April 21, 2009
Insurance premiums for businesses continued to slide towards a “soft landing” rather than an abrupt reversal resulting in rate increases, according to risk managers. While banks and other financial institutions bought directors and officers (D&O) insurance at substantially higher rates, …
April 21, 2009
Banorte, one of Mexico’s leading banks, has begun to offer life insurance to immigrants working in the United States to protect their families back home. The insurance, being rolled out first in the state of Zacatecas, covers the death of …
April 21, 2009
The Oregon Supreme Court has ruled that private contractors working for public agencies can be sued separately for liability claims. In a unanimous decision, the court said a private company that contracts to perform services cannot avoid liability unless the …
April 21, 2009
Officials say a strong earthquake shook parts of Hawaii’s Big Island but no damage has been reported. U.S. Geological Survey’s Hawaiian Volcano Observatory says a temblor with a magnitude of 5.0 struck Tuesday, April 14, 2009, at 12:44 p.m. local …
April 21, 2009
Editor’s Note: The following commentary originally was addressed to Thomas Feyer with New York Times in response to an opinion expressed by Tom Wilson, CEO of Allstate, advocating federal regulation of insurance.. Contributing to the current economic volatility have been …
April 21, 2009
Acting Motor Vehicle Division Administrator Brenda Nordlund said that barring any unforeseen technical difficulties, a new title and registration system for the Motor Vehicle Division will be brought up throughout the state this week. The new system was developed as …
April 21, 2009
The Texas Senate has approved a measure that allows the continued operation of the Texas Department of Insurance, but would slightly reform its operations, according to a Senate new release. The bill’s author Senator Glenn Hegar of Katy, said the …
April 21, 2009
A Cleveland, Ohio, chiropractor who has been under investigation by the Ohio Bureau of Workers’ Compensation’s (BWC) special investigations department (SID) has been sentenced after pleading guilty to workers’ compensation fraud and intimidation, the BWC announced. Dr. Thomas Kavounas was …
April 21, 2009
Arguments began April 20 in a lawsuit filed by New Orleans residents and a business who claim the Army Corps of Engineers owes them damages because of the massive flooding after Hurricane Katrina that stirred up the waters and washed …
April 21, 2009
The Professional Insurance Agents Association of Ohio Inc. (PIA) has selected Douglas L. Jackson, of Hilliard, to serve as director of Education. Jackson, a Certified Parks and Recreation Professional (CPRP), comes to PIA after working more than six years as …