December 6, 2009
The Connecticut Supreme Court reinstated a lawsuit brought by the owners of a dump truck involved in a fiery crash in Avon in 2005 that killed four people and injured 11 others. In its decision, the high court overturned a …
December 6, 2009
While one company has gotten out of the business of insuring political campaigns, another is throwing its hat in the ring. Markel Risk Solutions, based in Glen Allen, Va., is offering campaigns a multiline, admitted insurance product that will cover …
December 4, 2009
The health insurance industry Thursday struck back at provisions in Congress’ healthcare proposals that it said would do little to curb the nation’s spiraling costs or provide people more affordable coverage. Congress is tip-toeing toward incremental healthcare reform that does …
December 4, 2009
An insurance company has won a victory over one of its former West Virginia agents who claimed the insurer violated state antitrust law when it cancelled his contracts to sell its life and property/casualty insurance products. The ruling by the …
December 3, 2009
A New Jersey municipality cost taxpayers hundreds of thousands of dollars by awarding an insurance contract to a favored public insurance fund over the low-bid private insurer, a state audit claims. A report released by State Comptroller Matthew Boxer found …
December 2, 2009
One New Jersey city is considering billing insurance companies for fire department services. Passaic Mayor Alex Blanco is proposing insurers pay $500 for residential fire calls and $25,000 for fires in commercial buildings. Fire department calls to car accidents could …
December 1, 2009
The Property Casualty Insurers Association of America (PCI) has named Micaela Isler as regional manager, state government relations. Isler will cover the Southeast Atlantic region which includes the District of Columbia, Georgia, North Carolina, South Carolina, Tennessee and Virginia. Prior …
November 30, 2009
Aon’s International Space Brokers has reported that space insurers are expected to generate more than $400 million in profit for 2009, provided there are no claims before the end of the year. “The space insurance market has been very profitable …
November 30, 2009
A $250,000 default judgment against Tippah County has been upheld by the Mississippi Supreme Court. The case was filed in 2007 by Daniel Childers of Ripley, who contended that his elbow was broken during an arrest by county deputies in …
November 24, 2009
While one company has gotten out of the business of insuring political campaigns, another is throwing its hat in the ring. Markel Risk Solutions, based in Glen Allen, Virginia, is offering campaigns a multi-line, admitted insurance product that will cover …