South Carolina Gov. Mark Sanford has signed a law to toughen the state’s penalties for driving under the influence and to remove enforcement loopholes. The bill significantly strengthens the state’s DUI laws, toughening penalties for most first time offenses and …
You don’t have to be involved in the property/casualty insurance industry long to become acquainted with the many studies that are released each year on rating systems, both from consumers and from the industry. The most recent study was released …
A nationwide consumer study of automobile insurance regulation says that rates have risen more slowly in the 15 states that require insurers to receive advance approval of rate increases from the state over the last two decades. According to the …
The insurance industry is preparing to build a state-of-the-art applied research facility that will use science and technology to expand capabilities to create more durable homes and businesses and reduce the costs of natural disasters. The Institute for Business & …
Several employees at the Quality Pork Processors plant in Austin, Minn., who were initially denied workers’ compensation for a mysterious neurological illness will be paid after all, attorneys said. At least 18 workers have suffered symptoms of the illness, which …
At least 23 people in 14 states, including North Dakota, have been sickened by the same strain of salmonella found in two breakfast cereals recalled by Malt-O-Meal, the federal Food and Drug Administration said. Officials in Minnesota are investigating whether …
Grange Mutual Casualty Co. announced that Randy Montelone will retire at year end after 29 years of service with the company. Tom Welch, current president of Grange Life Insurance Co., a Grange subsidiary, assumes the role of chief financial officer …
The Michigan Supreme Court on April 23rd struck down a legal precedent that generally gave motorists more time to sue their insurance company for unpaid claims under some circumstances. The 4-3 ruling follows similar insurance-related decisions by the court in …
The Supreme Court struggled recently with how much weight to give an insurance company’s potential conflict of interest when it denies an employee’s health or disability benefits claim. The lawyer representing the Ohio woman who sued MetLife Inc. over a …
Bad Faith Blues “It is good for consumers … it will help them get what they paid for, which is our goal. But it also recognizes the industry’s needs. It gives them some ability to have some understanding and some …
