Two of the Alabama’s largest insurance firms said they’re reducing coverage and increasing deductibles in Mobile and Baldwin counties, citing frequent hurricanes, coastal construction growth, lack of strong building codes and the cost of reinsurance. The insurers, State Farm Fire …
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 …
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 …
The New Mexico Public Regulation Commission has given unanimous consent to the appointment of Morris Chavez as the superintendent of insurance. He replaces former Superintendent Eric Serna, who retired in May amidst allegations of improper activity. Chavez, who is currently …
If he is elected governor, Democratic gubernatorial candidate Jim Davis says Florida homeowners would see lower property insurance rates as soon as next year and a guarantee of at least partial coverage by the state. Davis proposed creating a $20 …
1,696 Insurance companies are the litigation champions, confronting an average of 1,696 lawsuits, spanning from product liability and environmental class actions to directors and officers claims, and even coverage fights over hurricanes and terrorist attacks, according to a new survey …
While other states from Minnesota to New Hampshire compete to attract the insurance sector by lowering premium taxes and extending incentives, Connecticut thinks it has the best offer: an unmatched talent pool of insurance managers, underwriters and actuaries. Connecticut government, …
The Alliance of Insurance Agents and Brokers, La Verne, Calif., is drafting a letter to the California Office of Administrative Law in support of the recent petition by IBA West over the California Insurance Commissioner’s attempt to set as precedent …
The state of Mississippi is trying to speed up the processing of housing grants to get checks faster to homeowners in Hurricane Katrina damaged areas, according to aides to Gov. Haley Barbour. “(Barbour’s) not happy about the slow pace of …
Arkansas Gov. Mike Huckabee said Oklahoma Attorney General Drew Ed-mondson is playing politics by demonizing the poultry industry and setting unrealistic goals for reduced pollution levels in Oklahoma’s rivers. “Unfortunately, your attorney general is not interested in resolving the situation. …
