The Oregon Senate Judiciary Committee is considering increasing the maximum liability limits that may be awarded for damage claims against government agencies. Meanwhile, the state Supreme Court is evaluating arguments on whether the Oregon Legislature can constitutionally limit the amount …
New York City’s hordes of unregulated bicycle taxis will have to meet licensing, insurance and safety standards, and only 325 will be allowed to operate at one time, thanks to a City Council’s recent override of a mayoral veto. The …
Nationwide Mutual Insurance Co. will readjust claims for about 500 Mississippi policyholders whose homes were reduced to foundations by Hurricane Katrina, state Insurance Commissioner George Dale said. The so-called “slab cases” on the Gulf Coast have been the most contentious …
Spiraling-malpractice insurance costs appeared to have little effect on the number of doctors in high-risk specialties practicing in Pennsylvania over a 10-year period, according to a new study. Opponents of efforts to limit pain-and-suffering awards in malpractice lawsuits said the …
Mississippi insurance regulators have approved a statewide rate increase of 29 percent for Allstate homeowner policyholders, the Northbrook, Ill.-based insurer reported. The company, in a written statement, attributed the hike to the “increased costs of doing business in Mississippi due …
The tragedy could even lead to some new coverage opportunities for the insurance industry if lawyers are successful While the manufacturer of the contaminated multi-brand pet foods that have caused an unknown number of pet deaths and illnesses wants to …
When streams and rivers throughout West Virginia surged over their banks last week, causing millions of dollars of damage, Garrett Fork in Logan County was virtually alone in not flooding. That’s no anomaly: county officials say Garrett Fork is the …
The Connecticut House of Representatives has confirmed the nomination of a former claims executive with The Hartford, Thomas R. Sullivan, to be the state’s insurance commissioner. The confirmation, a voice vote on a resolution offered by Rep. Claire L. Janowski, …
Citizens Property Insurance Corp. is expanding its insurance coverage for small businesses beyond coastal areas to properties across Florida. “Our goal is to make coverage available as quickly as possible to the Florida small business community which is in dire …
The GAO’s report, commissioned by the Senate Committee for Homeland Security and Governmental Affairs, chaired by Sens. Joe Lieberman, an Independent (ex-Democrat) from Connecticut, and Susan Collins (R-Maine), has garnered generally favorable reviews. Collins, the committee’s ranking Republican, indicated that …
