credit would equal 10 percent of a taxpayer’s …
State Insurance Superintendent Eric Serna has been suspended by the Public Regulation Commission on the recommendation of the attorney general, who is investigating the office. Attorney General Patricia Madrid said an “inadequate controls environment” has persisted for some time within …
April 18 marks the 100th anniversary of the Great San Francisco Earthquake of 1906, a catastrophe that affected thousands of lives, caused hundreds of millions of dollars in damage, and generated aftershocks in insurance and engineering communities that still resonate …
The Department of Financial Services, Division of Insurance Fraud’s is on target to surpass last year’s record of 213 workers’ compensation fraud arrests. In February 2006 alone, the division made 25 workers’ compensation fraud arrests, almost one a day, and …
What has happened with auto insurance rates in South Carolina should be the ‘gold standard’ for what can be accomplished with other types of insurance,” Elanor Kitzman, South Carolina Director of Insurance told the Independent Insurance Agents and Brokers of …
In 2006, Florida legislators will make the biggest decision affecting automobile insurance that any legislature has had to make in 35 years, specifically, whether to re-enact or sunset the Florida Motor Vehicle No-Fault Law, and the legislature is speedily approaching …
Of the 165 conferences scheduled since mid-February, Dale said 103 were settled before the conference was held, 42 were settled at the meeting and 20 reached impasses. Mississippi Insurance Com-missioner George Dale has expanded the Hurricane Katrina mediation program for …
Southeast states didn’t fare well in the latest U.S. Chamber of Commerce ranking of states’ civil justice systems. North Carolina came in as number 10 in the top 10 favorites; while West Virginia was at the bottom of the list. …
Independent insurance agents scored a victory in the Florida Legislature March 30 during the Florida Association of Insurance Agents Legis-lative “Fly-in,” as it was announced that SB 2006/HB 145, which repeals joint and several liability, was approved after a decades-long …
Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business on the Internet to reach additional consumers that don’t like to deal with a middle-man and purchase insurance through agents. According to Paul Hollie, Safeco spokes-man, …
