Teen drivers are often behind the wheel when they are tired or being distracted by cell phone chatter or others’ behavior, according to a new national survey of high schoolers. In the survey, 5,665 high school students said they are …
Nearly 400 Connecticut jobs are being affected as The Hartford Financial Services Group outsources data services. The Hartford has signed a five-year contract with IBM, which will support and maintain systems and data center equipment used to run them. The …
A cell phone ban for Maryland drivers has been considered — and rejected — many times by state lawmakers. However, two new plans before lawmakers have some asking if this is the year Maryland will join Washington, D.C. and the …
North Carolina Insurance Commissioner Jim Long has approved an average 5.4 percent increase in homeowners insurance rates beginning May 1. Long said the “increase is significantly lower than what companies originally asked for.” He said that the rising cost of …
Traffic fatalities in Tennessee have gone down slightly over the past two years following the passage of two important driver safety laws, according to preliminary statistics from 2006. The state lowered the minimum blood-alcohol content to 0.08 percent for drunken …
The difference in how the state Legislature approached Florida’s insurance problems this year compared to last year are like the differences between night and day, hot and cold, black and white, and Jeb Bush and Charlie Crist. Last May, lawmakers …
The panel assigned with turning Massachusetts’ groundbreaking health care law into a reality sent insurers back to the drawing board this week, saying they need to do a better job at coming up with low cost health care plans. The …
American International Group, Inc. (AIG) has submitted a letter to the board of directors of 21st Century Insurance Group proposing to acquire the outstanding 38.1 percent publicly held shares of 21st Century for $19.75 per share in cash. AIG and …
Oakland, Calif.-based EQECAT said, that “based on its simulation of last week’s European winter storm Kryill, including currently available information provided by several European meteorological services, initial estimated insured losses in Western Europe range from about €2.5 billion to about …
Bermuda’s PartnerRe Ltd. announced that claims relating to its exposure to Windstorm Kyrill, which hit Europe last week, are expected to be between $50 and $65 million. “Windstorm Kyrill battered the U.K., France, the Netherlands, Germany and several other Northern …
