January 8, 2007
Even though a homeowner’s insurance policy said floods were not covered, leaving that statement out of the application left the company liable for damages to a house destroyed by Hurricane Rita’s winds and floods, a judge in New Iberia, La., …
January 8, 2007
Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration reported that 23 states and Puerto Rico had a decrease in …
December 25, 2006
Incoming New York Gov. Eliot Spitzer will nominate Eric Dinallo, a former lead investigator in his office of attorney general and currently general counsel of Willis Group Holdings, to be superintendent of insurance. Dinallo worked with Spitzer from 1999 to …
December 25, 2006
The families of the Sago Mine victims aren’t the only ones who want more answers from the state about what went wrong Jan. 2. The United Mine Workers says the state’s theory is “cockamamie” and begs either solid proof or …
December 25, 2006
A handful of arson convictions that relied largely on expert testimony are being re-examined because of changes in the scientific understanding of fire. Some are already in court, while in others, defense teams are putting together a case. Among the …
December 25, 2006
After being the target of state investigations for more than two years, giant Florida insurance agency Brown & Brown Inc. admitted no guilt and faced no charges but opted to pay $5.8 million to bring the probes to a halt. …
December 25, 2006
Pennsylvania should get out of the medical malpractice insurance business and return the medical malpractice market to the private sector as soon as possible, according to a recent report. Insurance Commissioner Diane Koken unveiled the Medical Care Availability and Reduction …
December 25, 2006
Historically, the insurance sector has not been high on the list of preferred investments for private equity markets, but since 2001 interest in insurance and reinsurance has been on the rise, not only with private equity firms, but also with …
December 25, 2006
Lower fuel prices, mild weather spur more trips to holiday favorite spots. Anxious to arrive quickly at your destination this holiday season? Well, what about safely? Driving faster than surrounding traffic, driving while drowsy, not paying attention and aggressive driving …
December 25, 2006
Rental car companies are not liable for accidents that result from their unknowingly leasing a car to a motorist who lies about having a valid driver’s license, the Mississippi Supreme Court has ruled. The court, in a recent 5-4 decision, …