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Bill Authorizes Towing of Uninsured Vehicles in Oklahoma

Oklahoma motorists who drive without insurance could have their vehicles impounded under a bill approved in the Oklahoma House. The House voted 87-8 for House Bill 2331 by Rep. Steve Martin, a Bartlesville Republican. Martin says the bill authorizes police …

More New Florida Property Insurers in Trouble?

Florida insurance regulators this week notified a Jacksonville-based insurer that it has until the end of the month to comply with solvency requirements to avoid suspension or losing its license. And the warning to Southern Oak Insurance Co. is just …

Letter from Iowa Governor Prompts Wellmark to Delay Rate Hike

Iowa’s largest health insurance provider will delay a planned premium increase after Gov. Chet Culver raised questions about the higher rates to the state insurance commissioner. Culver sent a letter to Insurance Commissioner Susan Voss, expressing concern about Wellmark Blue …

Reinsurers Say $4 to $7 Billion Chile Quake Loss ‘Unlikely’ to Raise Rates

Last month’s huge earthquake in Chile might cost the insurance industry up to $7 billion in damage claims, the world’s top two reinsurers said, but it looks unlikely to raise reinsurance prices. World leader Munich Re said it expected the …

Salina, Kan., Considering Appealing New Floodplain Maps

Salina, Kan., city officials said that the Federal Emergency Management Agency’s new floodplain map is just plain wrong and they will consider appealing the floodplain maps for the south part of town. Most of the concern regarding the remapping is …

Families of Firefighters Killed in South Carolina Sofa Store Fire Settle

Families of eight firefighters killed battling a South Carolina furniture store fire almost three years ago have settled with another group of lawsuit defendants for more than $1.2 million. The June 18, 2007, fire at the Sofa Super Store killed …

Ohio Casualty Introduces New Learning Center for Appointed Agents

Ohio Casualty, a Liberty Mutual Agency Markets regional company, has introduced its comprehensive online Agent Learning Center for its appointed agencies. Ohio Casualty appointed agents can now register for classroom workshops and participate in virtual or self-paced online programs, many …

Lawsuits Over Lost Vehicle Value Could Cost Toyota $3 Billion

Toyota owners claiming that massive safety recalls are causing the value of their vehicles to plummet have filed at least 89 class-action lawsuits that could cost the Japanese auto giant $3 billion or more, according to an Associated Press review …

New Hampshire Court Refuses to Reconsider $110M Ruling

The New Hampshire Supreme Court has refused to reconsider its ruling rejecting the state’s claim to $110 million surplus from a fund that underwrites medical malpractice insurance. Gov. John Lynch spokesman Colin Manning said Tuesday the decision was disappointing. Manning …

South Carolina Not Enforcing Vision Law for Senior Drivers

Seven years after South Carolina changed the way it required drivers to prove their eyesight is adequate, the state has failed to establish a system of notifying people when they need to take vision tests or track who has done …

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