April 17, 2006
Allstate and Sterling Autobody Centers can communicate benefits of its shops, a federal district judge in Texas has ruled. In a news release, Allstate reported that on March 9, 2006, the judge in Allstate, et al. v. Abbott, et al. …
April 17, 2006
Citing bipartisan support to revamp the insurance industry regulatory system, two U.S. senators unveiled legislation that would allow life and property/casualty insurers to choose federal rather than state regulation under an “optional federal charter” system. U.S. Sens. John Sununu (R-N.H.) …
April 17, 2006
A federal judge in Gulfport, Miss., has refused to throw out a lawsuit that a couple filed against Allstate Insurance Co. after the insurer refused to cover damage to their home from Hurricane Katrina. The lawsuit, filed by Elmer and …
April 17, 2006
A laptop computer belonging to Fidelity Investments and containing sensitive data on about 196,000 retirement-account customers was stolen, the company said. The nation’s largest mutual-fund manager confirmed reports that the computer held information on participants in Palo Alto, Calif.-based Hewlett-Packard …
April 17, 2006
Households headed by young people (18-24 years old), those in urban or suburban areas, and those with incomes of $75,000 or more were the most likely to experience identity theft, according to a new government survey. Victimization did not differ …
April 17, 2006
More than 120 of Florida’s independent agents who attended the March 29 and 30 Florida Independent Insurance Agents Legislative “Fly-In” heard Skip Long, Scott Johnson, Laura Pearce and Kyle Ulrich outline the pros and cons of legislation being considered in …
April 17, 2006
A bipartisan group of five assemblymembers joined with local elected officials and concerned citizens to support AB 2840, which they say will help ensure fair auto rates for all drivers. Supporters said the bill will be amended. Assemblymembers John J. …
April 17, 2006
U.S. tort costs reached a record $260 billion in 2004, or approximately $886 per person, according to the U.S. Tort Costs and Cross-Border Perspectives: 2005 Update from the Tillinghast business of Towers Perrin. This surpassed the previous record set in …
April 17, 2006
Former makers of lead paint went before the Rhode Island Supreme Court in Providence recently to prevent the state from honoring a contract with its private lawyers that is potentially worth tens of millions of dollars. A jury in February …
April 17, 2006
Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business on the Internet to reach additional consumers that don’t like to deal with a middle-man and purchase insurance through agents. According to Paul Hollie, Safeco spokes-man, …