August 6, 2007
Won’t go away from the water Survey finds one-third on coast will resist evacuation According to a new survey of people in high-risk hurricane areas, one-third (31 percent) of residents said if government officials said they had to evacuate due …
August 6, 2007
Study: Wind coverage hard to find for Gulf Coast businesses As a key House committee voted to add wind coverage to the federal flood insurance program over insurers’ objections, a new study reported that many businesses along the Gulf of …
August 6, 2007
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 …
August 6, 2007
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 …
August 6, 2007
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 …
August 6, 2007
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 …
August 6, 2007
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 …
August 6, 2007
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 …
July 23, 2007
Indiana insurer for mutual insurers, agents celebrates 20 years The blueprint for the company was originally conceived by an ad hoc task force of senior executive officers from several mutual property/casualty insurance companies in response to the liability insurance crisis …
July 23, 2007
N.C. braces for flood insurance rate surge under new building code Thousands of coastal North Carolina residents could see insurance rates surge this fall as state regulators weigh higher insurance costs against the rising cost of protecting homes. The North …