A Chicago development group is suing heiress Nicky Hilton for breach of contract over a delayed hotel renovation project just south of the city’s downtown. In a lawsuit filed in federal court, Robert Falor Investments and Grand USA Hotel Supply …
Battered but not beaten, Mississippi focuses on helping people A former high school principal, George Dale is now the longest serving state insurance commissioner in the nation. He has been elected by the people of Mississippi since 1975 and recently …
The Independent Insurance Agents and Brokers of America (the Big “I”) says the debate over windstorm coverage is crucial for consumers and independent agents and brokers in many regions around the country. However, the group stopped short of endorsing a …
Alarmed that homeowners on Maryland’s coasts may one day be cut off from home insurance, state lawmakers are mulling new rules prohibiting insurers from pulling out of areas they deem risky. But insurers met with lawmakers recently to tell them …
The Ohio Department of Insurance recently announced that the average rates for the state’s top 10 auto and homeowners insurers — which represent 72 percent of both markets — decreased 1.2 percent and 0.8 percent, respectively, in 2006. Ohio has …
South Carolina Gov. Mark Sanford named and the Senate confirmed Sen. Scott Richardson of Hilton Head as the director of the Department of Insurance. Richardson, 55, was elected to the South Carolina Senate in 2000, and previously served in the …
Sen. Patrick Leahy, D-Vt., chairman of the Judiciary Committee, joined with Senate Democratic and Republican leaders earlier this month to introduce a bipartisan bill that would strip the insurance industry of its limited antitrust exemption. Leahy introduced the Insurance Industry …
Pennsylvania Governor Edward G. Rendell accepted the resignation of Insurance Commissioner Diane Koken, effective Feb. 19. Rendell appointed Randolph Rohrbaugh, currently a deputy commissioner, to serve as acting insurance commissioner during the formal search for a permanent successor. Koken, Pennsylvania’s …
Giant insurer Allstate Corp., based in Northbrook, Ill., doesn’t have much to fear from a Mississippi class-action lawsuit that seeks to have insurers in the state reopen closed Hurricane Katrina claims, according to the company’s chief executive. Rival State Farm …
The Alabama Department of Insurance has licensed its first captive insurance company under legislation enacted in 2006 and signed into law by Gov. Bob Riley. Chantilly Risk Management, which is located in Montgomery, is the creation of Automotive Aftermarket Association …
