November 29, 2010
Farmers Insurance has filed for a 3.9 percent rate increase for homeowners policies in Texas. The Dallas Morning News reports that Farmers’ filing with the Texas Department of Insurance will affect about half the company’s customers in Texas. Farmers’ spokesman …
November 29, 2010
The medical professional liability insurance industry faces new challenges from both health reform and increased competition. A new industry study by Conning Research & Consulting claims that both health care reform and heightened competition will slow growth and profitability for …
November 29, 2010
Ohio Department of Insurance Director Mary Jo Hudson announced a new online tool designed to educate and assist Ohioans in finding auto insurance that fits their needs. The Auto Insurance Sample Premium Calculator, available at www.insurance.ohio.gov, can be used to …
November 29, 2010
Germany and France declared on Monday that Europe had taken decisive action to save the euro by rescuing Ireland and laying the foundations of a permanent debt resolution system, but investors were not convinced. Under pressure to arrest the threat …
November 29, 2010
A new round of U.N. climate talks opens on Monday with almost 200 nations meeting in Mexico in hopes of clinching an agreement on a narrow range of crunch issues dividing rich and emerging economies. The two-week conference at the …
November 29, 2010
Negotiators for the Irish government and the European Union put the finishing touches on an €85 billion [$113 billion] bailout for the beleaguered country over the weekend. The agreement follows Ireland’s somewhat reluctant acceptance that the situation with its banks …
November 29, 2010
Chemical company DuPont last week offered to pay $70 million and spend millions more on medical monitoring for the next 30 years to end a legal battle over a toxic exposure case it lost in West Virginia. The proposal drew …
November 29, 2010
A Kanawha County Circuit Court judge has upheld a state law giving coal mine operators 15 minutes to tell regulators about fires and other serious accidents. Judge Tod Kaufman’s ruling came in a case involving International Coal Group subsidiary Wolf …
November 28, 2010
The Archdiocese of Milwaukee’s insurance company doesn’t have to pay damages that could arise from more than a dozen lawsuits involving sex abuse by priests, a state appeals court ruled. The 1st District Court of Appeals decision, if it stands, …
November 24, 2010
The European Union has deployed billions of euros and endless words to try to contain its sovereign debt crisis this year, but poor communication and bad timing have left financial markets unconvinced. The communications problems haven’t caused the crisis — …