March 23, 2009
$1 Billion The effects of the widespread peanut butter recall could cost rural America’s peanut producers $1 billion in lost production and sales, according to testimony at a House subcommittee hearing. That could be just the beginning, the head of …
March 23, 2009
Impact on Insurance Industry May be Minimal, Experts Say The $787 billion stimulus package passed by Congress looms as the largest mountain on the country’s newly changed economic landscape. But despite hope that the stimulus bill will jump-start spending, some …
March 23, 2009
Swett & Crawford appointed Robert Peterson as program manager for a new product, the Swett & Crawford Program for Contractors Auto, to be marketed with its carrier partner, Travelers Companies Inc. Before joining Swett & Crawford, Peterson worked with Crum …
March 16, 2009
The Independent Automotive Damage Appraisers Association announces a Northeast Regional Spring Meeting April 28th-30th, at the Best Western Charlottesville Airport Inn and Suites Charlottesville, VA. A brand new I-Car class “Hybrid Electric and Alternative Fuel Vehicles” will be offered at …
March 11, 2009
Hawai’i Insurance Commissioner J.P. Schmidt has released the final payments from the estate of the failed insurer HIH America Insurance Company of Hawai’i Inc. HIH Hawai’i has now paid 100 percent of its Hawai’i creditors in full. “Typically, insolvent companies …
March 10, 2009
Rep. Gene Taylor, D.-Miss., isn’t letting opposition by major insurance companies keep him from pushing his plan to make wind coverage for properties available through the federal flood insurance program. Taylor’s proposal — the Multiple Peril Insurance Act of 2009– …
March 10, 2009
The amount of money that could be won in court for noneconomic damages in medical malpractice cases would be limited under a proposal being advanced by Hawaii lawmakers. The limits would be set by a task force. The House Judiciary …
March 9, 2009
The Honolulu City Council has voted to advance a bill to ban the use of cell phones and other handheld electronic devices while driving. Hands-free devices would be allowed under the measure that was voted on Thursday. The vote follows …
March 9, 2009
Automobile fatalities declined in 40 states in 2008, a sign that traffic deaths could dip to their lowest levels in four decades. The Governors Highway Safety Association said that vehicle deaths dropped in 40 states and the District of Columbia …
March 9, 2009
Fewer Fraud Bills To Be Debated in West With the downtrodden economy rumbling through the West, momentous and game-changing fraud bills will be in short supply this year. Lawmakers’ time and patience will be soaked up by efforts to shore-up …