The company blamed for a chemical spill that left 300,000 West Virginians without safe drinking water filed for bankruptcy, temporarily shielding it from dozens of lawsuits, many by businesses that were forced to shut down for days. Freedom Industries Inc. …
Homeowner insurance rates are finally coming down in Florida nearly a decade after the last hurricane hit, the state’s insurance commissioner says. But the report by Insurance Commissioner Kevin McCarty also showed that some of the state’s larger insurers have …
The Senate (72-26) recently joined the House of Representatives (359-67) in passing a $1.1 trillion compromise omnibus spending bill that contains a delay for an estimated one quarter of those facing flood insurance premium increases triggered by the Biggert-Waters Flood …
Despite urging by the state’s insurance commissioner that they withdraw their bid, North Carolina homeowners insurers are unlikely to withdraw their request for a 25.3 percent average rate hike. The data supports the requested increase, according to Ray Evans, general …
Starr Companies said it has appointed Eleanor Kitzman as vice president of Starr Insurance Holdings Inc. Kitzman will have regulatory, management and operational responsibilities across the company’s domestic and international businesses, according to the announcement. Kitzman has 25 years of …
Missouri insurance regulators have settled with Nationwide Agribusiness Insurance Co. and Farmland Mutual Insurance Co. following a market conduct examination into the companies’ handling of workers’ compensation insurance. Under the settlement agreement, Missouri will receive $142,250 and policyholders will receive …
The oil drilling technique known as hydraulic fracturing, or fracking, has been blamed – rightly or wrongly – for various hazards ranging from earthquakes to water pollution. While the technique has generated a lot of media attention, so far there …
A bill filed in Illinois aims to clarify who is responsible for injuries sustained in a traffic accident on the way to work. Sen. Kyle McCarter, a Lebanon Republican, introduced Senate Bill 2622, which exempts an employer from paying for …
Safety National Casualty Corp., based in St. Louis, Mo., announced management changes and a realignment of responsibilities that are scheduled to take effect on March 1, 2014. Chief Executive Officer Mark Wilhelm will remain in his current position, maintaining overall …
Missouri insurance regulators have forged a settlement agreement with EMCASCO Insurance Co. and Employers Mutual Casualty Co. after market conduct examinations into their handling of workers’ compensation insurance. Department of Insurance Director John M. Huff announced that as part of …
