The California Department of Insurance is looking to improve the state’s property insurer of last resort, otherwise known as the California Fair Plan. Following urban disturbances in the late 1960s, the FAIR Plan was established to make basic property insurance …
The California State Senate passed a package of bills early Friday morning, revising the 2009-10 budget, that was passed in February, with $24.2 billion in deficit reduction solutions and a $921 million reserve; in total solving a $25.3 billion problem. …
Insurance Commissioner Wayne Goodwin wants North Carolinian homeowners to be aware of a class-action settlement with Nationwide Mutual Insurance Co. for which he estimates some 304,995 consumers across the state may qualify. The settlement is between Nationwide Mutual Insurance Co. …
Greg Waltz has joined Mack Insurance Group, Inc. and become one of the three partners in the Deerfield Beach, Florida-based company. The company plans to change its name to Mack, Mack and Waltz Insurance Group Inc. Waltz specializes in providing …
Shrugging off delays in a divided Congress, President Barack Obama’s administration on Friday said a sweeping healthcare overhaul would still be approved by year’s end to control costs and expand coverage. White House Chief of Staff Rahm Emanuel said the …
The Insurance Council of Texas has presented William H. “Bill” Huff, vice president of Regulatory Affairs for Affirmative Insurance, with the Raymond Mauk Leadership Award. Huff is the twelfth recipient of the award, which is the ICT’s highest honor. The …
The Connecticut Insurance Department has fined Safeco Cos. $434,000 following a market conduct exam of the five subsidiaries for the insurer. The fines are for violations that include improper cancellations, improper rating and using unlicensed agents and adjusters among others. …
Oklahoma can’t pursue monetary damages in its environmental lawsuit against a dozen Arkansas poultry companies because it didn’t name the Cherokee Nation as a plaintiff, a federal judge ruled in a major blow to the state. Oklahoma had hoped to …
In an address to some 130 members of the Missouri Association of Insurance Agents (MAIA) Missouri Insurance Director John M. Huff made a strong argument that states, rather than the federal government, should continue to regulate the insurance industry, the …
A woman falsely implicated by New York police in a gruesome 1989 multiple murder is entitled to more than $250,000 in compensation for the nearly 2 1/2 years she spent behind bars, a New York Court of Claims judge has …
