The Los Angeles Chapter of the CPCU Society has named Gerald J. Sullivan its Rie R. Sharp Insurance Person of the Year Award winner. According to the society, the award recognizes “an individual who has set a notewrothy example of …
Naxos Avondale Specialty Casualty Inc., an underwriting management company focused on the specialty casualty excess and surplus lines markets, has officially launched operations and begun accepting business. The creation of Naxos Avondale was announced in August 2009 as a joint …
The Supreme Court said Monday it would decide when U.S. laws against securities fraud apply to transnational securities dealings, specifically involving a case about a shareholder lawsuit against National Australia Bank Ltd and its former U.S. mortgage unit. The justices …
Former Nevada Test Site employees seeking compensation for exposure to radioactive and toxic materials might not have to estimate their exposure through costly and time-consuming dose reconstructions. The National Institute of Occupational Safety and Health is recommending special status for …
A state lawmaker in Oklahoma is raising concerns about a plan to beef up the state’s electronic insurance verification system. The plan would involve cameras that would randomly record vehicle tags. But Rep. Mike Reynolds of Oklahoma City says the …
The New Mexico Department of Homeland Security and Emergency Management is urging New Mexico drivers to be prepared for winter conditions by putting together an emergency kit. Department Secretary John Wheeler says kits should include at least a shovel, windshield …
State Farm Lloyds has filed an appeal to a Texas Department of Insurance order to pay home insurance policyholders $310 million in refunds and interest for alleged overcharges going back as far as 2003. Spokesman Kevin Davis says Texas’ largest …
Auditors will take a new look at denied workers’ compensation claims in North Dakota and also will study the laws defining eligibility for certain benefits. The performance audit of Workforce Safety and Insurance will review its operations in 2008 and …
The Texas Office of Public Insurance Counsel wants the Texas Department of Insurance to adopt a rule OPIC banning discretionary clauses in insurance policies. The OPIC says discretionary clauses give the insurer broad discretion to interpret policy terms and evaluate …
A convicted burglar has claimed in jailhouse interviews that he was badgered into confessing to starting a 2003 wildfire that burned about 1,000 homes in the foothills above San Bernardino and allegedly caused five people to die of heart attacks. …
