In his decision to again disallow a class action suit against State Farm Fire and Casualty Co. regarding “slab” claims from damage caused by Hurricane Katrina, U.S. District Court Judge L.T. Senter Jr. said he believes there are too many …
State regulators fined California’s largest health insurance provider $1 million for violating state law, saying an investigation found that the company systematically dropped policyholders after they became sick or pregnant. Officials with the Department of Managed Health Care said they …
The Colorado House approved and sent to the Senate a bill that would require companies to allow injured workers to choose between two doctors for workers compensation care. It also would allow workers to change doctors if they want a …
Idaho Gov. C.L. “Butch” Otter has vetoed his fourth bill of 2007, this time killing a measure to force insurance companies to offer motorists policies that protect them against underinsured drivers in the event of an accident. Underinsured motorist coverage …
U.S. Risk Brokers, a subsidiary of U.S. Risk Insurance Group, announced that James C. Dalton has been named senior broker in its Houston office. In this position, Dalton will assume responsibility of executive liability coverage for private and publicly held …
It’s been a year and a half since Louisiana’s insurer of last resort last balanced its checkbook, and its computer backup system loses details of records more than two weeks old, the agency’s board has learned. The Louisiana Citizens Property …
Vicky Pearson has been promoted to an underwriter at wholesale insurance broker Russell Bond & Co., Inc. in Buffalo, N.Y. Pearson began her business career in customer service and administration in the financial services and communications industries. Her insurance career …
Powter Insurance Agency Inc. of McKinney, Texas, announced it purchased Arlington, Texas-based Anchor Insurance Agency Inc. from Ron Brown. The Arlington location will be Powter Insurance Agency’s second location. According the announcement, Powter, a 10 year old agency, has a …
Louisiana Insurance Commissioner Jim Donelon wants to use $100 million in state money as financial incentives for insurers, hoping the lure will make companies more likely to write homeowners policies in coastal parishes. The so-called “surplus match” plan would create …
Insurance Commissioner Jim Poolman is investigating whether some of an Underwood insurance agent’s customers have lacked coverage for years because she issued bogus policies and kept their premium payments. At least $300,000 is believed to be missing. The agent, Diane …
