Uninsured motorists involved in a traffic accident would be unable to receive compensation for pain and suffering damages under a bill approved in the Oklahoma Senate. The Senate voted 28-20 for SB 272 over the objection of Democrats who say …
Mississippi regulators have moved to limit homeowners’ insurance premium hikes that result from changes in an insurer’s fire grading system. Mississippi Insurance Commissioner Mike Chaney has instructed insurers that during any 12 month period they may only raise an insured’s …
Sony Corp has been hacked again. So-Net, the Internet service provider unit of Japan’s Sony, alerted customers that an intruder broke into its system and stole virtual points from account holders worth $1,225. This latest setback comes after personal information …
Leading Washington lawmakers are struggling to find a compromise that would alter the state’s workers’ compensation system and help seal a budget agreement. Negotiators emerged from a 45-minute, closed-door meeting May 18, 2011, afternoon with little progress to report. It …
Jacksonville-based Fidelity National Property and Casualty Insurance Co., which covers some 12,000 homeowners in the state, is seeking a statewide average 27 percent rate increase. At a public rate hearing, Fidelity National Vice President John Giorgianni said the insurer needed …
West Virginia is prepared to solicit bids from workers’ compensation insurers to provide coverage for its state employees. The West Virginia insurance department is scheduled to post the request for proposals on its website on Monday, May 23. The winning …
The North Carolina House postponed its planned vote this week on whether to make the state just the second in the country to protect pharmaceutical companies from almost all lawsuits. The legislation would grant companies immunity from lawsuits if the …
When International Coal Group Inc. announced plans this month to sell itself, investor lawsuits challenging the deal were quickly filed in state courts in Delaware and West Virginia as well as in federal court. If corporate America has its way, …
A weak tornado spawned by strong thunderstorms descended on a northeast Philadelphia block Wednesday, tearing part of the roof off a beer distributor and a bar and restaurant and demolishing a car repair shop. The fire department was called at …
One major factor in whether the Atlantic Ocean will experience an active 2011 hurricane season is fluctuating thousands of miles away in the Pacific. The La Nina weather phenomenon, which is linked to above average hurricane seasons in the Atlantic, …
