By The Associated Press Ranking of the nation’s 10 largest cities in order of crime rate per capita in 2005. The ranking does not take into account the severity of the reported crimes: 1. New York: one crime per 37.38 …
In 2005, our country faced several devastating and record-setting natural disasters that left the lives of many Americans in ruins, and roiled the insurance marketplace and the nation’s overall economy. Estimates for 2005 hurricane losses are approximately $50 billion, greatly …
Boosting Clout “Minnesota’s on a disastrous collision course…obviously, I am a liberal.” Jim Deal, a 72-year-old Minnesota crop insurance company founder from Anoka County, comment as he decided to go big joining the ranks of major political donors. Angered by …
$5.3 million The amount in refunds that the Florida Office of Insurance Regulation has ordered Universal Underwriters Insurance Co. to return to 526 commercial policyholders. According to Florida Insurance Commissioner Kevin McCarty, the premiums charged on hundreds of commercial policies …
Commissioner challenge>/b> “The principal role is to make sure that the market works; that you have insurance products that are reasonably priced that provide the service that they’re purported to do with the policy; and that the company has the …
Two new federal reports have found that the long-term development of the private terrorism insurance market remains at best uncertain due to the unpredictable nature of terrorist attacks. Both reports acknowledged that a totally private market solution to insuring against …
There’s more than one way to bag a buck — or a doe. For motorists, that’s the costly and life threatening reality of driving on America’s roadways. Erie Insurance is one of the few insurance carriers that tracks deer collision …
According to claims information from Erie Insurance, one in every 100 drivers nationally is likely to have a collision with a deer. The Insurance Institute for Highway Safety estimates that deer-vehicle crashes rack up $1.1 billion in property damages, tens …
Washington’s minimum wage will increase 30 cents to $7.93 an hour beginning Jan. 1, 2007. The Department of Labor and Industries (L&I) recalculates the state’s minimum wage each year in September as required by Initiative 688, which was approved by …
Two associations for independent insurance agents have urged a federal court to reject recent settlement provisions between Zurich Insurance and states that affect thousands of agents who were not involved in the original dispute with the states. The National Association …
