July 20, 2006
A tropical storm warning remains in effect as of 2 p.m. for southeastern Massachusetts from Plymouth to Woods Hole including Cape Cod and the islands of Nantucket and Martha’s Vineyard. The National Hurricane Center said rains from Tropical Storm Beryl …
July 20, 2006
A new format for public hearings and plans to broadcast future hearings on cable television has been announced by Kevin McCarty, Florida Insurance Commissioner. There will be a public hearing in Tallahassee, Fla. Aug. 3 at 1 p.m. during which …
July 20, 2006
State legislators who deal with insurance issues in their legislatures back home are expected to discuss amendments to their market conduct model law as well as state building codes during their summer meeting that runs today through Sunday in Boston. …
July 20, 2006
Shawn Edwin Linger, a former insurance agent in Clarksburg, W.Va. has been sentenced to one felony count of embezzlement according to Insurance Commissioner, Jane L. Cline. Linger was sentenced July 6 to one to 10 years in prison; however, the …
July 20, 2006
Florida regulators aren’t getting enough input from the public before approving property insurance rate increases, state chief financial officer candidate Randy Johnson said Tuesday. Johnson, a Republican state representative from Celebration, Fla. has made the high cost and difficulty in …
July 20, 2006
State Farm, one of Florida’s largest insurers, will raise property insurance rates by an average of 52.7 percent this year under a plan approved Tuesday by state regulators. The Bloomington, Ill.-based company said that the higher premiums will allow it …
July 20, 2006
A federal judge heard closing arguments Wednesday in the first courtroom challenge of the insurance industry’s denial of billions of dollars of homeowners’ claims after Hurricane Katrina. U.S. District Judge L.T. Senter, Jr., who heard seven days of testimony without …
July 20, 2006
Ohio Gov. Bob Taft recently signed legislation which includes provisions benefiting farm mutual insurance companies and their policyholders, according to the National Association of Mutual Insurance Companies’ (NAMIC) written statement. House Bill 442, introduced by State Rep. Matthew J. Dolan, …
July 20, 2006
The board chairman of Citizens Property Insurance Corp. has called an emergency meeting of the board of governors in Tallahassee, Fla. Friday July 21 to discuss the dwindling builder’s risk insurance market. Citizens carries about 6,000 of the policies that …
July 20, 2006
The Professional Insurance Agents of New Hampshire Inc.’s NumberOne Comp Program, which offers a variety of monoline workers’ compensation market options to association members, has been upgraded to provide insurance agents with real-time service and new policy delivery services. The …