January 19, 2010
The Insurance Media Association is pleased to announce Mark Wells Sr. and Mark Wells Jr. as the 2009 inductees into the Insurance Media Hall-Of-Fame. Insurance Journal, considered the most-read national property and casualty publication for independent insurance agents and brokers, …
January 19, 2010
A House panel slated to look into the collapse and bailout of insurer American International Group has widened its probe, adding former Treasury Secretary Henry Paulson to its list of invited witnesses. Paulson, who was asked Friday to testify, would …
January 19, 2010
Lawmakers in both the House and Senate have voted unanimously to delay a state law that requires workers’ compensation coverage for independent contractors who were previously exempt. The vote last friday pushed back the effective date of the law until …
January 19, 2010
A watchdog senator Friday asked the Obama administration pay czar to explain why a top AIG executive stands to get a multi-million dollar severance package. Sen. Chuck Grassley sent a letter to pay czar Kenneth Feinberg asking him to explain …
January 19, 2010
A North Carolina appeals court is weighing whether to freeze or even reverse homeowners’ insurance premiums that soared by up to almost 30 percent along the coast while sliding by a third in counties farthest from the shore. A three-judge …
January 19, 2010
Workers 65 years old and older tend to have lower indemnity costs for workers’ compensation than do younger workers, largely because of their lower weekly wages. That information from a new industry study could be good news for insurers as …
January 19, 2010
Union General Insurance Services of Concord, Calif., has a property market available to California agents. Property coverage is provided by an “A+” rated carrier for all types of small- and medium-sized commercial risks. Coverage is also available for vacant dwellings …
January 19, 2010
Missouri’s top judges questioned Jan. 14 whether a 2005 law limiting medical malpractice lawsuits is being wrongly applied to people retroactively and is discriminating against the spouses of those injured. Attorneys for patients argued to the state Supreme Court that …
January 19, 2010
Although Oregon is among the states at highest risk for a major earthquake, only about 20 percent of Oregonians have earthquake insurance, according to a Department of Consumer and Business Services (DCBS) survey. “Consumers may want to think about their …
January 19, 2010
Entergy Corp. has filed a second suit against the Army Corps of Engineers over flooding that followed Hurricane Katrina, leaving behind hundreds of millions of dollars to power systems and higher rates for hundreds of thousands of electricity customers in …