Louisiana homeowners with damage from hurricanes Katrina and Rita have until July 31 to apply for aid through the state’s Road Home program, officials announced May 29. The program gives out grants of up to $150,000 per homeowner. Insurance proceeds …
Louisiana’s state-run insurance company of last resort for homeowners in storm-prone areas paid almost $300,000 for consultant services and expenses from 2004 to 2006, but lacked paperwork to back up almost two-thirds of that spending, according to the legislative auditor’s …
The Texas Department of Insurance Division of Workers’ Compensation announced the availability of public use data files (PUDFs) for workers’ compensation medical charges and payments. Data sets for both professional medical services and institutional (hospital) services have been included on …
Texas Mutual Insurance Company announced it would distribute approximately $125 million in individual policyholder dividends, a record for the company. The plan still requires Texas Department of Insurance approval. Texas Mutual has declared about $445 million in individual dividends during …
Houston-based international specialty insurance group HCC Insurance Holdings Inc. appointed Lisa A. Moore as vice president of Human Resources, the company announced. Moore has served in human resources and legal departments since 1983 and has most recently been vice president …
Standard & Poor’s Ratings Services said that its ratings and outlook on Netherlands-based credit insurance group Atradius, and Spanish credit insurer Compañía Española de Seguros y Reaseguros de Crédito y Caución S.A. (CyC) are “unaffected by the announcement of a …
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A” (Excellent) and the issuer credit ratings (ICR) of “a+” of the Safeco Insurance Companies and its members. Best has also affirmed the ICR of “bbb+” and the debt …
The Archdiocese of St. Louis is suing a law firm that handles clergy sex abuse cases, claiming it is improperly circulating confidential documents related to eight current or former priests. At a news conference earlier this week, members of the …
A.M. Best Co. has upgraded the financial strength rating (FSR) to “B” (Fair) from “C++” (Marginal) and the issuer credit ratings (ICR) to “bb” from “b” of the Republic Western Insurance Group, which consists of Republic Western Insurance Company of …
The leaders of a special Rhode Island House commission studying the effects of natural disasters on property insurance costs have introduced legislation they say is aimed at protecting coastal homeowners from “unreasonable” rate hikes to insure their homes for hurricane …
