Insurance Commissioner Adam Hamm reports that North Dakotans are paying the second lowest auto insurance premiums in the nation. The ranking was indicated in the “Auto Insurance Database Report 2008/2009,” recently released by the National Association of Insurance Commissioners. North …
Markel International has made a move to start writing business in Germany through a joint venture with Anglo Underwriting. With Markel’s support, Anglo’s primary focus will be to increase opportunities in specialty and private lines. As part of the focus …
A federal judge in New Orleans shot down BP’s request to penalize Halliburton for allegedly destroying damaging evidence about the quality of its cement slurry that went into drilling the oil well that blew out last year and caused the …
Texas Mutual Insurance Company announced a $267,364 workers’ compensation dividend to the National Federation of Independent Business (NFIB) wholesale/retail safety group. The dividend was based largely on the safety group’s overall loss ratio. Members of the NFIB wholesale/retail safety group …
Florida’s high court has ruled that the state fund charged with paying claims from insolvent insurers is not responsible for paying a claimant’s legal fees on a pre-insolvent claim unless they are specifically covered under the terms of their policy. …
A southern Indiana jury has awarded $1.5 million to a woman who alleged that a doctor’s decision not to perform surgery left her with a debilitating disorder. Michelle Wells Fischer’ lawsuit alleged Dr. William H. Garner III’s decision led to …
The Louisiana Supreme Court says it won’t reconsider a $92.7 million judgment against Louisiana’s state-backed insurer of last resort for handling claims too slowly after Hurricanes Katrina and Rita in 2005. Louisiana Citizens Property Insurance Corp. will ask the U.S. …
Property/casualty insurers are facing a difficult environment in 2012, according to a forecast from analysts at a Hartford insurance consulting firm. The difficult environment will include volatility in the economy, the underwriting cycle, and catastrophe management, combined with low investment …
New York, Pennsylvania, Vermont and New Jersey are among the eight states nationwide that will share in $400 million in new federal emergency aid announced by the U.S. Department of Housing and Urban Development last Friday. These funds will go …
The European Union will propose tough new rules in the coming days on how corporations handle Internet users’ personal data, a long-awaited move that could have far-reaching implications for Web giants such as Google Inc. and Facebook. Viviane Reding, vice …
