April 23, 2007
Several Alabama teachers testified in support of Gov. Bob Riley’s “Teacher Protection Act” recently when a Senate committee held a public hearing on the bill. The Teacher Protection Act would provide teachers with professional liability insurance. This insurance would provide …
April 23, 2007
Florists’ Mutual Insurance Company (Hortica), an Illinois-based provider of employee benefits and insurance to companies in the horticultural industry, reported that a locked shipping case containing magnetic backup tapes cannot be located. Hortica believes that the backup tapes contained personal …
April 23, 2007
E-mails sent by officials of an engineering firm that assessed Hurricane Katrina claims suggest that State Farm Insurance Co. wanted engineers to blame damage on flooding so that it could make minimum settlements with policyholders. The e-mails, obtained by The …
April 23, 2007
Industry trade group the Insurance Institute of Indiana reported that more than 95 percent of claims from the April 14, 2006, hail storm have been resolved, and complaints have been filed in less than one out of every 200 cases. …
April 23, 2007
TheState Farm Insurance Co. announced the details of how Mississippi policyholders can have their Katrina wind damage claims reevaluated under the agreement it reached last month with Mississippi Insurance Commissioner George Dale. The insurer has agreed to take another look …
April 23, 2007
The previous owner of an Omaha, Neb.-area automotive glass repair company is facing insurance fraud charges after an investigation by the Nebraska Department of Insurance Fraud Prevention Division. Douglas County Attorney Donald W. Kleine filed criminal charges against Thomas J. …
April 23, 2007
The South Carolina Senate has passed workers’ compensation reform legislation but many observers are not impressed and hope the House will do a better job. The bill, S. 332, is now in the House. Backers hope it will help employers …
April 23, 2007
Maryland insurance agents are applauding the General Assembly for relieving them of liability in the delivery of notices about flood and homeowners insurance. The Senate and House of Delegates unanimously passed companion bills (Senate Bill 790/House Bill 1106) that remove …
April 23, 2007
Testifying before the United States Senate Committee on Commerce, Science and Transportation on April 11, Arkansas Insurance Commissioner Julie Benafield Bowman, told lawmakers that insurance regulators have the dual responsibility of ensuring the solvency of insurance companies, and making sure …
April 23, 2007
Worcester (Massachusetts) Superior Court Judge Francis Fecteau has sentenced a Templeton man to two and one-half years for committing perjury in a workers’ compensation claim proceeding at the Department of Industrial Accidents. The judge also ordered the man to read …