April 21, 2010
Michigan insurance officials and Allstate Insurance Co. are warning consumers of an international mail fraud scheme using counterfeit checks with Allstate’s name on them. The Michigan Office of Financial and Insurance Regulation (OFIR) said one if its employees received a …
April 21, 2010
Martha A. Lees has been named deputy superintendent and general counsel of the New York State Insurance Department. She advises the superintendent on legal matters and oversees the preparation of legal opinions, the promulgation of regulations and the management of …
April 21, 2010
Up to a dozen crew members were missing and at least seven were critically injured after an explosion and fire late on April 20 hit a Transocean drilling rig that was working off the Louisiana coast, the U.S. Coast Guard …
April 21, 2010
A lease agreement to buy insurance for a landlord trumps state law that prohibits property owners from requiring tenants to indemnify landlords for their own negligence, Massachusetts highest court ruled. The decision centers on an appeal brought by Cummings Properties, …
April 21, 2010
The Florida-Based Property Insurers CEO Group, representing 21 carriers, held a media conference today to discuss legislation to address the problems in the state’s property insurance market. The group downplayed the controversial issue of rate hikes while supporting reforms in …
April 21, 2010
The federal government has sued to recover $7 million in mercury cleanup costs from eight companies that used a New York refinery between 1970 and 1991. The companies were part of an earlier $2.4 million settlement. But the government says …
April 21, 2010
The Michigan Insurance Hall of Fame will honor three leaders in the insurance industry at the seventeenth annual induction ceremony of the Michigan Insurance Hall of Fame on August 18 on the campus of Olivet College. New inductees for 2010 …
April 21, 2010
The Florida Legislature has passed a bill reinstating parental waivers of liability against theme parks, go-cart tracks and similar businesses. The House voted 114-0 Tuesday to pass the measure (SB 2440) that the Senate previously approved 38-0. It now goes …
April 21, 2010
SUNZ Insurance Co., a St. Petersburg, Florida-based insurer, has added five states to its coverage area for writing workers’ compensation policies. Known primarily for its presence in Florida, SUNZ said it is now also able to write workers’ compensation policies …
April 21, 2010
European airports started to return to life on Tuesday after five days cut off from the rest of the world by a volcanic ash cloud, but some countries were more cautious after reports a new cloud might be on its …