Peel & Holland Financial Group, based in Benton, Ky., has become the newest Kentucky partner within Keystone Insurers Group (KIG), the nation’s sixth largest privately-held property/casualty agency. Peel & Holland has offices in Benton, Mayfield, Paducah and Murray. This brings …
The Obama administration on Tuesday threw its weight behind a bid to repeal an anti-trust exemption protecting health insurers, keeping the industry in its crosshairs as it prepares to host a bipartisan summit on revamping U.S. healthcare. “Today the president …
Free-standing legislation introduced by Reps. Betsy Markey of Colorado and Thomas Perriello of Virginia to amend the McCarran-Ferguson Act for health insurers no longer includes text to remove the limited antitrust exemption for medical professional liability insurance, according to trade …
Recent policyholder inspections by Citizens Property Insurance Corp. found some homeowners are getting more of a discount for fortifying their homes than they are eligible for. The state-backed insurer looked at 452 policyholders. Of those, more than two-thirds were getting …
The Nebraska Supreme Court on Feb. 5 upheld a decision ordering two insurance companies to pay about $550,000 of the cost of cleaning up industrial contamination in Hastings. The ruling sets the standard in Nebraska for determining how much insurance …
The private crop insurance industry is blasting a proposed restructuring in the crop insurance program it says would cut $4 billion — or $800 million a year — over the next five years. The proposal by the U.S. Department of …
Starting February 1, Nevada motorists are required to present proof of insurance at the Department of Motor Vehicles when registering a vehicle for the first time. To assist Nevadans who might not be aware of this new requirement, Insurance Commissioner …
Two leading European insurers on Thursday unveiled big dividend increases, confirming a sector-wide trend as the industry takes comfort from a steady recovery in its capital strength since the crisis. AXA, Europe’s biggest insurer, raised its 2009 dividend by 38 …
Washington insurers can continue to use credit scores when rating and underwriting insurance, at least for the time being. Washington Senate Bill 6252, which would have banned credit-based insurance scores, failed to come to a vote on the floor of …
Democrats appear to be removing medical malpractice insurers from a bill to eliminate the antitrust exemption for health insurers in the McCarran-Ferguson Act. According to Politico.com, Democratic aides in the House said the final antitrust bill likely will not include …
