The National Transportation Safety Board has completed its on-scene investigation of a midair collision in Louisiana that killed both men in one plane and injured a man and a woman in another. Board spokesman Terry Williams says NTSB and Federal …
The White House Monday blasted a report from the health insurance industry that said Senate healthcare legislation would lead to increases in annual insurance premiums of as much as $4,000 by 2019. The report for the industry trade group America’s …
The state of Oklahoma could raise between $150 million and $200 million if it sold the agency that writes worker’s compensation insurance to the highest private bidder, officials of a Chandler-based insurance company told members of a legislative task force …
J. M. Woodworth RRG, Inc., a medical malpractice Risk Retention Group that insures physicians and surgeons in New York, is reducing the capital new policyholders are required to pay by 83 percent through the end of this year. The company …
California ‘s six largest health insurers will waive co-pays and deductibles to make sure their members can all get the H1N1 flu vaccine, state Insurance Commissioner Steve Poizner announced yesterday. “I am pleased that Aetna, Anthem/Blue Cross, Blue Shield, CIGNA, …
The Michigan Supreme Court on Oct. 7 heard the opening arguments in a closely watched case that may decide the fate of insurers’ use of credit history in setting premium rates for personal lines policies in that state. In 2005, …
The world’s mutual insurance companies are well placed to continue to grow market share in the wake of the credit crisis, but they also face a vast range of challenges, according to new research. A report by credit ratings agency …
A.M. Best Co. announced that, in separate actions, it has withdrawn the ratings of two Midwest-based mutual insurance companies at the request of those companies. Best affirmed the financial strength rating (FSR) of C++ (Marginal) and issuer credit rating (ICR) …
For the first time in five years, customers are significantly happier with their homeowners insurer than they were in the past, according to market research firm J.D. Power and Associates 2009. In its newly released survey, the National Homeowners Insurance …
Homeowners insurers doing business in Florida – established as well as new – are losing money and the state regulator says rates may need to go up. Also, the state’s largest private home insurer, State Farm Florida, which wants to …
