The North Carolina House narrowly approved the expansion of a voluntary public financing program for three more statewide elected offices, a move meant to reduce the influence of special interest money. Under the proposal, initially approved 53-52 after House Speaker …
One of — if not the — most influential industry opponents of competitive rating for the Massachusetts private passenger auto insurance system for years has changed course and says it now fully supports the Patrick Administration’s plan to introduce competitive …
Rates for the South Carolina Wind and Hail Underwriting Association went up an overall 35 percent beginning July 19 under an approval from Scott H. Richardson, director of the South Carolina Department of Insurance. In granting the increase, Richardson noted …
Consolidated Edison in New York has agreed to let two insurance companies anticipating millions of dollars in claims monitor the cleanup of last month’s steam pipe explosion in midtown Manhattan, the utility’s spokesman said. The agreement between Con Ed, Travelers …
Survey finds one-third on coast will resist evacuation According to a new survey of people in high-risk hurricane areas, one-third (31 percent) of residents said if government officials said they had to evacuate due to a major hurricane this season, …
The first court challenge to prohibitive fees Virginia is imposing on bad and dangerous drivers was postponed in a Henrico County court late last month. Anthony Price, charged with his fifth violation for driving on a suspended license, was unaware …
North Carolina lawmakers made a mild breakthrough recently on medical malpractice reform, agreeing to limit monetary damages in certain health care negligence cases. The bill would cap damages in negligence cases involving a health care provider at $1 million, but …
Faced with a possible First Amendment lawsuit, selectmen in Jaffrey, N.H., have rescinded their new guidelines requiring people or groups holding events on town property to buy $1 million insurance coverage. The New Hampshire Civil Liberties Union challenged the rule …
As a key House committee voted to add wind coverage to the federal flood insurance program over insurers’ objections, a new study reported that many businesses along the Gulf of Mexico coast have had a difficult time obtaining wind insurance …
There is not evidence of sufficient market capacity at the current time to mandate an increase in primary medical malpractice insurance limits in Pennsylvania, Deputy Insurance Commissioner Randy Rohrbaugh has ruled. He was responding to a proposal in state law …
