A myth is sneaking into the industry that insurer insolvency is not as important today. Belief in this myth is important to many entities. To put it more simply, a number of companies, agencies, and other firms benefit if less …
North Dakota Insurance Commissioner Adam Hamm announced that almost $6.3 million was recovered or saved for North Dakota citizens in 2013 through intervention by the state insurance department. This number represents money recovered on behalf of North Dakotans through the …
A federal judge has issued a permanent injunction prohibiting a St. Louis County town from ticketing drivers for flashing their headlights to warn other drivers that police are nearby. U.S. District Judge Henry Autrey issued the injunction. The American Civil …
A proposed New York State bill to establish standards for hurricane windstorm deductible triggers is advancing in the state Assembly. The bill, A.2729, was reported out of the Assembly’s insurance committee Tuesday. The bill is sponsored by state Assemblyman Harvey …
The transition of Oklahoma’s workers’ compensation system from a court-based system to an administrative one became effective Feb. 1, 2014, a change that proponents believe will lower costs and help make the state more competitive in attracting businesses. In May …
ProSight Specialty Insurance and Tangram Insurance Services Inc. have added a package insurance product offering for the companies’ joint Community First Insurance Program serving social service organizations. The new package lines Community First coverage, which is also paired with a …
Gov. Mark Dayton lashed out at critics of Minnesota’s health insurance exchange, accusing them of waging a propaganda campaign to destroy it. The Democratic governor spoke to reporters a day after GOP members of the Legislature’s MNsure oversight committee said …
A Metro-North employee paralyzed in the deadly train derailment in the Bronx has filed a $100 million lawsuit against the railroad. Samuel Rivera’s lawyer told the Daily News that his client has extraordinary medical needs as a result of his …
Waco, Texas-based National Lloyds Corp., an insurance holding company and wholly owned subsidiary of Hilltop Holdings Inc., hired industry veteran Robert Otis as chief executive officer effective April 1, 2014. Otis joins National Lloyds Corp. from Allstate Insurance where he …
A captain’s error, compounded by confusing controls and lax safety regulations, led to the January 2013 ferry crash that injured 80 people in Lower Manhattan, federal investigators said Tuesday. National Transportation Safety Board investigators said the ferry’s captain, Jason Reimer, …
