Canada said Thursday it was cracking down on banks that market “unauthorized insurance” on their websites, spelling out new rules designed to keep the realms of banking and insurance separate. Canada’s banking laws have long forbidden banks from selling insurance …
The median six-month auto insurance rate in Oregon has decreased approximately 4.3 percent over the past six months to reach $577 according to InsWeb, an online insurance comparison provider. InsWeb also reported Oregon median auto insurance rates segmented by specific …
Hurricanes could rupture underwater oil and natural gas pipelines in the Gulf of Mexico, which is already struggling with the worst oil spill in U.S. history, according to a new study by researchers at the U.S. Naval Research Laboratory in …
California workers’ compensation medical payments are increasing and have moved back above pre-reform levels, according to a new study by the Califonria Workers’ Compensation Insitute. CWCI research that measures changes in California workers’ compensation medical expense payments from 2002 through …
It’s been more than 1,600 days since Florida was hit by a hurricane, and that one — Wilma — walloped Natalie Premock’s home. But since then, nothing. And time has faded memories. The 31-year-old mortgage processor and her husband now …
The Ohio Department of Insurance has revoked the licenses of two troubled insurance companies: Imperial Casualty and Indemnity Co. of Oklahoma City, Okla., and Atlantic Mutual Insurance Co. (AMIC) of New York, N.Y. In March 2010, the District Court of …
One of just two major makers of emergency air packs for U.S. coal mines has stopped selling the devices because they often don’t automatically start and the industry fears it will lead to a shortage, officials said. Underground mines must …
Legislation that would allow law enforcement in Oklahoma to impound uninsured vehicles is one step away from becoming law. House Bill 2331, by state Rep. Steve Martin and state Sen. Gary Stanislawski, passed the Oklahoma House of Representatives 93-3 and …
For the fourth time in the past year, the nation’s flood insurance program will lapse because Congress has not voted to reauthorize it. That’s the latest on Capitol Hill, according to property/casualty lobbyists and other sources. As a result, the …
Legislation designed to improve Oklahoma’s workers’ compensation system for injured workers and reduce costs for the state’s employers has passed the House of Representatives. The four bills comprise a bipartisan agreement that was negotiated over the course of this legislative …
