Lawsuit reform revisited “While I am still reviewing [the] ruling, my initial reaction is that of disappointment, because I believe it will lead to an increase in frivolous lawsuits, higher insurance costs, and less access to health care for our …
Ruling against La. Citizens could affect more insurers 10 Survey says party hosts are underinsured Trusted Choice reports 28.5 million need more coverage 12 Miss. AG’s Katrina lawsuit moved Judge rules state court more appropriate 12 Ark. launches insurance plan …
The clues were everywhere. A young woman lay dead in a burned cabin at a church camp in East Stroudsburg, Pa., while her father survived. Most of the lessons taught to budding fire investigators stood out at the scene. The …
$20 billion The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized coverage for some of the riskiest …
Even though a homeowner’s insurance policy said floods were not covered, leaving that statement out of the application left the company liable for damages to a house destroyed by Hurricane Rita’s winds and floods, a judge in New Iberia, La., …
Ohio State Automobile Mutual, Beacon Insurance Group Ohio-based State Automobile Mutual Insurance Company is acquiring the Beacon Insurance Group of Wichita Falls, Texas. The transaction, which is expected to close in the first quarter of 2007, will be effected through …
Most of the 28.5 million Americans hosting parties between Thanksgiving and the Super Bowl are underinsured, according to a new study by Trusted Choice. Of those 28.5 million party hosts, 21.3 million do not have a personal umbrella insurance policy, …
Miss. AG’s Katrina case moved to state courts A federal judge agreed in late December to transfer Missis-sippi Attorney General Jim Hood’s lawsuit against insurance companies over Hurricane Katrina damages from federal to state court. U.S. District Judge L.T. Senter …
Cancellation and Nonrenewal John Gibson Auto Sales Inc. v. Direct Insurance Company (Ark. App., Div. III and IV, Dec. 20, 2006) Arkansas statute deemed inapplicable. Insured brought suit against insurer for denial of auto coverage. Insurer claimed coverage was not …
Many Floridians already facing soaring insurance rates will be hit by additional surcharges that could tack another 9 percent to their premiums next year. The Florida Insurance Guaranty Association approved a new 2 percent surcharge. It will be added to …
