State lawmakers ready to exceed or outpace last year’s total Enacted catastrophe-related laws increased dramatically in the states last year, according to the annual survey of state insurance laws prepared by an insurance group. “Ten states enacted 17 catastrophe-related bills …
Injured Nevada workers could face required drug tests to prevail in insurance disputes, under an industry-backed proposal debated by state legislators. The Senate Commerce and Labor Committee recently heard testimony on SB54, which would change workers’ compensation rules so that …
The Chicago Mercantile Exchange, the largest derivatives exchange in the United States, recently announced that it is launching contracts that will allow insurers and others to hedge risk against hurricane damage. The exchange, a unit of CME Holdings Inc., is …
Safety advocates say move will endanger motorists and could threaten national security The news that Mexican trucks will be allowed to haul freight deeper into the United States drew an angry reaction from labor leaders, safety advocates and members of …
Agents with the Federal Bureau of Investigation’s Art Crime Team (ACT) have located an original Norman Rockwell painting, “Russian Schoolroom,” stolen during a burglary in Clayton, Mo., in 1973. It was found in the home of movie mogul Steven Spielberg, …
Former NBA Chicago Bulls star Scottie Pippen must pay a bank more than $5 million in a breach of contract lawsuit involving a loan for a business jet, an appeals court ruled. The recent ruling by the Missouri Court of …
Rating and industry analysts at A.M. Best are maintaining their stable outlook for the personal lines property/casualty segment in 2007 based on what they see as this sector’s continued favorable risk-adjusted capitalization and ongoing operating profitability. They estimate that the …
A California Superior Court judge has thrown out a lawsuit that challenged rules requiring auto insurers to base their rates primarily on drivers’ records instead of where they live, leaving insurance trade groups splintered. On Feb. 15, the judge granted …
In almost every aspect of any business, the best day to do everything is the first day, especially when it comes to a new producer’s first day on the job. In order to make the most of the agency’s investment, …
C.V. Starr’s Greenberg on China’s economic revolution and making the world safer through globalization I am not going to talk about regulation, not yet. I will soon but it will not be today — real soon. I cannot wait.” Thus …
