In separate but related move, N.Y., Conn., Ill. tell four insurers contingent commissions no longer an option Ten states, led by Texas and its Attorney General Greg Abbott, have come to terms with Zurich American, closing their probe into the …
Editor’s note: This is the first installment in a three-part series discussing the anatomy of a claims made policy. Parts II and III will be printed in future issues of Insurance Journal’s West region publication. You’ve heard the phrase: “If …
Small business owners in the Jacksonville, Fla., area are feeling the pinch of skyrocketing property insurance premiums and more than half of them said they will need to pass those costs on to consumers, according to a recent survey. More …
13 The Insurance Institute for Highway Safety announced 13 vehicles that earned its Top Safety Pick awards for 2007. Winners include four cars, seven SUVs, and two minivans. Three of the 13 winning vehicles for 2007 are from Honda, including …
A consumer research group called for warning labels on toys with magnets after more than 4 million Mattel play sets were recalled over injuries to several children who swallowed magnets that fell off. The Consumer Product Safety Commission, which announced …
The best choice for consumers is the tried and true property/casualty guaranty fund system administered by the states From almost the moment Gramm-Leach-Bliley was signed into law in late 1999, discussion turned to the question of state or federal regulation …
4% The increase in medical malpractice premiums collected by insurers in 2005 over 2004 in Tennessee. Insurers collected $341 million. Insurers paid out about 14 percent more in Tennessee cases in 2005 than the year before, including $119 million in …
Jorge Gomez, the Wisconsin state insurance commissioner since 2003, will be leaving the position to return to the private sector, Gov. Jim Doyle recently announced . Doyle said a successor would be named soon. Doyle credited Gomez with helping push …
A national insurance trade group has filed an amicus brief urging the U.S.Supreme Court to overturn the cases of Safeco Insurance v. Burr and Geico General Insurance v. Edo, which said insurers acted in willful disregard of the law by …
As local officials work to boost southwestern Idaho’s economy, the National Flood Insurance Program may expand its flood-plain maps — which could cost residents and business owners millions in additional insurance. A new NFIP survey of flood structures in the …
