July 3, 2012
New York will be offering its annual training session this month for property/casualty insurance adjusters who want to seek or maintain certification so they can conduct adjuster services for claims filed under National Flood Insurance Program (NFIP) policies. The training …
July 3, 2012
Smokers and pro football players have something in common: They engage in risky behavior that can be potentially harmful to their health over time. And to hear some lawyers tell it, the National Football League is the equivalent of Big …
July 3, 2012
Lawyers for Stockton, California will appear for the first time in a Sacramento court this week to make their case for protecting the city from its creditors in bankruptcy. Stockton, a city of nearly 300,000 in California’s Central Valley, filed …
July 3, 2012
Chief Justice John Roberts could have taken down the entire, massive healthcare law that his fellow Republicans deride as “Obamacare.” He could have prevented the Supreme Court decision that largely disabled the most disputed aspects of Arizona’s crackdown on illegal …
July 3, 2012
A South Carolina woman whose drunken driving seriously injured two people has been sentenced to eight years in prison, substance abuse counseling, and to read the Bible. The Herald of Rock Hill reported that Cassandra Tolley’s attorney said she was …
July 3, 2012
Florida regulators are looking to fast track the approval of changes in insurance company property policy forms and coverages after building up a significant backlog due to the numerous law changes enacted in the past two years. As a result …
July 3, 2012
Figures released by the Guernsey Financial Services Commission (GFSC) show that there were 739 international insurance entities licensed by the Island at the end of May 2012, compared to 687 at the end of December 2011. “There have been 63 …
July 3, 2012
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Lancashire Insurance Company Limited and UK-based Lancashire Insurance Company (UK) Limited, collectively known as Lancashire. Best also affirmed the …
July 3, 2012
BancorpSouth Insurance Services Inc., headquartered in Tupelo, Mississippi, has agreed to acquire the assets of The Securance Group, Inc., an independent property/casualty and life/health insurance agency headquartered in Brewton, Alabama. The transaction is expected to close on July 2. Financial …
July 3, 2012
“Rate increases in the North American and International reinsurance markets are due to modest losses and poor results – not a hardening market,” according to a newly release report from Willis Re, the reinsurance arm of Willis Group Holdings. The …