Monthly Archives: <span>March 2015</span>

NAIC Report: New Jersey Tops Nation in Auto Insurance Rates

An annual industry report shows New Jersey has the costliest auto insurance rates in the nation. The National Association of Insurance Commissioners says New Jersey motorists paid an average of $1,220 in 2012. That’s about 49 percent more than the …

House Bill Targets Systemic Risk Panel Transparency

A Republican congressman and a Democratic colleague have introduced a bill to shed more light on the workings of the Financial Stability Oversight Council, which watches for emerging threats to market stability. The draft bill by Florida Republican Dennis Ross …

CNA Launches Quote Advantage for Small Business Segment

CNA has launched Quote Advantage to give agents access to a quicker way of quoting CNA Connect, the company’s flagship business owners’ policy. The new quoting experience is available for nearly 200 focus classes of business via one input screen. …

Georgia Tour Guides Move Forward with Free Speech Suit Against Savannah

Months after a federal lawsuit prompted Savannah to revise a local law regulating guided tours, Dan Leger remains determined to press ahead with the case in court. “Until they quit licensing my free speech, I won’t be satisfied,” said Leger, …

Number of Doctors Licensed in Wyoming Could Rise Under New Law

A new law could increase the number of doctors licensed to practice in Wyoming. The Wyoming Tribune Eagle reported Wyoming became the first state to join the Interstate Medical Licensure Compact, which seeks to create a fast-track process for physicians …

7 Arrested in Georgia for Insurance Fraud in Staged Car Crash

Insurance Commissioner Ralph Hudgens says seven central Georgia residents accused of staging a car crash have been charged with insurance fraud. Hudgens said in a statement that the crash on Sept. 5, 2013 involved a 1998 BMW and a rented …

Lawsuit Over Oregon Crab Fisherman’s Death Settled

A lawsuit filed in the death of a man who drowned when a fishing vessel sank nearly three years ago has been settled. The Oregonian newspaper reported the estate of David Terris sued the owner of the commercial fishing boat …

Officers in California Awarded $4M For Post-Shooting Discrimination

A jury has awarded a total of $4 million to two Los Angeles, Calif. police officers who sued the department alleging discrimination and retaliation after the shooting of an unarmed autistic man five years ago. The jury awarded $1.9 million …

Two California Insurers Agree to Change Use of Death Master File

California Insurance Commissioner Dave Jones announced multi-million dollar settlement agreements with Guardian Life and Pacific Life related to their use of the Social Security Administration’s Death Master File database. Both insurers agreed to reform their business practices and use the …

Closing Arguments in Greenberg’s Suit Against Bailout Set for April 22

Maurice “Hank” Greenberg’s Starr International Co. and the U.S. filed a second set of post-trial papers in a lawsuit over the terms of the government’s bailout of American International Group Inc., setting the stage for next month’s closing arguments. Starr’s …