May 10, 2010
A dispute between an insurance company and a retired Navy admiral over coverage of damages from Hurricane Katrina has made its way to the Mississippi Supreme Court. The case is among dozens the Supreme Court will hear during its May-June …
May 10, 2010
Soccer teams and fans aren’t the only ones girding themselves for the start of the World Cup in South Africa. The world’s insurance companies have sold policies covering $5 billion worth of risks linked to the games. With just a …
May 6, 2010
Wisconsin Gov. Jim Dolye has signed legislation banning drivers from sending text messages while driving. Wisconsin joins Iowa, Kentucky, Michigan, Nebraska and Wyoming as the states to pass laws that ban all drivers from sending text messages this year, according …
May 6, 2010
Nearly 10,000 Massachusetts drivers’ records will be corrected after four insurers reached settlements with the state over their failure to do so. Attorney General Martha Coakley’s Office reached settlements with Arbella Mutual Insurance Co., Norfolk & Dedham Mutual Fire Insurance …
May 5, 2010
A workers’ compensation bill slated for a California committee hearing this week could increase pharmacy costs and fails to address underlying problems that are currently driving up system costs, according to the Association of California Insurance Companies Vice President Mark …
May 5, 2010
Companies with exposure to the sinking of the Deepwater Horizon oil rig in the Gulf of Mexico are insured for losses totaling about $1.4 billion, according to initial reports. “The insurance losses from the sinking of the Deepwater Horizon will …
May 3, 2010
In a ruling that’s being closely watched by some insurers, a Thurston County, Wash., judge has affirmed that the state insurance commissioner may hold an insurance company liable for the actions of the company’s appointed agent. “If you allow someone …
May 3, 2010
Keystone Insurers Group (KIG) has added two more to its growing list of partner agencies. Jessie Insurance Agency of Campbellsville and Insurance Service Centers of Southeast Kentucky increase to 16 the number of KIG partners in Kentucky and join KIG’s …
May 3, 2010
The Arizona Legislature has approved a bill that to privatize the state workers’ compensation insurer as an Arizona mutual insurance company, beginning Jan. 1, 2013. The State Compensation Fund (SCF) was created in 1925 by the legislature to provide a …
May 3, 2010
A federal appeals court has ruled that an insurance company has no duty to defend against class action lawsuits filed in Illinois targeting the company’s insured, a Chinese manufacturer of toys sold in the United States that were found to …