Insurer Suits “We are expected to be one of several insurance companies that are taking this action.” —Allstate spokeswoman Christina Loznicka after Allstate Insurance Co. announced it had sued Toyota Motor Corp., seeking to recover more than $3 million the …
The American Insurance Association (AIA) wants state regulators to emphasize regulatory “effectiveness and efficiency” at the National Association of Insurance Commissioners’ (NAIC) fall meeting in Orlando, Florida this week. The insurer organization said national and international regulatory developments “compel the …
Insurance broker Marsh has added five industry veterans – four from competing broker Aon – to its private equity and mergers and acquisitions practice. James O’Brien, Jason Hawkins and Craig Warnke join Marsh as managing directors, and Jim Beatty and …
A lawsuit alleging bad faith claims handling by Florida’s state-created insurer, Citizens, will proceed to trial over the objection of the insurer that it is protected against such suits by immunity granted government entities. A three-judge panel in the First …
Maine’s supreme court says a workers’ compensation beneficiary isn’t eligible for additional benefits for a car crash that happened en route to a mediation meeting. Kurt Feiereisen, a NewPage employee, was injured on the job in 1987, 1997 and again …
The nation’s flood insurance program is extending the availability of lower cost policies for some property owners who have been recently remapped into higher-priced areas. Since 2008, many homes and businesses in the United States have been rezoned on Federal …
1,394 The number of miners participating in a settlement with Dow Chemical Co. and Flexible Products Co. in an Alabama court over the miners’ claims they were exposed to hazardous chemicals. The surprise settlement came at Tuscaloosa Circuit Court just …
The insurance industry has given more than $1.5 million in indirect contributions to support the Republican candidate for state insurance commissioner, drawing criticism that it is trying to buy influence without being tied directly to the campaign. Both leading candidates …
A lawyer representing 10,000 ground zero workers suing New York City over their exposure to World Trade Center dust said earlier this month that 75 percent have signed a settlement resolving their claims and most of the rest have indicated …
Texas-based Roach Howard Smith & Barton (RHSB) announced that Jan Holcombe joined the company as vice president of personal client services. Holcombe brings more than 20 years of experience as an insurance counseling and management specialist. She will be in …
