The Maine Legislature last week voted down a bill that sought to place stricter requirements on home insurers’ use of exclusions for losses on vacant homes. The bill LD 1413 (“An Act to Clarify Limitations on Homeowner’s Insurance Policies Regarding …
A storm system carrying high wind, hail and Iowa’s first tornadoes in nearly a year moved through the state Sunday, damaging some homes and knocking out power to thousands. No one was injured. Iowa had gone 358 consecutive days without …
The Missouri General Assembly made big strides this year towards modernizing how policyholders can access information associated with their insurance policy, according to the Property Casualty Insurers Association of America (PCI). The General Assembly passed SB 322 which allows consumers …
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property/casualty insurer that exclusively caters to high net worth individuals and families, will begin offering automobile insurance to its membership in Massachusetts. PURE began insuring fine homes, jewelry and art collections, excess liability …
Some key Indiana legislators don’t expect the state to adopt a federal safety board’s recommendation that the threshold for drunken driving be cut nearly in half. The National Transportation Safety Board said in its proposal last week that drunken-driving deaths …
The board of directors for Utah’s Workers Compensation Fund declared a dividend to be distributed to a majority of policyholders in May. Policyholders can expect to receive 5 percent of their 2012 earned premium. With this distribution, WCF will have …
The Main Street America Group has introduced its commercial product line, featuring its Main Line Business Owners Policy (Main Line BOP), to independent agents who represent the super regional property/casualty insurance carrier’s Austin Mutual Insurance Co. throughout the state of …
XL Group has added to its inland marine business with customizable coverage for mid-to-large size trucking operations in North America. Motor truck cargo coverage solutions includes flexible limits on 23 additional coverages, 22 optional endorsements, multiple reporting options and payment …
California businesses would be prohibited from firing or retaliating against employees who take advantage of the state’s paid family leave program under a job-protection bill moving through the Legislature. The legislation would protect workers who use the California Paid Family …
An estimated EF4 tornado with a wind range of up to 200 mph roared through the Oklahoma City suburb of Moore, Okla., on May 20, leaving behind massive devastation and at least 24 confirmed dead. Earlier media reports indicated as …
