Insurance companies providing medical malpractice coverage in Missouri were profitable in 2008. It was the fifth consecutive year for positive earnings in that line of insurance, according to Missouri Department of Insurance. The department said its annual report on the …
The U.S. Geological Survey’s 35-year-old maps of lava danger zones in this southern corner of Hawaii’s Big Island are a tableau of earthy colors and odd shapes originally meant for scientific and planning purposes. The maps have also long been …
The specialist Lloyd’s insurer Jubilee Managing Agency Limited announced the launch of a new brand across its operations, which it said reflects “the company’s strategic plans to expand and grow its business lines in the future. Jubilee is the managing …
The board of Farm Bureau Mutual Insurance Co. in West Des Moines, Iowa, has approved a plan to reorganize into a mutual holding company structure. The plan is subject to approvals by the Iowa Insurance Commissioner and the company’s policyholders. …
The arbitrary assignment of premium discounts for certain mitigation features without regard to insurance companies’ base rates or premium calculations for existing business has proven to be the downfall of the movement to “harden homes” in Florida, according to insurers. …
The South Carolina Supreme Court this week upheld a multimillion verdict against an insurer the justices said revoked a man’s health policy after he tested positive for HIV based solely on a nurse writing down the wrong year for the …
Missouri Gov. Jay Nixon has ordered the state Department of Insurance to determine whether health insurance companies in Missouri are withholding reimbursement payments to health care providers for unreasonable lengths of time. The department said doctors, hospitals and other providers …
Sawgrass Mutual Insurance Co. is now selling residential property insurance coverage to Florida homeowners through independent agents. The company was launched last month with $10 million in initial capitalization. CEO James Esse said the company’s mutual structure is a “proven …
A Los Angeles court has ruled that surplus lines insurers need not pay California’s 2.3 percent of gross premiums tax that admitted insurers pay, as well as the 3 percent surplus lines-premiums tax the state imposes. In the case, Los …
Toronto-based Kingsway Financial Services Inc. has agreed to sell Zephyr Insurance Co., Inc. to Zephyr Acquisition Co., an acquisition vehicle of Ocean Harbor Holding Inc. and MP Holdings LLC, a Hawaiian based investor group. The transaction is expected to be …
