The National Association of Mutual Insurance Companies has welcomed 10 new members into its Century Club, recognizing them for serving policyholders for 100 years. With the addition of the 2009 class, the Century Club has more than 660 members. Combined, …
Just days ahead of Iranian President Mahmoud Ahmadinejad’s recent address to the United Nations in New York, California Insurance Commissioner Steve Poizner encouraged his fellow state insurance commissioners to follow California’s lead and to probe insurance company investments for ties …
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 …
A nearly $700,000 agreement between the family of late Holy Cross football coach Dan Allen and two insurers for the contractor the family alleges contributed to his fatal illness has been approved by a federal judge in Massachusetts. U.S. District …
Minnesota Attorney General Lori Swanson is suing two out-of-state companies for selling allegedly fraudulent health insurance coverage to the uninsured. In an announcement on the AG’s Web site, Swanson said the two companies are “scamming Minnesota citizens struggling with the …
The White House is weighing sanctions targeting Iran’s dependence on gasoline imports and insurance firms that underwrite the trade, even as U.S. officials focus for now on diplomatic efforts to resolve a nuclear standoff. President Barack Obama warned Iran last …
Insurance brokers say private companies won’t sell flood insurance in Kent, Renton, Auburn and Tukwila where the Corps of Engineers says Green River flooding is likely this winter. Federal insurance is still available but capped at $500,000 for a structure …
Planned information technology (IT) spending by property/casualty insurance companies increased 1.6 percent from 2008 to 2009, according to researchers. The planned increase in spending from 2009 to 2010 will only be around 0.2 percent. This slight increase is expected despite …
California State Insurance Commissioner Steve Poizner announced today that the Department of Insurance has reached a $600,000 settlement agreement with Life Insurance Company of North America (“LINA”) to resolve allegations of disability insurance claims handling violations from February 2005 through …
BrickStreet Mutual Insurance has remitted its final payment to West Virginia for funds it owes the state for aiding its transition from a state-run organization to a private carrier in 2006. Since the end of June when the workers’ compensation …
