Companies step up to take Texas Select policyholders Some 150,000 Texas homeowners will be affected by the liquidation of Vesta Fire Insurance Co. and its Texas subsidiaries by the Texas Department of Insurance, but the situation seems to be not …
U.S. Corps finds some Sacramento levees not up The U.S. Army Corps of Engineers has withdrawn its endorsement of levees protecting parts of Sacramento, reversing a 1998 evaluation that has facilitated a construction boom in the Natomas area. In a …
Lawyer says New Mexico insurance official probably was fired A lawyer for Deputy Insurance Superintendent Joe Ruiz said late last month he believes his client has been fired, hours after a Public Regulation Commission official issued a vague statement saying …
Former claims director indicted in Oklahoma Oklahoma Attorney General Drew Edmondson reported that the former claims director for CompSource Oklahoma is accused of one count of workers’ compensation fraud in a Multicounty Grand Jury indictment unsealed in July in Oklahoma …
News Currents While states adopt seat belts laws, 29 still balk at motorcycle helmets In Illinois and Iowa, motorists can get tickets for not wearing seat belts. In Connecticut, they are prohibited from talking on cell phones. And in New …
Ill. Attorney General sues Liberty Mutual for alleged bid-rigging Illinois Attorney General Lisa Madigan filed a lawsuit against Liberty Mutual Insurance Company and seven affiliates, alleging that the company and its affiliates participated in a bid-rigging and business-steering scheme. The …
Former FEMA director promotes state, federal disaster mediation Federal and state governments need to work with insurance companies to sponsor disaster mediation programs before something happens, before people who have worked all their lives for everything they have, then all …
The virtual, global economy humbles insurance leaders Insurance professionals have a lot to worry about as the fast-paced virtual economy takes hold. According to futurist Edie Weiner, they are right to be worried. She says there are a lot of …
Wind stays in ‘wind vs. water case,’ judge says A Mississippi judge refused to throw out an engineer’s testimony that Hurricane Katrina’s winds caused much of the damage to the home of a Mississippi couple suing Nationwide Mutual Insurance Co. …
Witt pointed out that as he looks across Florida, the Gulf coast states and America, he has recently seen more devastating events than have ever been witnessed in the history of the nation. He said that in today’s world and …
