Part-time Florida residents and so-called “snowbirds” who insure their cars back home cannot make claims under Florida laws that may be more favorable to them than those in their own states, the state Supreme Court has ruled. The ruling applies …
20% The premium refund that The Medical Assurance Company of Mississippi is giving to its physician customers. According to Michael D. Houpt, MACM president, the malpractice insurance refund has been made possible almost entirely as a result of the significant …
Mississippi Insurance Commissioner George Dale says he is working on a bill of rights for consumers, patterned after similar programs in Maryland and Florida. Dale said no legislative action is required. He said a public hearing would be needed before …
What a difference a year makes. The U.S. property/casualty industry posted a $24.4 billion net gain on underwriting through the first nine months of 2006. For the same period in 2005, it lost $2.5 billion. Insurers and policyholders have Mother …
Georgia could see fewer than 100 fire deaths this year – the lowest toll in nearly a decade, thanks to warm weather, according to the Insurance and Safety Fire Commissioner’s Office. “Most of our fatal fires do occur with people …
Tornadoes deliver Christmas disaster for Floridians Four Christmas Day tornadoes damaged hundreds of Florida homes, with one flipping airplanes at a flight school and tearing the roofs off three apartment buildings, according to officials. Gov. Jeb Bush declared a state …
Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit and other financial services markets. 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 …
Zurich Financial Services Group has appointed Maine Insurance Superintendent Alessandro A. Iuppa as head of Government and Industry Affairs for General Insurance, and as chief government affairs officer, North America. Both appointments are effective Jan. 15, 2007. Based in Washington, …
Sen. Chris Dodd, D-Conn., is the incoming chairman of the Senate Committee on Banking, Housing and Urban Affairs, which has jurisdiction over flood and terrorism insurance, as well as over regulation of insurance, credit and other financial services markets. The …
