The U.S. Senate Judiciary Committee last month received testimony on whether to continue the insurance antitrust exemption contained in the 1945 McCarran-Ferguson Act. This law placed responsibility for insurance regulation with the states and has permitted insurers to employ joint …
80 Attorneys for Pennsylvania-based Sheetz convenience stores and scores of customers sickened during a salmonella outbreak two years ago have settled more than 80 lawsuits in recent weeks and agreed to delay a filing deadline in hopes that dozens of …
Owners of dangerous dogs face tougher penalties and adults who serve booze to underage guests are targeted under new state laws that took effect July 1 in Virginia. The dog-mauling death of 82-year-old widow Dorothy Sullivan prompted one of the …
Last summer when the Massachusetts Fair Plan, the state’s involuntary homeowners insurance market, looked into purchasing reinsurance, the premium was about $17.5 million. The plan did not purchase the reinsurance then, which left its participating individual property insurers to cover …
In Illinois and Iowa, motorists can get tickets for not wearing seat belts. In Connecticut, they are prohibited from talking on cell phones. And in New Hampshire, motorists can be fined if they are involved in an accident while applying …
The Professional Insurance Agents of New York State Inc. has been arguing for years that it is improper for the New York Department of Motor Vehicles to include ads from automobile insurers, such as GEICO, when it mails out drivers’ …
Social Service Program Nuts & Bolts: London American Risk Specialists, Inc. is offering a Social Service Program written by an “A” rated carrier that includes general liability, professional liability, (including sexual abuse/molestation) property, non-owned auto, domestic social services with foreign …
The New York State Legislature’s most recent session will be remembered by insurance lobbyists more for what did not get accomplished than for what did. The Republican-controlled Senate and the Democrat-led Assembly once again missed an opportunity to help calm …
You don’t need to conduct any kind of sophisticated market research in order to understand the effects of New Jersey’s 2003 auto insurance reform law. Just drive down the New Jersey Turnpike, where you can’t miss seeing billboards advertising national …
New York officials have denied a requested 7.5 percent hike in workers’ compensation premiums and criticized what they termed carriers’ ‘anemic’ efforts in combating fraud in doing so. The decision means rates will not be going up in October as …
