October 29, 2013
One year after Superstorm Sandy struck the state, New Jersey Department of Banking and Insurance (DOBI) Commissioner Ken Kobylowski is cautioning consumers to remain vigilant about insurance fraud. “Each year, insurance fraud costs companies tens of billions of dollars,” said …
October 29, 2013
For several years now now, a lot of people involved with insurance—me included —have been puzzling out the ways that new tobacco products like e-cigarettes and snus might impact life and health insurance markets. To date, the U.S. insurance industry …
October 29, 2013
The Insurance Industry Charitable Foundation and Sesame Workshop, the nonprofit organization behind Sesame Street, will be featured on the Katie Couric Show as part of a Halloween special on Thursday. IICF and Sesame Workshop have paired to promote the goal …
October 29, 2013
One year ago, Superstorm Sandy struck a dozen states in the Northeast and became the third costliest storm in U.S. history, after hurricanes Katrina and Andrew, according to the Insurance Information Institute (I.I.I.). “Every disaster offers lessons learned for future …
October 29, 2013
ProWriters is now providing agents and brokers access to online quoting and binding for small business professional liability insurance with general liability and/or a business owners policy (BOP). Quotes for small business risks can be accessed from an online portal …
October 29, 2013
The Texas Department of Insurance will hold a hearing on Oct. 30 to consider a petition by the Texas Windstorm Insurance Association to raise the maximum limits of liability for windstorm and hail insurance policies covering residential dwellings and individually-owned …
October 29, 2013
Fitch Ratings has affirmed the “A” rating on California Earthquake Authority’s outstanding fixed-rate revenue bonds, which mature on July 1, 2016. Fitch has also affirmed CEA’s Issuer Default Rating (IDR) at “A.” The Rating Outlook is Stable. “The ratings reflect …
October 29, 2013
Troopers have written fewer tickets on some stretches of Ohio highways where the speed limit was bumped to 70 mph earlier this year, according to State Highway Patrol numbers reported by a newspaper. The patrol says it issued about 19,000 …
October 29, 2013
Berkshire Hathaway GUARD Insurance Cos. recently appointed William Rentie as a senior field representative for the Midwest. In 2013, the insurer entered Nebraska, Iowa, Missouri, and Kansas – joining Illinois, Indiana, and Michigan, which were already part of the company’s …
October 29, 2013
The Oklahoma Supreme Court, reversing a previous ruling, says a family injured in a 2006 auto accident cannot sue the Peoria Tribe or its Buffalo Run Casino, where the other driver in the crash had been drinking. The court’s 5-4 …