May 14, 2009
State Farm’s 3.3 million California auto insurance policyholders will soon see a decrease in their premiums, as the California Department of Insurance approved an 8 percent, $219 million rate cut. The 8 percent rate cut is a statewide average. The …
May 14, 2009
As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, the editors wanted to highlight a few of the current Top 100 agencies. Throughout the coming weeks, InsuranceJournal.com will …
May 14, 2009
Drivers in Texas over the age of 18 but younger than 21 would have to take a driver’s education course before they could get a license, under a bill approved by the state Senate. Currently in the state, an adult …
May 14, 2009
Legislation easing the burden on the Missouri fire marshal to conduct fire safety inspections at long-term care facilities won final approval. The measure partially revises a law enacted after a November 2006 fire killed 11 people at the Anderson Guest …
May 14, 2009
With the start of the hurricane season just a few weeks away, a leading Florida consumer advocate joined independent agents at a press conference today to warn that property insurance rates need to be raised if insurers are going to …
May 14, 2009
Don Burdolski and Bill Castans have joined Kansas-based Bukaty Companies Property and Casualty division as account executives. Burdolski and Castans have more than 45 years of combined experience in commercial lines sales. As producers, both Burdolski and Castons will service …
May 14, 2009
The Texas Supreme Court has been more active in addressing insurance coverage issues than at any other time in the last 20 years. With increasing concern, coverage lawyers are watching closely the areas it chooses to focus on as well …
May 14, 2009
Texting while driving is now a crime in Utah. And for those who don’t know it, a new public-service DVD about an accident that killed two people when a driver who was texting collided with another vehicle will serve as …
May 14, 2009
Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and senior unsecured debt ratings on Toronto-based specialty insurance provider Kingsway Financial Services Inc. to ‘B-‘ from ‘B’. S&P also removed the ratings from CreditWatch with negative implications, where …
May 14, 2009
Florida officials have rejected a rule that would have expanded a ban on auto insurance surcharges for drivers involved in collisions where they were not found at fault. The state currently prohibits insurers from surcharging existing customers with not-at-fault accidents …