Things are heating up in the world of Chinese drywall. Courts are issuing opinions, a U.S. consumer products safety agency is recommending gutting homes with the product, and a consumer watchdog group is insisting that President Obama board Air Force …
Toyota has routinely engaged in questionable, evasive and deceptive legal tactics when sued, frequently claiming it does not have information it is required to turn over and sometimes even ignoring court orders to produce key documents, an Associated Press investigation …
Georgia is joining a Florida-led group of states in a lawsuit challenging President Barack Obama’s overhaul of the U.S. healthcare system, Florida’s attorney general said Tuesday. Bill McCollum, who is seeking the Republican nomination to run for Florida governor, said …
New York-based Privilege Underwriters Reciprocal Exchange (PURE) said it would begin offering personal lines coverage to owners of high-value homes in Maryland and Washington D.C.. The company, a member- owned reciprocal insurer, said it will also offer automobile, jewelry, art, …
Florida insurance regulators have ordered two firms to stop selling unauthorized surety insurance. The Office of Insurance Regulation (OIR) issued an order to Infinity Surety Co., Infinity Surety Agency and its president George D. Black, Sr. with home offices in …
Five more states are joining a Florida-led group of states in a lawsuit challenging President Barack Obama’s overhaul of the U.S. healthcare system, Florida’s attorney general said Wednesday. The joint lawsuit led by Florida and now grouping 18 states was …
A.M. Best Co. has affirmed the financial strength rating of A- (Excellent) and issuer credit rating of “a-” of St. Louis, Mo.-based Lyndon Property Insurance Company (Lyndon Property). The outlook for both ratings is negative. Best said the ratings reflect …
A new federal regulation will require trucking companies that repeatedly violate driver time limits to install electronic recorders that track how long drivers are at the wheel. But the recorders will only be required for trucking companies found deficient during …
21st Century, HomeWise 21st Century Holding Co. has agreed to acquire HomeWise Insurance Co. and HomeWise Management Co. from HomeWise Holdings Inc. The agreement also includes renewal rights to certain policies from HomeWise Preferred Insurance Co. Terms of the transaction …
$30.8 Million The dividend announced by Kentucky’s major workers’ compensation insurance carrier after several weeks of political pressure. Earlier this month, Gov. Steve Beshear asked the insurer to consider returning some of its $147 million surplus as a premium reduction …
