News Currents The Delaware Senate and House moved swiftly earlier this month to pass a bill containing major reforms of the state’s workers’ compensation system. Gov. Ruth Ann Minner immediately signed the reforms into law. Lawmakers hope the new law …
An insurance company for the Roman Catholic Diocese of Burlington, Vermont wants to investigate the church’s conduct in 27 cases of alleged child sex abuse by a former priest before paying the costs of litigation associated with them. The state’s …
This is the most remarkable statistic of all. The combined ratio we estimate to be about 94 for the year. That would be the best result since 1955. News Currents The numbers, or estimates, for the property casualty insurance industry …
The Independent Agents Association of Delaware (IIAD) and the Insurance Agents & Brokers of Delaware (IA&B of DE) have agreed to merge their memberships. “Our members have clearly told us that they want a single organization to represent their interests …
Insurance agents want to avoid litigation, but it is not always possible. When they become involved in litigation in federal court, it is important for agents and their attorneys to understand the new Federal Rules of Civil Procedure governing electronically …
Rules suspension “The governor wants the opportunity to take a look not just at this initiative, but at the entire automobile insurance system in Massachusetts. Next week the governor will be putting together a study group to investigate this issue …
There is a new political dynamic in Congress that presents both opportunities and pitfalls. Last year, the President signed into law pension and health care reform that will greatly benefit insurance consumers. House passage of a surplus lines bill illustrated …
The federal judge who must sign off on a proposed $50 million class action settlement involving State Farm’s handling of Hurricane Katrina claims has said he needs lots more information before agreeing to the deal affecting as many as 35,000 …
The National Association of Insurance Commissioners (NAIC) today named its 2007 Committee chairs and vice chairs. The NAIC officers, most immediate past president and zone representatives met earlier this month to make assignments based on the preferences submitted by the …
Farmers Insurance Group of Companies, including Farmers Insurance Exchange and Mid-Century Insurance Company, is launching a full-year auto policy term to new customers in Montana, along with a six-month policy term option. For current Farmers policyholders, the option will be …
