Outreach measures never reached many minority homeowners, study found Associated Press analysis showing white homeowners in New Orleans were three times as likely as minorities to appeal insurance settlements after Hurricane Katrina points to a deep racial imbalance and the …
Time for changes “When your CEOs are making $26 billion a year, we need to make some changes.” Ginny Stevans, president of Homeowners Against Citizens, a group protesting Florida’s skyrocketing insurance costs. She was speaking at a seven hour meeting …
Rates are being cut for New Mexico workers’ compensation insurance premiums. The state Insurance Department has approved overall workers’ compensation rate reductions of 4.2 percent for the voluntary market and 1.3 percent for the assigned risk pool, state officials said. …
Having bought insurance agencies for years when he was chief financial officer with the former Covenant Group, Joe Grochmal knew that finding an agency that would actually grow after the acquisition was next to impossible. “We used to describe them …
Insurance-related contributors to this year’s midterm Congres-sional races are favoring Repub-licans 2-to-1 over Democrats while the overall total given by insurance interests appears down from two years ago. According to the non-partisan Center for Responsive Politics, insurance political action committees …
The fire chief for the town of Apex told a North Carolina state task force that he was prepared to lose an entire city block when a chemical fire ignited an industrial waste recycling plant last month because he didn’t …
Colorado’s largest automobile insurance provider plans to cut rates an average of 7.5 percent this month, saying the state’s switch from a no-fault to a tort insurance system is reducing costs. The expected cut of $42.9 million in premiums will …
Washington Insurance Commissioner Mike Kreidler has sold Washington Casualty Co. of Issaquah, Wash., what he called a financially troubled liability insurer of rural hospitals and medical centers and that he has operated in receivership for more than three years. Thurston …
18.4% The workers’ compensation loss costs increase approved for businesses in South Carolina effective Dec. 1, 2006. An administrative judge reduced the 33 percent increase recommended by the National Council on Compensation Insurance. 43% The top percentage rate reduction available …
Imagine for a moment a state legislator introducing a bill that made it illegal for businesses to pay year-end bonuses to their sales forces. Then imagine that this piece of legislation also made it mandatory that all businesses provide written …
