News Currents

News Currents

Report: N.D. has the best roads, Kansas ranks 3rd Nearly 52 percent of U.S. urban interstates are now congested and traffic fatality rates rose slightly, but road surface conditions and bridge conditions improved, according to the Reason Foundation’s latest annual …

News Currents

Federal court throws out rules on extended hours for truckers A federal court dealt a blow to U.S. trucking companies in July by striking down rules on working hours that were strongly criticized by safety advocates. The decision is the …

News Currents

Minn. groups sue AIG for $100 million in damages for fraud, violations The Minnesota Workers’ Compensation Reinsurance Association (WCRA) and the Minnesota Workers’ Compen-sation Insurers Association (MWCIA) filed suit on July 17, 2007, against American International Group Inc. (AIG) to …

News Currents

Calif. State Bar considers mandatory malpractice insurance disclosure The California State Bar is considering whether lawyers in the Golden State should be required to disclose whether they have malpractice insurance. State Bar President John Van de Kamp has appointed a …

News Currents

Oregon seeking comments on insurer assessments Oregon’s Department of Consumer and Business Services is seeking public comments on its proposed amendment of administrative rules relating to assessments against insurers to fund regulatory functions under the insurance code. The rulemaking implements …

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Court rules liability waiver invalid when there is gross negligence The California Supreme Court has ruled that a signed liability waiver is useless in protecting a government entity from gross negligence and only good in protecting against ordinary negligence, which …

News Currents

N.H. town scraps public event insurance requirement Faced with a possible First Amendment lawsuit, selectmen in Jaffrey, N.H., have rescinded their new guidelines requiring people or groups holding events on town property to buy $1 million insurance coverage. The New …

News Currents

Agents say ‘no’ or nothing to adding wind coverage in flood program Some independent insurance agents are taking a “neutral” position when it comes to adding in wind coverage in National Flood Insurance Program (NFIP). Still others say “no” to …

News Currents

Sept. 11 workers sue WTC insurance fund for sick pay Ailing ground zero workers have gone to court to demand that the company overseeing a $1 billion Sept. 11 insurance fund uses it to pay for their health care. Attorneys …

The Hartford settlement with attorneys general ends agents’ contingent

The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation arrangements between the insurer and its property/casualty agents and brokers. …

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