Two senators want to know why a $1 billion Sept. 11 insurance fund appropriated by Congress to help ailing ground zero workers has not been used to compensate those exposed to harmful substances. Senate Judiciary Chairman Patrick Leahy, D-Vt., and …
Florida’s public school teachers are returning to their classrooms this month with one less protection from the state. Since 2001, Florida has provided all public school educators with professional liability insurance. The legislature decided to discontinue the insurance program because …
The subprime mortgage lending blame game is in full swing — with people arguing about who’s at fault for mortgage defaults, bond losses and lender failures — but “we’re only in the very top of the first inning,” when it …
The recent release in late July of a long-awaited Federal Trade Commission (FTC) study on the use of credit scoring for underwriting and rating purposes did nothing to put to rest the controversy over its use by insurance companies. The …
A preliminary report from the federal government has found no evidence to support allegations that private insurers improperly shifted wind damage claims from Hurricane Katrina onto the federal government’s flood insurance program. At the same time, the Department of Homeland …
With $7.3 billion in premium, Liberty Mutual Agency Markets now largest regional independent agency. Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and casualty insurance distributed through independent agents in the country. The insurer …
Texas led the nation with 1,354 drunken driving fatalities in 2006 and was among the states to record the largest increase in such deaths, federal transportation officials said. The National Highway Traffic Safety Administration released in late August data showing …
North Carolina will receive a $4 million grant from the Federal Emergency Management Agency for a flood plain mapping project, according to Sen. Elizabeth Dole. “This funding will help protect North Carolinians and their property by enabling them to evaluate …
Massachusetts lawmakers and agents are anxious about the Patrick Administration’s decision to try competitive rating in auto insurance in 2008 but have stopped short of asking Insurance Commissioner Nonnie Burnes to scrap her plan to move to a more competitive …
The Department of Labor’s BLS National Census of Fatal Occupational Injuries for 2006 reported that 5,703 people died from on-the-job injuries in 2006 compared with 5,734 in 2005. The rate of fatal work injuries in 2006 was 3.9 per 100,000 …
