The Hartford teams with Blue Cross of California affiliate The Hartford Financial Services Group Inc., a workers’ compensation insurance provider, will team up with BC Life & Health Insurance Co., an affiliate of Blue Cross of California to allow The …
Top meteorologist predicts 17 named storms will form in Atlantic Basin A well-known meteorologist is predicting that 17 named storms will form in the Atlantic Basin during the 2006 hurricane season, and the 2006 Atlantic hurricane season will be much …
Public regulation commission suspends New Mexico’s superintendent State Insurance Superintendent Eric Serna has been suspended by the Public Regulation Commission on the recommendation of the attorney general, who is investigating the office. Attorney General Patricia Madrid said an “inadequate controls …
Utah city expects $2.5 million fire insurance settlement Ogden, Utah, officials are expecting a $2.5 million insurance settlement for a fire that destroyed a building the city had offered for sale at a fraction of that amount. The cause of …
GEICO settles lawsuit over discount policy Californians who purchased auto policies from GEICO and were denied a discount for not having proof of prior insurance will receive refunds as part of a settlement between the company and a consumer advocate …
California hidden tax legislation doesn’t go before committee The Association of California Insurance Companies warned insurers that the state’s Legislature would consider a bill to establish a hidden, multi-million dollar tax on Californians to publicly fund campaigns of unknown candidates. …
Insurers well-braced for next big California earthquake When the next big earthquake strikes California, it’s unlikely to hurt the insurance industry as much as the last one did. The nation’s largest property insurers curtailed their exposure to California quakes a …
Safeco considering internet-based auto insurance sales Seattle-based property and casualty insurer Safeco is considering direct marketing its automobile insurance business over the Internet to reach additional consumers that do not like to deal with middle-men and do not like to …
Oil pipe corrosion big threat as Alaska marks Exxon spill anniversary Since the Exxon Valdez caused the worst oil spill in the nation’s history, tankers that ship Alaska’s crude oil to the West Coast have become stronger and safer. Two …
Insurers unlikely to alter credit scoring as agencies pursue uniformity The decision by the three major consumer credit reporting agencies to create a more uniform credit scoring system is not expected to have a major impact on insurers’ use of …
