July 15, 2008
New Hampshire officials announced changes in licensing fees for insurance producers and adjusters that include a single $210 application and license fee for initial producer licensing replacing what used to be two separate fees. The producer licensing renewal fee remains …
July 15, 2008
Northbrook, Ill.-based Allstate Insurance Co. has agreed to settle an insurance case involving a Hawaii man that had attracted national attention over the insurer’s refusal, and eventual agreement, to provide key documents on how it evaluates and pays claims. The …
July 14, 2008
A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published solely on his blog (MiamiCondoInvestments). Hollo v. …
July 10, 2008
Hawaii Gov. Linda Lingle has signed into law a bill that requires only fire-safe cigarettes be sold in Hawaii as of Oct. 1, 2009. State officials say reduced ignition cigarettes burn at a lower temperature, thereby reducing possible fire hazards …
July 7, 2008
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. International Energy Package Market Detail: MarketScout provides a market for clients needing coverage for foreign …
June 25, 2008
Hawaii Gov. Linda Lingle has signed SB3023 SD2 HD2 CD1 (Act 190) into law, amending the state’s captive insurance industry statutes. According to the Hawaii Department of Commerce and Consumer Affairs Insurance Division, which initiated the legislation, the new law …
June 24, 2008
An Alabama judge upheld the fraud verdict that the state won against AstraZeneca Pharmaceuticals LP in a Medicaid drug pricing suit, but ruled the punitive damages were too high, trimming the total judgment to $160 million. The jury ordered the …
June 16, 2008
Golden Eagle Insurance, a Liberty Mutual Agency Markets regional company, appointed Pete McPartland president and CEO. McPartland comes from General Casualty in Sun Prairie, Wis., where he led insurance operations for QBE Regional Insurance as chief operating officer. He succeeds …
June 16, 2008
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. Custom Home Builders Market Detail: Lemac & Associates, a division of Risk Placement Services Inc. …
June 11, 2008
Auto thefts on Oahu is down by more than 40 percent over a five-year period. Car thefts dropped from a record high of nearly 8,500 in 2002 — an average of more than 23 vehicles per day — to just …