Three recent deaths in all-terrain vehicle accidents in Arkansas, including a toddler and a teenager, are a reminder that ATV accidents are on the rise, and doctors at Arkansas Children’s Hospital want to see the trend reversed. “Arkansas has had …
America’s legal system imposes an economic cost of more than $865 billion, or more than $9,800 per family, every year, according to a new study released by the Pacific Research Institute (PRI), a free-market think tank based in San Francisco. …
The Workers’ Compensation Insurance Rating Bureau of California Governing Committee submitted a rate filing to the California Department of Insurance recommending a 11.3 percent decrease in advisory pure premium rates. If approved, the rate reduction would take effect July 1, …
The headline numbers were eye-popping: Allstate reported a record $5 billion profit for 2006. State Farm Insurance’s profit climbed 65 percent. St. Paul Travelers’ earnings rose sixfold in the fourth quarter, American International Group’s rose eightfold. A year and a …
A federal judge in Tulsa, Okla., ordered a new trial in a lawsuit against Ford Motor Co., finding improper conduct by a plaintiff’s attorney and vacating a $15 million jury award to a couple whose son was killed in a …
But mega-cats need a public-private partnership, first responders and industry agree The best way for the federal government to help property owners recover from a natural disaster is to let private insurers do what they know, except in the case …
The Insurance Industry Charitable Foundation will host its 14th Annual Gala on May 12, 2007, at the Ritz Carlton in San Francisco, to benefit charitable causes in California. Steve Poizner, California Insurance Commissioner, will be the keynote speaker. Also at …
A Canadian man has been extradited to the U.S. to face trial on charges that he swindled $7 million from the victims of a fraudulent commercial insurance policy scheme, according to Acting New York Insurance Superintendent Eric R. Dinallo. Ian …
It’s been a year and a half since Louisiana’s insurer of last resort last balanced its checkbook, and its computer backup system loses details of records more than two weeks old, the agency’s board recently learned. The Louisiana Citizens Property …
The homeowners insurance line was three times more volatile than private passenger auto during the 14-year period 1992-2005, due in large part to the active 2004 and 2005 Atlantic hurricane seasons, according to a recent study by Aon Re Global. …
