Property issues to dominate Florida Legislature Measures aimed at improving the property insurance market dominated the insurance agenda as the Florida Legislature convened March 7, according to the American Insurance Associa-tion. Legislators will also debate whether to allow next year’s …
Progressive drives into W.Va. The Progressive Group of Insurance Companies has announced it is now offering commercial auto insurance in West Virginia. While Progressive’s commercial coverages are available directly to consumers by phone and over the Internet, the company said …
Berkshire’s Buffett still high on insurance despite catastrophe risk Gen Re misfortunes overcome by Geico’s stellar performance, Buffett says Warren E. Buffett, the billionaire chairman of giant Berkshire Hathaway, praises the performance of his primary insurance units, particularly Geico, in …
Agents allege red-lining by ANPAC in Texas court case A group of agents recently won a round in a Texas court in their fight to have documents released. Deemed “trade secrets” by American National Property & Casualty Co., they were …
California Surplus Line Association elects new officers The Surplus Line Association of California’s (SLA) elected new officers at its Annual Meeting held in Northern California on Jan. 24 and in Southern California on Jan. 26, 2006. New officers include: chairman …
Colo. senate wants insurers to pay medical bills Auto insurers would have to pay ambulance and emergency room bills in car accidents, under a measure backed by a Colorado Senate panel. Officials for hospitals and ambulance services said someone needs …
Colorado defeats legislation to change auto insurance claims practices The Colorado House Business Affairs and Labor Committee has unanimously rejected a bill that would have created the legal assumption that if an insured accepts liability for property damage to a …
Washington Senate passes emergency readiness bill A measure to improve Washington’s emergency readiness passed the state Senate, after a lawmaker agreed to bend to insurance industry insistence that the $5.7 million needed come from the state and not a surcharge …
Workers’ comp court case could cost Montana fund $200 million A looming workers’ compensation court case could cost Montanans $100 million and force a roughly $160 million rate hike for business buying insurance from the Montana State Fund, the agency’s …
Denver court denies class action certification in Morris v. Travelers U.S. District Court Judge Edward Nottingham has denied a class certification in Morris v. Travelers Indemnity Co. of America, according to Morrison & Foerster LLP. The law firm represented Travelers …
