January 19, 2010
A North Carolina appeals court is weighing whether to freeze or even reverse homeowners’ insurance premiums that soared by up to almost 30 percent along the coast while sliding by a third in counties farthest from the shore. A three-judge …
January 19, 2010
Lawmakers in both the House and Senate have voted unanimously to delay a state law that requires workers’ compensation coverage for independent contractors who were previously exempt. The vote last friday pushed back the effective date of the law until …
January 19, 2010
The Insurance Media Association is pleased to announce Mark Wells Sr. and Mark Wells Jr. as the 2009 inductees into the Insurance Media Hall-Of-Fame. Insurance Journal, considered the most-read national property and casualty publication for independent insurance agents and brokers, …
January 15, 2010
In Texas, the repeal of a motorcycle helmet law has been followed by a sharp increase in fatal motorcycle crashes, according to a study in the January Southern Medical Journal, official journal of the Southern Medical Association. “Since the 1997 …
January 15, 2010
Missouri Supreme Court is considering whether to overturn limits on how much money people can be awarded in medical malpractice cases. The case challenges a 2005 law that set a flat $350,000 cap for non-economic damages, such as for pain …
January 15, 2010
Republicans in the Oklahoma House of Representative followed their counterparts in the state Senate on Jan. 14 by introducing their plan to overhaul Oklahoma’s workers’ compensation system. Senate Republicans unveiled their legislative intent on Jan. 11. The Republicans say an …
January 15, 2010
Oklahoma Insurance Commissioner Kim Holland has fined a Tennessee company and two of its affiliates $25,000 each for violating a cease and desist order she issued in November of last year. According to the order, the company has been illegally …
January 15, 2010
The Missouri Department of Insurance reports that in 2009 it returned $14.4 million to consumers who filed complaints. The money was recovered from insurance companies and represents a $2 million increase over the amount recovered in 2008. It was returned …
January 15, 2010
Boston-based insurer Safety Insurance Group Inc. said it has reached an agreement with the Massachusetts Attorney General’s office to change the way in which it calculated motorcycle insurance premiums for certain types of coverage dating back to January 1, 2002. …
January 15, 2010
Some first-time drunken drivers will have to install ignition interlock devices under legislation approved by both houses of the New Jersey Legislature. The Assembly and Senate both overwhelmingly passed the bill on Monday, sending it to Gov. Jon Corzine’s desk. …