The California Department of Insurance is considering proposing new regulations governing standards and training for estimating replacement value on homeowners’ insurance. Among the ideas that was floated at a recent CDI workshop on the matter was to require continuing education …
Senior drivers in Tennessee could get a discount on their insurance for taking an online driving course, under a bill unanimously approved by the state Senate on Wednesday. The measure sponsored by Republican Sen. Mike Faulk of Kingsport and supported …
A general contractor’s hiring of a subcontractor does not necessarily preclude coverage under its commercial general liability (CGL) policy for shoddy work performed by the subcontractor, Mississippi’s highest court has ruled. The insurer had argued that there was no coverage …
Officials at the Maryland Zoo in Baltimore say $1.5 million in damage after two recent snowstorms will delay the attractions’ opening by up to a month. Insurance adjusters declared the Maryland aviary a total loss, the African aviary was heavily …
Two leading European insurers on Thursday unveiled big dividend increases, confirming a sector-wide trend as the industry takes comfort from a steady recovery in its capital strength since the crisis. AXA, Europe’s biggest insurer, raised its 2009 dividend by 38 …
A Connecticut police officer who shot and killed a 200-pound chimpanzee last year after it mauled a woman has been denied an insurance claim for post-traumatic stress disorder because state law only applies to police shootings of people. State Sen. …
A measure to make the Oklahoma Insurance Department a non-appropriated agency has passed the state Senate Appropriations Committee. Sen. David Myers, author of Senate Bill 1658, says his legislation, which was requested by the insurance department, will save the state …
Germany’s Munich Re and Allianz halted all remaining insurance business in Iran as their national representative body said it backed international moves toward tougher sanctions against Tehran. Against a backdrop of rising political tensions, the world’s biggest reinsurer, Munich Re, …
An organization dedicated to reducing auto theft in Michigan reports that while there has been a decline in auto theft in the state, incidents of insurance fraud and component theft have increased. Michigan’s H.E.A.T. (Help Eliminate Auto Thefts) was responding …
Reno, Nev., police say stepped up safety enforcement in crosswalks and bicycle lanes is paying off. Sgt. Wes Myers says the enforcement program resulted in a 51 percent decrease in the number of pedestrian-related crashes in the city during the …
