July 2, 2007
Former Arkansas insurance agent Beverly Gowan was sentenced in White County Circuit Court to 18 months detention with the Department of Community Correction for two counts of insurance fraud and one count of Theft of Property which is a class …
July 2, 2007
The family of a Puyallup, Wash., firefighter has filed a lawsuit claiming the city of Puyallup and its insurer illegally denied health benefits after the worker contracted a disease on the job that eventually led to his death. David Potter, …
July 2, 2007
A federal judge in mid-June sided with the state of Okla-homa on several legal challenges brought by the poultry industry in an attempt to dismiss a lawsuit filed by Oklahoma Attorney General Drew Edmondson. After two days of hearings in …
July 2, 2007
The Arizona Supreme Court announced it will be reviewing a product liability case in which a lower court decided that all parties in a distribution chain could not be sued equally. At issue in State Farm Insurance v. Premier Manufactured …
July 2, 2007
For the second straight year, an insurance study has found that Sioux Falls, S.D. has the safest drivers in the nation. Researchers with Allstate Insurance Co. analyzed two years of internal crash data to calculate the chance that drivers in …
July 2, 2007
A wildfire in Lake Tahoe, Calif., that has destroyed at least 220 homes and forced about 1,000 people to flee their neighborhoods is anticipated to incur more than $25 million in insured losses, according to estimates by risk modeling company …
July 2, 2007
A 22-year-old intern was given the responsibility of safeguarding the personal information of thousands of state employees in Ohio, a security procedure that ended up backfiring. The names and Social Security numbers of all 64,000 Ohio state employees were stolen …
July 2, 2007
State Farm Mutual Automobile Insurance Co. announced it is lowering its overall automobile insurance rate level in Colorado an average of 7.2 percent beginning July 16. The rate reduction represents an annual savings of $38.8 million to the company’s Colorado …
July 2, 2007
Key legislation stalls as newcomer Gov. Spitzer, veteran Senate Leader Bruno clash Despite the state having a new governor, The New York Legislature continues with its old ways favoring political paralysis over action. The Assembly, which is controlled by Democrats …
June 18, 2007
Global broker Willis, in its latest “Property Alert,” indicated that the “the global capacity, pricing regimens, terms and conditions for both cat risks and non-cat risks in the global property insurance market are changing more rapidly than many would have …