January 7, 2008
State Farm Fire & Casualty Co. is seeking to disqualify several former members of the Scruggs Katrina Group – a Mississippi legal team led by embattled attorney Richard “Dickie” Scruggs – from representing a couple suing the insurer over Hurricane …
January 4, 2008
An increasingly common complaint against the insurance industry charges that it is largely responsible for the disappearance of traditional events and activities due to the unavailability and/or the increasing cost of liability coverage. In an article on the Lloyd’s web …
January 4, 2008
In a victory for the insurance industry, a Delaware Superior Court has ruled that the state’s insurance regulator overstepped his authority when he prohibited property insurers from refusing to renew a homeowner policy based solely on whether the insured had …
January 4, 2008
Montana State Auditor John Morrison is reminding all licensed property and casualty insurers doing business in the state that a new law recently went into effect to protect Montanans’ right to choose an auto body repair shop after an accident. …
January 3, 2008
The Mauna Kea Beach Hotel on the Big Island of Hawaii has sued one of its insurance carriers for denying a $20 million claim stemming from last year’s earthquakes. The hotel has been closed for repairs and renovations since temblors …
January 3, 2008
American Modern Insurance Group, a specialty auto insurer with about $17.5 million in annual premium, topped the list of New York’s least complained about personal auto insurers for 2006, according to new rankings released by the state’s Insurance Department. The …
January 3, 2008
Venice, Fla.-based insurer, 1st Guardยฎ Corp., specializing in truck insurance for owner operators leased to a motor carrier, implemented a customer loyalty program for top echelon customers. The Class 8 Elite program signifies the type of vehicle (tractor trailer) 1st …
December 31, 2007
Susan Lynch has been promoted to manager of California State Compensation Insurance Fund’s Employee Assistance Program (EAP) in Human Resources. EAP helps State Fund employees address personal issues and maintain quality job performance. Lynch joined State Fund in 1987 as …
December 28, 2007
A bulletin on the Lloyd’s web site (www.lloyds.com) notes that the State of New Mexico and Virgin Galactic recently announced plans to construct a “multi-million pound spaceport.” As a result Lloyd’s brokers and underwriters have indicated that “there is capacity …
December 28, 2007
Berkshire Hathaway will have its municipal bond insurance company licensed in New York much quicker than normally, the New York State Insurance Dept. said Friday afternoon. Superintendent of Insurance Eric R. Dinallo said his department will complete licensing by Monday …