Results from the second annual GMAC Insurance National Drivers Test suggest licensed Americans lack basic driving knowledge and exhibit alarming behaviors on the road. The study revealed that one in eleven drivers–nearly 18 million people–would fail a state drivers test. …
With its chairman proclaiming the program is at a “crossroads,” the U.S. Senate Banking Committee this week advanced bipartisan legislation to bolster the nation’s debt-ridden flood insurance program. Insurance trade groups generally support the legislation, the Flood Insurance Reform and …
Just one day after announcing it would close or sell all its plants in Alabama and two other states, Avondale Mills Inc. said it has reached a $215 million settlement with its insurance company for damages caused by a train …
Residents of Sioux Falls, S.D., are the safest drivers in the United States, according to the second-annual “Allstate America’s Best Drivers Report.” The largest city in South Dakota moves up from the number two spot on last year’s report from …
The cost of auto insurance is expected to rise by just 0.5 percent in 2006, the smallest increase in six years, reports the Insurance Information Institute. A declining number of auto accidents, safer cars and fraud-fighting efforts are some forces …
Infinity Property and Casualty Corp., of Birmingham, Ala., will broadcast a live Internet broadcast of its 2006 annual meeting of shareholders May 23 at 11 a.m. (ET). To listen to the live broadcast, go to Infinity’s website, http://www.ipacc.com/, click on …
Maryland physicians have a new option for their medical malpractice insurance: Maryland Healthcare Providers Insurance Exchange (MDHPIX). The insurance company is being formed by a team of insurance, health care and legal professionals who started similar companies in Pennsylvania, Florida …
Pierson & Fendley, CAA Combined Agents of America LLC, Austin, announced that Pierson & Fendley Insurance Agency LLC of Paris, Texas, joined CAA as the group’s 34th member. Pierson & Fendley has served Paris and surrounding areas for over 70 …
PodiatrySelect, professional liability insurance for podiatrists, is now available from Birmingham, Ala.-based ProAssurance Corp., which has just partnered with the Podiatry Insurance Co. of America. PICA will provide coverage for selected podiatrists through Red Mountain Casualty Insurance, ProAssurance’s Excess and …
News Currents The cost of auto insurance is expected to rise by just 0.5 percent in 2006, the smallest increase in six years, reports the Insurance Information Institute. A declining number of auto accidents, safer cars and fraud-fighting efforts are …
