Katrina homeowners’ lawyers cite e-mails as proof against State Farm E-mails sent by officials of an engineering firm that assessed Hurricane Katrina claims suggest that State Farm Insurance Co. wanted engineers to blame damage on flooding so that it could …
Two charged in bicoastal restaurant insurance brokerage scheme A Canadian man has been extradited to the U.S. to face trial on charges that he swindled $7 million from the victims of a fraudulent commercial insurance policy scheme, according to Acting …
Idaho Governor vetoes bills on worker benefits, uninsured motorist coverage Idaho Gov. C.L. “Butch” Otter has vetoed two bills related to insurance, totaling five vetoes for the 2007 Legislature. In vetoing a bill to boost state employee benefits, Otter said …
Mass. auto report offers map to move state to limited price competition Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study group appointed by Massachusetts Gov. …
Insurers advise Congress private markets should handle most disasters But mega-cats need a public-private partnership, first responders and industry agree The best way for the federal government to help property owners recover from a natural disaster is to let private …
Mass. auto report offers map to move state to limited price competition Also, advises against assigned risk pool change at this time and against erasing subsidies or allowing credit scoring A special auto insurance study group appointed by Massachusetts Gov. …
Seventeen U.S. insurance companies became financially impaired in 2006, despite a respite for property/casualty insurers from two consecutive turbulent hurricane seasons and more diversified asset portfolios among life/health insurers. That is according to two new A.M. Best Co. special reports, …
Mass. extends deadline for residents to buy health coverage The board that oversees Massachusetts’ landmark health insurance law voted last month to delay key elements of the plan by a year and a half to give residents and businesses a …
N.J. court: sexual assault preclusion not automatic A New Jersey appeals court recently ruled that while an insurer is freed from providing liability coverage when an insured commits sexual assault on a young child, the insurer could have an obligation …
Sen. Lott wants ‘plain language’ requirement enforced by Feds U.S. Senator Trent Lott, R- Miss., wants to require insurers to disclose property insurance coverage and noncoverage in plain language on the front page of each homeowner’s policy and has introduced …
