Industry Says Affordability Definition Will Lead to Confusion on Price If the average auto insurance liability premium paid by consumers in minority and low-income neighborhoods is more than 2 percent of the median income in those neighborhoods, the auto insurance …
We have all seen the stories in the news. After many years of a declining trend in the number of accidents, the number of accidents has spiked in the last two years. Insurers have an opportunity to educate the public …
Almost everyone is talking about it like it’s a new trend in the insurance business: “we have to hire new producers.” The problem started back in 2007 when the near depression hit the United States. The bottom fell out of …
State and federal officials are investigating what caused a huge construction crane to collapse across the Tappan Zee Bridge north of New York City, an accident that somehow caused no serious injuries but added to a list of crane wrecks …
The Michigan Department of Insurance and Financial Services (DIFS) has told a man who the department says has been selling fake auto insurance in a parking lot after hours to stop. The DIFS issued a Cease and Desist Order against …
Homeowners Choice Property & Casualty Insurance Company, Inc., a Florida-based provider of homeowners insurance, has completed its reinsurance program for the 2016-17 reinsurance year, which runs from June 1, 2016 through May 31, 2017, according to recently disclosed reports filed …
Texas Mutual Insurance Co. has awarded a dividend of $176,118 to the Texas Cattle Feeders Association workers’ compensation safety group. The dividend was earned based on the group members’ dedication to making safety a priority in their businesses and therefore …
Federal safety officials have cited Air Liquide Large Industries US LP for workplace health and safety violations at the company’s plant in Corpus Christi, Texas. The U.S. Department of Labor’s Occupational Safety and Health Administration assessed penalties totaling $77,000. The …
The Alabama Center for Insurance Information & Research (ACIIR) in partnership with Smart Home America and the Coastal Alabama Partnership has released its new Alabama Coastal Insurance Shopper’s Guide to help homeowners on the Gulf Coast prepare for weather-related disasters. …
Patients who filed medical malpractice claims against Detroit-area oncologist Farid Fata and three Michigan hospitals will receive settlements totaling $8 million. The settlements were approved July 20 in Oakland County Circuit Court. They will be distributed by an arbitrator later …
