March 12, 2007
S.C.’s Richardson: Expand wind pool ‘a little’ along with tax breaks South Carolina’s new state insurance director rejected calls for the broad expansion of the state’s wind pool program that offers coverage for hurricane-prone areas as called for by some …
March 12, 2007
Where ‘wind umpires’ gather, certification and Florida building codes are hot topics of conversation Conference offers unique Wind Umpire Certification Program for adjusters A recent change to the Florida Building Code states that if a home sustains more than 25 …
March 12, 2007
La. insurance regulators probe Allstate’s policy cancellations Louisiana insurance regulators are investigating whether Allstate Insurance Co. is canceling policies without properly inspecting homes to see if they are occupied or under construction after hurricanes Katrina and Rita. The Louisiana Department …
March 12, 2007
La. insurance regulators order Allstate to reverse cancellations Louisiana Commissioner of Insurance Jim Donelon on Mar. 6 ordered Allstate to scrap its property inspection process that led to the cancellation of more than 4,700 homeowners policies and reinstate coverage on …
March 12, 2007
Nevada lawmakers debate policy on drug tests for injured workers Injured Nevada workers could face required drug tests to prevail in insurance disputes, under an industry-backed proposal debated by state legislators. The Senate Commerce and Labor Committee recently heard testimony …
March 12, 2007
Insurers lose steam in auto rate reg fight A California Superior Court judge has thrown out a lawsuit that challenged rules requiring auto insurers to base their rates primarily on drivers’ records instead of where they live, leaving insurance trade …
March 12, 2007
A.M. Best likes what it sees in property/casualty personal lines segment Rating and industry analysts at A.M. Best are maintaining their stable outlook for the personal lines property/casualty segment in 2007 based on what they see as this sector’s continued …
March 12, 2007
Enacted catastrophe-related laws increased dramatically in the states last year, according to the annual survey of state insurance laws prepared by an insurance group. “Ten states enacted 17 catastrophe-related bills last year as compared to three states in 2005,” said …
March 12, 2007
Mexican trucks to travel deeper into U.S. roadways Safety advocates say move will endanger motorists and could threaten national security The news that Mexican trucks will be allowed to haul freight deeper into the United States drew an angry reaction …
March 12, 2007
New Jersey drivers could see a return to high prices and fewer choices for their insurance if legislators limit the use of occupation and education as rating factors, insurers warned lawmakers at a legislative hearing earlier this month. Senate Bill …