After a review of the supplemental compensation plans recently proposed in the marketplace by certain carriers, Willis Group Holdings reported that it will not be accepting these incentive arrangements because, it says, they fail to fix the conflicts associated with …
Spooked by devastating wildfire seasons, the nation’s top insurers are inspecting homes in high-risk areas throughout the West and threatening to cancel coverage if owners don’t clear brush or take other precautions. The inspections have angered homeowners and watchdog groups …
A survey from the United Kingdom’s Diamond, an automobile insurer that specializes in coverage for women drivers, reveals some of their male counterparts’ most irritating driving habits. While Diamond’s survey, which included both male and female drivers, revealed that half …
With the 2007 hurricane season on the horizon, Steve Munnell acknowledges that the state’s roofing contractors are “praying for rain.” The executive director of the Florida Roofing, Sheet Metal and Air Conditioning Contractors Association said a slow 2006 storm season …
Judges and an insurance trade association stated that they’re opposed to a bill that would restrict Nevada judges’ ability to seal court records, raising questions about its lack of privacy protections. Chief Clark County District Judge Kathy Hardcastle told the …
The South Carolina House of Representatives unanimously approved a workers’ compensation reform measure that is stronger than the version passed last month by the Senate, according to the American Insurance Association. The vote now sets up a showdown with the …
A new Florida law enacted during a 2007 January special session provides immediate savings for homeowners by shifting potential payments for hurricane losses from the homeowners receiving the current policy benefits to future policyholders, motorists and business owners, according to …
A federal judge Friday denied State Farm Fire & Casualty Co.’s request for a new trial in a Hurricane Katrina case that could cost the company more than $1.2 million. Judge L.T. Senter Jr. saw no reason to grant a …
Data released from the Texas Department of Insurance (TDI) shows the state’s average automobile and homeowners rates continue to fall, the Insurance Council of Texas reported. The ICT says rates have been steadily falling since March 31, 2004. Both private …
Massachusetts Attorney General Martha Coakley’s Office has reached a $58.5 million settlement with American International Group (AIG), the workers’ compensation carrier for the Central Artery Tunnel (CA/T) Project, known as the Big Dig. Coakley said a review by her office …
