May 2, 2014
National Weather Service officials said that a weekend tornado that killed 15 people as it ripped through Little Rock’s suburbs was just shy of being rated Arkansas’ first top-of-the-scale storm in 85 years. A survey team said that, based on …
May 2, 2014
Louisiana doesn’t require regular safety inspections of elevators, and while some municipalities have set their own regulations, most parishes are without those rules. A bid to put Louisiana in line with other states that require annual checkups to make sure …
May 2, 2014
An Illinois-based premium financing provider has agreed to pay $200,000 to resolve allegations that it illegally and prematurely cancelled certain financed auto insurance policies affecting nearly 200 Massachusetts customers. The agreement was announced Thursday by Massachusetts Attorney General Martha Coakley’s …
May 2, 2014
Property and casualty insurance provider Zurich North America, based in Schaumburg, Ill., appointed Peter Hahn as head of predictive analytics. Hahn comes to Zurich from McKinsey & Company Inc., where he led the underwriting service line for McKinsey’s North America …
May 2, 2014
Missouri lawmakers have given final approval to legislation that supporters say is aimed at protecting commercial property. A 2011 Missouri law bars residential contractors who fix roofs or complete other exterior repairs on homes from offering to pay insurance deductibles …
May 2, 2014
The estimate of insured losses from an April 3 hail and wind storm in Denton, Texas, and nearby cities has risen. The Insurance Council of Texas now estimates that the amount of insured losses will be $500 million rather than …
May 2, 2014
The Etiwanda Fire in Southern California fueled by strong winds and high gusts that forced more than 1,000 evacuations is now 53 percent contained, according to fire officials. The fire in San Bernardino County around Rancho Cucamonga, which started on …
May 2, 2014
Massachusetts Insurance Commissioner Joseph Murphy announced Thursday an agreement with auto insurance giant GEICO to resolve inconsistencies in its reporting of auto accident information to Massachusetts state agencies and policyholders. Under the terms of the agreement, GEICO will modify certain …
May 2, 2014
The number of accounting case settlements in 2013 increased for the second year in a row, but remained low compared with the previous ten years, according to Cornerstone Research’s latest report According to the report, “Accounting Class Action Filings and …
May 2, 2014
Customers of Overstock.com can now furnish their home or office and insure them through the same source. The online retailer this week began selling small business, auto and home insurance along with furniture, rugs, beauty products and electronics. The mega-“etailer” …