The Arizona Legislature is debating a bill that would prohibit a state or local authority from using photo enforcement systems to detect speeding violations on state highways. If passed, the bill, HB 2106, also would repeal the state photo enforcement …
Scottsdale, Ariz.-based Helmer Risk Management LLC has been renamed Hemer. According to president and CEO Scott A. Helmer, “We decided to drop ‘risk management’ from the company name and add the ‘insurance broker/risk advisor’ tagline to define clearly the services …
Catastrophe bonds withstood the impact of onerous market forces in 2008, brought on by turmoil in the global capital markets, according to a new briefing on catastrophe bond market activity. The cat bond market update, published by Guy Carpenter & …
In her seventh State of the State address, Michigan Governor Jennifer M. Granholm called for a freeze on auto insurance rates. She said the freeze would last for a year, “while the Legislature works to enact comprehensive insurance reform to …
The accidental deaths of two teenage boys at an excavation site in 1997 were separate occurrences under the liability insurance policy of the property owner, the Illinois Supreme Court has ruled in reinstating a $2 million judgment against the insurer. …
For the third time in less than a week a small earthquake has been recorded in Oklahoma, but geological experts say these occurrences are not uncommon or cause for alarm. The U.S. Geological Survey reported a magnitude 3.2 earthquake occurred …
The former chief of Louisiana’s state-backed insurance company has pleaded not guilty in a criminal case that accuses him of fraudulently spending the firm’s money for personal travel and entertainment. Terry Lisotta was arraigned Feb. 2 in Baton Rouge on …
Infinity Insurance announced it has opened a new 325 seat call center in McAllen, Texas. The facility houses Claims and Customer Service representatives who are specially trained to handle calls from Infinity’s large base of Spanish-speaking customers from across the …
In the first real test of the Obama administration’s ability to respond to a disaster, Kentucky officials are giving the federal government good marks for its response to a deadly ice storm. Yet more than 300,000 residents remained without power …
Three of the five emergency items that Texas Gov. Rick Perry has outlined for the 2009 legislative session relate to hurricane recovery, including legislation to reform the Texas Windstorm Insurance Association (TWIA) and legislation to fund the Catastrophe Reserve Trust …
