Insurers lose steam in auto rate reg fight A California Superior Court judge has thrown out a lawsuit that challenged rules requiring auto insurers to base their rates primarily on drivers’ records instead of where they live, leaving insurance trade …
Agents with the Federal Bureau of Investigation’s Art Crime Team (ACT) have located an original Norman Rockwell painting, “Russian Schoolroom,” stolen during a burglary in Clayton, Mo., in 1973. It was found in the home of movie mogul Steven Spielberg, …
Insurance agents and brokers constantly deal with customers’ personal information. Yet many in the industry may not be aware of the legal requirements for handling or storing this information. How should agents and brokers collect and handle sensitive information? The …
Former congressional candidate Monica Lindeen has announced she will be running for Montana state auditor in 2008. Lindeen was the Democratic nominee last year for Montana’s sole U.S. House seat and lost to Republican incumbent Denny Rehberg. Lindeen is the …
Cloned food claims “Because meat from cloned animals could be mixed with meat from hundreds of other conventionally bred animals, even if there’s no harm related to cloning, if there’s a product recall and it hurts ranchers’ sales, there’s a …
Nevada lawmakers debate policy on drug tests for injured workers Injured Nevada workers could face required drug tests to prevail in insurance disputes, under an industry-backed proposal debated by state legislators. The Senate Commerce and Labor Committee recently heard testimony …
La. insurance regulators order Allstate to reverse cancellations Louisiana Commissioner of Insurance Jim Donelon on Mar. 6 ordered Allstate to scrap its property inspection process that led to the cancellation of more than 4,700 homeowners policies and reinstate coverage on …
Nursing Home Liability Nuts & Bolts: Quadrant Insurance Managers, a national management general agency, has expanded its nursing home liability product into Texas. This product offers professional and general liability coverage to Texas and Florida nursing homes (skilled nursing facilities); …
La. insurance regulators probe Allstate’s policy cancellations Louisiana insurance regulators are investigating whether Allstate Insurance Co. is canceling policies without properly inspecting homes to see if they are occupied or under construction after hurricanes Katrina and Rita. The Louisiana Department …
Last November, then-New York Attorney General Eliot Spitzer notified four insurance companies that they could no longer pay contingent commissions to agents and brokers who sell automobile, homeowners and certain other insurance products. The four companies — ACE, AIG, St. …
