Home appraisers who overestimate the value of homes may be liable for fraudulent misrepresentation, the Tennessee Supreme Court has ruled. The state’s high court has overruled an appellate court that had held that because an appraiser’s estimate is an opinion, …
Washington State Insurance Commissioner Mike Kreidler has issued an order to suspend the insurance certificates of six Chubb & Son companies, effective Nov. 18, 2010. The move — which does not affect existing policies or renewals — would bar the …
Marsh announced that it has signed a mutually exclusive agreement with Anglo Arab Insurance Brokers (AAIB), “the only international broker to be licensed and registered to operate in Iraq with offices across the country. Under the terms of the agreement, …
The White House oil spill commission will delve into the root causes of the BP offshore drilling disaster at a meeting Monday that may have liability ramifications for the companies that continue to point the finger at each other for …
Election results have created uncertainty at the Michigan Supreme Court where 18 cases were scheduled to be argued in December before Republicans won two seats to put conservatives in control on Jan. 1. Justice Alton Davis, a Democrat, was defeated …
The Mississippi Supreme Court has upheld the dismissal of a lawsuit filed by a Long Beach man who wanted the state to release records that would show the dollar amount of Hurricane Katrina claims denied by insurance companies. In 2009, …
In what’s being called “a major victory for insurance agents and brokers,” the California Office of Administrative Law has approved Department of Insurance plans to repeal certain portions of its privacy regulations. The CDI filed with OAL on Sept. 22, …
An innovative climate and weather monitoring system developed at Oregon State University in Corvallis will soon be used to help underwrite and verify claims of crop losses, both to improve services to farmers across the nation and prevent abuse in …
Just days before President Barack Obama’s long-awaited visit to Indonesia, some international flights were canceled over concerns about a volcano spewing ash hundreds of miles away. Malaysia was preparing to airlift hundreds of citizens out of the country. The notoriously …
Republican Mark Darr has beaten Democrat Shane Broadway for Arkansas lieutenant governor. Darr, from Rogers, Ark., clinched the victory in the close race in his first ever attempt at elected office. Darr is an insurance agent for Wealthbridge Financial Services …
