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Rare Earthquake Rattles Northern Illinois; No Damage Reported

A small pre-dawn earthquake hit northern Illinois on Feb. 10, startling residents as far away as Michigan and Iowa, but no damage or injuries were immediately reported. The Illinois State Geological Survey (ISGS) said the earthquake was felt in eight …

What Republicans Are Proposing for Healthcare Reform

President Barack Obama has asked Republicans to bring their best ideas on healthcare reform to a televised bipartisan meeting later this month that Democrats hope will help restart the stalled healthcare overhaul drive. Republicans are urging the president to scrap …

Florida Court Restricts Litigation Notice Rule Under No-Fault

A 2001 amendment to Florida’s no-fault law that requires insureds to notify their insurer that they intend to sue cannot be applied retroactively to policies issued before the amendment was enacted. The Florida Supreme Court has ruled that the amendment, …

Massachusetts City Seeks $1.3M from Water Contractor

The city of Gloucester, Massachusetts has filed a $1.3 million insurance claim against the company that ran its drinking water system during last summer’s contamination crisis that required a nearly three-week long boil order. City lawyer Suzanne Egan tells The …

California Continues To Evaluate Insurers’ Iranian Investments

California Insurance Commissioner Steve Poizner has released a list of 50 companies doing business in the Iranian oil and natural gas, nuclear and defense sectors, and announced that as of March 31, 2010, no investments that an insurer holds in …

Contractor Seeks Claims for Property Damaged by Explosion

The mayor of the Connecticut town where a power plant was rocked by a fatal explosion says the general contractor building it is asking for property damage claims from neighbors. Middletown Mayor Sebastian Guiliano said Monday that O&G Industries Inc., …

Study: Agent Satisfaction Rises According to Size of Business Placed

The more personal lines business an agency places with a particular carrier, the more satisfaction the agency reports having with that same carrier. That’s according to a new industry study which states that insurers whose agents are highly satisfied tend …

Toyota Now Facing Lawsuits over Shrinking Resale Values of Cars

Added to a wave of personal injury lawsuits stemming from Toyota’s massive recall, the automaker faces a growing number of consumer class-action cases — more than 40 so far — over the shrinking resale value of its cars. Consumer lawsuits …

Congressmen Seek Auto Insurers’ Records on Toyota Accidents, Warnings

Two Congressional leaders are requesting information from five large auto insurers on accidents involving recalled Toyotas. The lawmakers have sent letters to Allstate, Farmers, GEICO, Progressive and State Farm. The letters were sent to chief executives of the five insurers …

Gas Cylinders Being Removed after Deadly Explosion in Connecticut

Crews were slowly and carefully removing gas cylinders from the site of a deadly explosion at an under-construction power plant in Connecticut, and investigators have interviewed survivors in an effort to determine the cause of the blast. Deputy Fire Marshal …

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