California susceptible to class action lawsuits California’s class action law ranks 46th in the nation in fairness and reasonableness, according to an annual national ranking of state civil justice systems. The only worse systems were in Louisiana, Illinois, Mississippi and …
$100 million The dollar figure placed on an alleged nationwide workers’ compensation scam for which five men have been indicted. The investigation began in 2002 after the Florida Division of Workers’ Compensation issued a stop work order for failure to …
Mississippi insurance regulators have approved a statewide rate increase of 29 percent for Allstate homeowner policyholders, the Northbrook, Ill.-based insurer reported. The company, in a written statement, attributed the hike to the “increased costs of doing business in Mississippi due …
Outdoor Recreation and Hospitality Nuts & Bolts: The Great Outdoors Insurance Program written by Gillingham & Associates provides comprehensive coverage for Outdoor Recreation and Hospitality industries. Classes: guest ranches, guides & outfitters, resorts, hunting & fishing lodges, RV parks & …
RLI’s board of directors has declared a second quarter cash dividend of $0.22 per share, reflecting a two-cent, or 10 percent increase over the prior quarter’s dividend, a company statement said. The dividend, which is payable on July 13, 2007, …
Greg Jones, senior vice president of State Farm’s California operations, has accepted a promotion to the Illinois-based corporation’s thirteen-member Chairman’s Council effective May 1. The Chairman’s Council is State Farm’s top management office, with oversight responsibilities for all the operations. …
Indiana Insurance today announced that it will offer Violent Event Response Coverage beginning in July, 2007 to its public and private school policyholders throughout the Midwest and Midsouth. Recognizing that most general liability policies do not cover many expenses and …
U.S. Sen. Trent Lott, R- Miss., has agreed to settle the lawsuit he filed against State Farm Fire and Casualty Co. for refusing to cover Hurricane Katrina’s damage to his Gulf Coast home, an attorney for the Mississippi Republican said …
Ill.-based insurance brokerage and risk management services firm Arthur J. Gallagher & Co. announced it has aqcuired Melton Insurance Associates Inc. of Odessa, Texas. Terms of the transaction were not disclosed. Melton Insurance Associates, founded in 1954, is a retail …
Schaumburg, Ill.-based Zurich, a national commercial property-casualty insurance company, recently announced the debut of eZ Transition, an online tool that bolsters the effectiveness of Zurich’s return to work (RTW) program and supports a wide range of employers’ RTW practices. According …
