Florida Insurance Commissioner Kevin McCarty is requiring United Property & Casualty Insurance Co. to refund millions of dollars in unapproved homeowners’ insurance rate increases. Last October, United began charging higher insurance rates before the Florida Office of Insurance Regulation officially …
The Louisiana Legislature adjourned last week after sending to the governor a series of bills including one that abolishes the state’s insurane rating board. The enactment of HB 960, which abolishes the Louisiana Insurance Rating Commission, was one of the …
A recently-enacted South Carolina workers’ compensation reform package lacks “some integral components necessary to achieve the desired cost saving for employers,” according to the Property Casualty Insurers Association of America. “South Carolina lawmakers continue to show determination and a willingness …
Property/casualty insurers are complaining that the Florida Office of Insurance Regulation is “off the mark” in developing rules implementing a law passed in 2003 addressing insurers’ use of credit information. Since the Legislature passed the National Conference of Insurance Legislators’ …
The insurance industry holds investments in municipal bonds worth more than $320 billion, investments that help fund construction of schools, roads, and hospitals, and support a variety of other public sector activities, according to a new industry study. The report …
Consumers in Florida will soon see significant cost savings and a more consumer-friendly automobile insurance system when the state’s fraud ridden no-fault personal injury protection (PIP) law sunsets October 1, 2007, according to insurer members of the Property Casualty Insurers …
New Hampshire Gov. John Lynch is in the middle of a battle over a bill to change the way juries can assign blame in lawsuits. Lynch has talked with business groups who are against the change and with trial lawyers …
A highly anticipated workers compensation reform package is a victory for South Carolina workers, the business community and the insurance industry but it still lacks some integral components necessary to achieve the desired cost saving for employers, according to the …
Florida Insurance Commissioner Kevin McCarty issued a Consent Order requiring United Property & Casualty Insurance Co. to refund millions of dollars in unapproved homeowners’ insurance rate increases. Last October, United began charging its customers higher insurance rates before the Florida …
The family of a Puyallup, Wash., firefighter has filed a lawsuit claiming the city of Puyallup and its insurer illegally denied health benefits after the worker contracted a disease on the job that ultimately led to his death. David Potter, …
