Workers’ compensation premium increases for volunteer fire departments are being postponed for a year while lawmakers address firefighter safety and liability issues, Gov. Joe Manchin said. Manchin said he hopes to have legislation ready for a July 19 special session. …
A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit rating (ICR) of “aa” of Allianz S.p.A. (Italy), both with stable outlooks. Best explained that the ratings reflect the “enhancement received from the implicit support …
Fear that oil from a huge BP Plc spill will damage Mississippi’s coast is hurting the state’s economy more than oil damage itself, according to a new report. Tourists are staying away from restaurants and hotels and sport fishing is …
A crowded field of candidates is battling it out to become the state’s next insurance commissioner, with several vowing to fight the new federal health care law. Nine Republicans and one Democrat have entered the race to replace Commissioner John …
A California lawmaker is leading the close contest to become the GOP’s nominee for California Insurance Commissioner, but the outcome is still far from certain. Assemblyman Mike Villines of Clovis was winning as of June 16 by nearly 3,000 votes …
NAS Insurance Services, Inc. has released new rates for insurance agents and brokers E&O. Agents managing 100 percent personal lines have new reduced rates and a new minimum premium starting at $2,000. Agents handling 100 percent personal auto insurance have …
A jury in Florida is set to begin deliberations in a lawsuit over the damages owed to owners of a house built with defective Chinese drywall. Attorneys say the verdict in the case of Armin and Lisa Seifart of Miami …
U.S. Congressman Charlie Melancon (LA-03) says lost wages of oil rig workers who are out of a job due to the moratorium on deepwater drilling in the Gulf of Mexico could reach as high as $330 million a month. Melancon …
Neace Lukens, a national full-service private insurance broker, has expanded its insurance product lines to include a new specialty insurance service for companies in the life sciences industry. This new division will provide comprehensive insurance services for companies that manufacture, …
A state law passed after the July 4 blast on Ocracoke Island that killed four fireworks handlers mandated safety training for those who prepare the displays, but some warn the rule could limit fireworks shows this Independence Day. North Carolina …
