September 6, 2010
Last month, InsuranceJournal.com published a New York Times report that a Major League Baseball investigation into leaked financial documents had become focused on insurance companies that do business with clubs. The Times reported that the companies under investigation sell liability …
September 6, 2010
Gulf Oil Spill Claims BP, which transitioned its individual and business claims program to the Gulf Coast Claims Facility (GCCF) and Kenneth Feinberg on Aug. 23, reported that it has made claim payments of nearly $400 million during the 16 …
September 6, 2010
Louisiana has done a good job upgrading its building codes in the five years since Hurricane Katrina, but Alabama and Mississippi have not, according to the Institute for Business and Home Safety. “While there have been positive steps taken in …
September 6, 2010
The Florida Office of Insurance Regulation has begun surveying Florida property insurers about their experience with sinkhole claims, in an effort to get to the bottom of the simmering controversy over whether there really are more sinkholes in the Sunshine …
September 6, 2010
Industry Came Through Five years after Hurricane Katrina lashed the coast and sunk New Orleans, it is true that the area has largely recovered, but it is not the same Gulf Coast it once was. The same is true for …
September 6, 2010
Sufficient funds are not available to meet the liabilities of Iowa’s Second Injury Fund, so the state is imposing a $4 million assessment on insurers and self-insured employers in Iowa. Notices were mailed from the Iowa Insurance Division Aug. 16. …
September 6, 2010
Miller & Miller, Keystone Keystone Insurers Group’s newest Ohio partner, Miller & Miller Inc., of Dover, has become the group’s 23rd agency in Ohio and one of 212 independent agencies in six states that comprise and own Keystone. Established in …
September 6, 2010
Better Protection Against Insolvency “We’ve long had the ability to intervene when a company is insolvent. … But to protect policyholders, we need to step in much sooner than that. This new law lets insurers know exactly what we’ll be …
September 6, 2010
Technology — especially cell phones and texting technologies — gets a bad rap when it comes to safety while driving. Of course, it’s not the technology that’s unsafe — it’s people and their need to multi-task. While a number of …
September 6, 2010
City of Hope’s Midwest Committee of the National Insurance Industry Council (NIIC) is hosting Aim to Strike Out Cancer, an evening of networking for insurance industry leaders along with fun, non-competitive bowling on Sept. 30. The event will be held …