New York officials announced on April 18 that a New York State Department of Financial Services (DFS) investigation produced a settlement with a major “force-placed” insurer QBE. The settlement with QBE, the nation’s second-largest force-placed insurer, follows a similar deal …
Insurance claims from the deadly April 17 Central Texas fertilizer facility explosion are expected to reach the $100 million mark excluding any insurance payments that may be triggered by lawsuits that have been filed as a result of the blast. …
Reform of the workers’ compensation system has been a priority for the Independent Insurance Agents of Oklahoma during the state’s 2013 legislative session and the group is pleased that a measure it has been actively involved with has moved quickly …
The media focus on gun-centric events and the public discussion of liability issues has piqued interest in personal liability insurance for firearms owners, insurance professionals say. While coverage is available through gun owner associations and through specialty insurers, the liability …
Questpro Consultants and Q TEMPS have named new partners for the Dallas-based insurance recruiting and staffing firms. At Questpro, Johnny Park and Jason Simmons have been named the second and third partners of the 16-year-old firm. Q TEMPS, the sister …
A Florida judge has upheld his temporary injunction partially blocking portions of the state’s automobile no-fault insurance personal injury protection (PIP) law on the basis it infringes on drivers’ access to the courts. Regulators are appealing to a higher court. …
Workers’ compensation specialist Patriot National Insurance Group promoted Paul Halter to executive vice president of underwriting and marketing. As executive vice president, Halter will oversee all underwriting and marketing for Patriot National operations across its six regions. He is currently …
Florida has filed a lawsuit against British oil company BP and cement contractor Halliburton over the Deepwater Horizon oil spill, becoming the fourth state to seek damages for the 2010 disaster. The suit faults BP for not changing the batteries …
Frustrated by drivers who ignore Connecticut’s ban on talking and texting on hand-held cellphones, some state legislators want insurance companies to know when their customers break the law. Lawmakers hope the prospect of higher insurance rates will finally encourage people …
Montana State Fund’s board of directors announced a six percent rate decrease for 2014. The decrease is effective July 1 this year. Since 2007 State Fund has lowered average rates to Montana businesses by 34.5 percent, according to the organization. …
