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Regulators: Auto Insurance Rates Continue Downward Trend in Missouri

Auto insurance premiums have declined significantly since 2000, according to figures released by the Missouri Department of Insurance. The average annual cost for full coverage peaked in 2003 at $740 — it dipped to $726 in 2013. In inflation-adjusted dollars, …

Oklahoma Commissioner: Severe Weather Damaged at Least 1,100 Insured Homes

Oklahoma Insurance Commissioner John D. Doak announced that more than 1,100 homeowners insurance claims have already been filed following severe weather that marched across the state on Wednesday, March 25. “Tornadoes are a devastating act of Mother Nature that Oklahomans …

New FEMA Guidelines Force the Climate Change Issue

The Federal Emergency Management Agency is making some waves with a new requirement that forces states to take into account the possible impact of climate change in their risk assessments before they can receive certain assistance. FEMA included this condition …

Germanwings Crash Shows Need for Protections Against Suicidal Crew Members

The suspected intentional destruction of a Germanwings jet by a pilot shows the need for new protections against suicidal crew members, a threat emerging as one of the worst in modern aviation, accident investigators say. With French prosecutors saying the …

Va. Retailer Lumber Liquidators Faces Safety Inquiry

The U.S. Consumer Product Safety Commission said Wednesday it is investigating Lumber Liquidators Chinese-made laminate flooring following a national TV broadcast raised concerns over levels of formaldehyde. Chairman Elliot F. Kaye said Wednesday the agency is taking the issue seriously …

Maryland House, Senate Pass Fracking Bills

Legislation that limits when and how fracking could take place in Maryland passed Tuesday in both chambers of the state legislature. Senators voted 29-17 for a bill that holds drilling companies strictly liable for injuries to residents or their property, …

Storms Sweep Through Oklahoma with Tornadoes, Hail

Oklahoma Attorney General Pruitt announced that Oklahoma’s Emergency Price Stabilization Act is now in effect for 25 Oklahoma counties after Gov. Mary Fallin declared a state of emergency due to tornadoes, severe storms, straight-line winds and flooding that hit the …

Duke Energy to Appeal $25M Fine by North Carolina Regulators

Duke Energy will appeal a $25.1 million fine by North Carolina environmental regulators over pollution that has been seeping into groundwater for years from a pair of coal ash pits at a retired power plant. The fine, which was announced …

Vantage Agora Launches Loss Analysis Tool for Brokers/Wholesalers

Insurance process provider Vantage Agora has released a new loss-analysis web application that gives insurance brokers, program managers and managing general agents the ability to view and analyze consolidated data on claims losses for clients and prospects. The application is …

Despite Opposition, Texas Senator Eyes Obamacare Insurance for Family

Texas Sen. Ted Cruz, a GOP presidential candidate, could soon be buying his family’s health care coverage through the Affordable Health Care Act he has vowed to dismantle. Cruz, whose Senate filibuster against the law he derides as “Obamacare” led …

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