March 4, 2009
The rating agency A.M. Best Co. said it continues to view the outlook for both the U.S. personal and commercial lines markets as stable. Despite the ongoing soft period in the cycle in commercial lines, a contracting economy and the …
March 4, 2009
Jeremy Borak has joined Tanner, Ballew and Maloof, Inc. in Atlanta as a vice president and account executive. He will be involved with the development and servicing of new risk management and insurance clients for the insurance firm. Borak had …
March 4, 2009
Members of the South Dakota House have killed an attempt to revive a failed bill strengthening the state seat belt law. The House voted 35-33 to defeat an attempt to insert language creating a primary enforcement seat belt law into …
March 4, 2009
Peoria, Ill.-based RLI Corp. began offering its new network security and privacy coverage – CyberSecure – which insures losses from system vulnerability, security issues and a wide range of exposures to financial loss arising from network security and privacy breaches. …
March 4, 2009
The Supreme Court Wednesday ruled against the drugmaker Wyeth, holding that pharmaceutical companies can be held liable for harm from medicines which carry warnings approved by federal regulators. By a 6-3 vote, the high court ruled that labeling approvals by …
March 4, 2009
The Army Corps of Engineers says four dams in North Dakota are among the 600 nationwide that are being screened through a new public safety process. The corps says the Garrison, Bowman Haley and Snake Creek dams have been classified …
March 4, 2009
A Kentucky lawmaker pushing to reduce the number of medics required at small mines owns a mine that was cited last year for not having the personnel on duty. The Lexington Herald-Leader reported that state inspectors last year cited the …
March 4, 2009
Nebraska’s highest court will determine whether a state insurance guaranty fund must cover nearly $1 million in losses suffered by 26 Nebraskans in a life insurance deal. The Nebraska Supreme Court heard arguments this week in the appeal and cross …
March 4, 2009
A group looking for ways to prevent another serious flood in northwest Ohio said it will use $3 million in state aid to buy homes and land along the Blanchard River in two hard-hit towns. Buying the low-lying properties in …
March 4, 2009
Michigan Gov. Jennifer Granholm’s call for auto insurance companies to freeze their rates has won over 12 companies thus far, although most of the state’s largest insurer have not consented to the freeze. In a Feb. 3 order, Granholm asked …