A federal appeals court in Cincinnati has declined to reopen the case of a former judge ordered to pay $587,000 in legal fees she accrued while defending herself from accusations of misconduct. A district court in Columbus ruled in September …
The insurance industry is vowing to take care of any claims arising out of the Minneapolis bridge collapse tragedy without delay. “There will be no exclusions – it will all be coverable. The industry wants to take care of this …
Gov. Charlie Crist suggested Tuesday that some property insurers may be deliberately flouting a new state law that requires them to buy cheaper reinsurance and pass the savings on to consumers. Crist said he was concerned that some insurers might …
Delaware Gov. Ruth Ann Minner has signed legislation restricting the use of credit information in setting auto and homeowner insurance rates, making Delaware’s credit scoring law one of the toughest in the country according to the law’s supporters. The new …
The Virginia State Corporation Commission (SCC) has scheduled an Oct. 30 hearing to consider an insurance industry request to increase the workers compensation premium levels for industrial risks insured in the voluntary market an average 3.3 percent and those for …
The Dirigo Health Board of Directors has determined that the state-run Dirigo Health program will save the state’s health care system $78 million in its third year of operation. An organization representing the state’s four major health insurers — Aetna, …
The June and July floods that gripped parts of the U.K. could cost insurers between £2.25 billion and £3.25 billion in total, according to latest estimates by Risk Management Solutions (RMS). Insured losses from the July flood are likely to …
Consolidated Edison in New York has agreed to let two insurance companies anticipating millions of dollars in claims monitor the cleanup of last week’s steam pipe explosion in midtown Manhattan, the utility’s spokesman said. The agreement between Con Ed, Travelers …
Private insurance companies are balking at a decision by a key House panel to expand the federal flood insurance program to include wind coverage. The House Financial Services Committee voted yesterday to add wind coverage to the National Flood Insurance …
Many businesses along the Gulf of Mexico coast have had a difficult time obtaining wind insurance coverage since Hurricanes Katrina, Rita, and Wilma hit in 2005 and have often ended up paying more than twice as much for the insurance …
