Insurance companies in Michigan no longer will be able to use customers’ credit scores to set home and auto insurance premiums if a state Court of Appeals ruling stands. The 2-1 decision released Friday, August 22 reversed a 2005 ruling …
The Mississippi College Board gave the University of Southern Mississippi approval to spend $27.5 million to rebuild its Gulf Coast campuses devastated by Hurricane Katrina three years ago. The money will be a combination of insurance proceeds and federal reimbursements. …
The co-owners of a Danvers, Massachusetts, paint factory that exploded and caused extensive damage to the surrounding neighborhood have proposed a $6.6 million settlement. According to a settlement proposal, factory co-owners CAI Inc. of Georgetown and Arnel Co. of Danvers …
Gov. David Paterson is freezing medical malpractice insurance rates for a year as he seeks a broader solution to high business costs doctors claim are driving them out of New York. The freeze heads off a scheduled surcharge due in …
Bucking the national trend toward lower work related deaths, Texas work related fatalities rose to 527 in 2007, an 8 percent increase over 2006, according to the Texas Department of Insurance. The state also saw a 56 percent increase in …
A state appeals court ruled Aug. 22 that Texas insurance regulators did not have the authority to issue a disciplinary order against State Farm Lloyds, the state’s largest home insurer, for charging rates it had filed with the state. The …
Denver-based Cherry Creek Insurance has acquired Montana-based Hanes Hathaway Inc., a specialty agency that focuses on coverage and risk exposures for technology related firms.As part of the acquisition, Cherry Creek will add a range of middle-market technology clients, along with …
Insurers continue to tally claims from Tropical Storm Fay after its fourth landfall occurred on the Panhandle. The Florida Office of Insurance Regulation compiled and released the latest numbers from some of the state’s highest volume insurers. As of 8:30 …
Florida authorities say two more people have been killed by Tropical Storm Fay, raising the storm’s death toll to 10. Florida Law Enforcement Commissioner Gerald Bailey and Gov. Charlie Crist updated the storm’s toll in a Saturday morning news conference …
The claims are piling up in Florida as Tropical Storm Fay is knocking on the Panhandle’s door. The Florida Office of Insurance Regulation compiled and released the latest numbers from some of the state’s highest volume insurers. As of 8 …
