National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …
$12 Billion Hurricane Ike, which struck Galveston on Sept. 13, 2008, is so far the costliest weather catastrophe in Texas history, racking up nearly $12 billion in windstorm and flood insurance claims. Windstorm claims in Texas resulting from Ike totaled …
19.1% State Farm Fire and Casualty Co. is seeking a statewide average 19.1 percent homeowners rate hike in Louisiana. Coastal residents would bear the brunt of the increase, which would average about $229 per policyholder, according to the Associated Press. …
Reforming Oklahoma’s workers’ compensation system will be among the top legislative goals for Republican lawmakers in 2010. GOP leaders in the state Senate and House of Representatives say overhaul of the workers’ compensation system is essential to economic development. Republicans, …
No Effective Legal Means “We had no effective legal means to step in and prevent default (at AIG) … without helping this firm meet all its legal obligations.” —U.S. Treasury Secretary Timothy Geithner told CNBC television that the bailout of …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Home Builders & Artisans Contractor’s GL Market Detail: Northern Star Management offers access to a …
A federal lawsuit filed in the Texarkana Division of the Western District of Arkansas claims the Arkansas Department of Motor Vehicle database has been illegally used for marketing and it could affect anyone who has had an Arkansas driver’s license …
A lawmaker said he may propose increasing taxes on businesses to help Arkansas pay off about $220 million it owes the federal government for unemployment insurance benefits. Sen. Larry Teague of Nashville said he’s concerned about the amount of money …
Oklahoma Insurance Commissioner Kim Holland has fined a Tennessee company and two of its affiliates $25,000 each for violating a cease and desist order she issued in November of last year. According to the order, the company has been illegally …
In Texas, the repeal of a motorcycle helmet law has been followed by a sharp increase in fatal motorcycle crashes, according to a study in the January Southern Medical Journal, official journal of the Southern Medical Association. “Since the 1997 …
