Facing hundreds of hurricane-damage lawsuits on the Mississippi coast, State Farm Fire and Casualty Co. cited back-to-back years of storm losses in announcing Friday it will not renew coverage for about 2,600 policyholders mainly in Alabama’s beach resorts. Bloomington, Ill.-based …
Washington’s Office of the Insurance Commissioner has ordered UnitedHealthcare Insurance Co. of Minneapolis to pay a $59,000 fine following an agency investigation into the company’s use of unapproved contracts to add chiropractors to its provider network. The agency ordered the …
National Association Professional Surplus Lines Offices is urging members of the House Financial Services Committee and Senate Committee on Banking, Housing and Urban Affairs to enact the surplus lines and reinsurance reform bill introduced in the last Congress. The bill …
A state committee looking for ways to save lives on Alabama highways wants to get young drivers off cell phones and put new restrictions on how many passengers they can carry. The State Highway Safety Coordinating Committee is working on …
Homeowners who witnessed the devastation wrought by Hurricane Katrina seem to have boosted flood insurance sales dramatically in 2006, and federal government actions also might force others to purchase flood coverage, as well. The Federal Emergency Management Agency is redrawing …
Insurance emergency “During this state of emergency, I want to ensure that our farming communities avoid the red tape and get paid quickly so they can get back to the business of farming” — California Commissioner Steve Poizner, on proclaiming …
Monoline Energy Nuts & Bolts: MarketScout, the Dallas-based eInsurance Exchange, has launched an exclusive Monoline Energy Workers’ Compensation program. The facility accepts most class codes related to the energy industry, including operations “over the hole” and USL&H exposures. Dollars: Statutory …
Real Estate Appraisers Nuts & Bolts: San Diego-based AMIS (Alliance Marketing and Insurance Services) is offering broader package policies for real estate appraisers handling residential and commercial property. This policy offers commercial general liability coupled with errors and omissions and …
Builders & Tradesmen’s Commercial Package Nuts & Bolts: Builders & Tradesmen’s Insurance Services Inc., Rocklin, Calif., has a new commercial package policy available in California underwritten by One Beacon. Eligible classes are garage, manufacturers, offices, restaurants, apartments and many more. …
Parking and Valet Operators Nuts & Bolts: USRisk Brokers has a new Parking and Valet Operators Program designed for businesses engaged in parking customers’ cars, such as self-parking garages and lots, assisted parking, valet parking and parking for special events. …
