The state is giving Virginia residents an incentive to prepare for hurricane season. Virginia’s Hurricane Preparedness Sales Tax Holiday begins May 25 and runs through May 31. During the weeklong holiday, state and local sales taxes won’t be collected on …
Lobbyists for property/casualty insurance agents have elevated health care reform to the top of their political agenda. P/C agents have addressed health insurance legislation in the past but the issue has taken on new urgency for several reasons. First, after …
A 8,733-acre fire that destroyed 80 homes and forced 30,500 people from their homes in Santa Barbara, Calif., was reported 95 percent contained on May 15. The last mandatory evacuation orders associated with the Jesusita Fire were lifted May 14 …
Wisconsin lawmakers are considering legislation to prevent insurance companies from denying coverage to people with pre-existing conditions. Federal law prevents public programs such as BadgerCare and employer-sponsored group health plans from denying coverage or charging higher rates due to pre-existing …
Citizens in four Midwestern states are cleaning up after violent storms killed three people in northern Missouri, damaged hundreds of homes and left thousands without power. Authorities reported at least two tornadoes touching down in Adair County, the first hitting …
Despite the protests of insurance and business interests, the Texas House has passed legislation that would make it easier for certain injured workers to sue property owners for negligence. House Bill 1657 by Reps. Eiland, Giddings, Hughes, Smithee and Solomons, …
Three men killed when an empty gasoline storage tank exploded in north Arkansas likely died from the impact of the blast, a coroner said. Federal safety officials have begun an investigation into the blast at the TEPPCO Partners LP facility …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating of ‘B++’ (Good) and issuer credit rating of “bbb+” of Medical Mutual Insurance Company of Maine (MMIC). Best said the “revised outlook reflects …
Insurance Journal is on the search for the nation’s leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Now, agencies have three ways to qualify: Top Overall Independent Agencies, Top Commercial …
New policy forms and loss costs will be available early next year to insurers writing inland marine property coverage for certain types of vehicles, and for boats and motors. The American Association of Insurance Services (AAIS) said it has initiated …
