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 …
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, …
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 …
Insurance agents who sell personal lines in California might be getting more calls than usual from consumers seeking auto insurance, now that the state is cracking down on uninsured motorists. Following legislation SB1500, the Department of Motor Vehicles has begun …
$261 Billion The total amount of U.S. tort costs in 2005, according to the 2006 Update on U.S. Tort Cost Trends from the Tillinghast business of Towers Perrin. The amount adds up to about $880 per person, $4 less per …
The National Council on Compensation Insurance has submitted a filing for an average increase of 3.4 percent for workers’ compensation voluntary insurance loss costs in Nevada, according to state Insurance Commissioner Alice A. Molasky-Arman. The NCCI has also filed for …
A panel of state insurance regulators on Dec. 15 rejected a proposed rule change that Allstate Insurance Co. cites as critical to deciding the company’s long-term future in Louisiana after Hurricane Katrina. The Louisiana Insurance Rating Commission voted 4-to-1 against …
All I want for Christmas is … “On our Christmas wish list is to have somebody come back into the residential artisan contractor market. Pricing has gone way up for small guys in the artisan contractor/residential market.” — Barbara Parker-Hatch, …
No long-term negatives “Fortunately lawmakers did not pass legislation that will have negative long-term consequences for consumers and the insurance market.” — Greg LaCost, assistant vice president and regional manager for Property Casualty Insurers Association of America (PCI), commenting on …
The Hawaii Department of Commerce and Consumer Affairs Insurance Division has granted a captive license to MHC Insurance Co. Ltd., which participates in insuring the worldwide risks of its Japanese-related owners and affiliates. Hawaii Insurance Commissioner J.P. Schmidt noted that …
