U.S. District Judge Lee Rosenthal in Houston has been called upon to rule if Great American Insurance Co. is acting within policy and contract language and in accordance with the required utmost good faith in asserting that it does not …
An insurance company is arguing in a Texas court that a policy it issued that excludes payments for pollution prevents the families of three people killed in a 2007 Houston office building fire from being compensated because the deaths were …
Following the completion of the 2008 hurricane season, A.M. Best Co. has removed from under review and affirmed several insurers’ ratings it had issued in October when there was concern over the insurers’ exposure to the state’s hurricane fund in …
The West Virginia Supreme Court says a homeowner’s insurance company should not be held liable for paying damages stemming from a fatal alcohol-related accident involving underaged drinkers. In its unanimous ruling, the court said Jeff Cora’s policy with American Modern …
Travelers Insurance is reminding consumers that while they are home for the holidays they should remember that more home fires happen between Dec. 24 and Jan. 6 than any other time of the year. According to the National Fire Protection …
The Property Casualty Insurers Association of America (PCI) said it strongly opposes a bill recently passed by New Jersey Senate that allows physicians to make self-referrals to their ambulatory surgical centers. PCI said the legislation, known as Senate Bill 787, …
Birmingham ,Ala.-based ProAssurance Corp. said it will acquire Mid-Continent General Agency for an undisclosed price. Mid-Continent is a managing general agent, based in Houston, producing about $25 million a year in premiums from ancillary healthcare providers and other professional liability …
The Woodlands Financial Group (TWFG) announced that TWFG will offer replacement coverage for the homeowners business of Austin Indemnity Lloyds Insurance Company, effective Jan. 29, 2009. TWFG General Agency, a subsidiary of TWFG, will provide coverage for impacted homeowners policyholders …
A bill on Gov. Deval Patrick’s desk would require the state to toughen regulations on predatory insurers who target members of the military in Massachusetts. The bill would require the state Commissioner of Insurance to come up with new rules …
The deteriorating U.S. economy – with its waves of layoffs, dislocations in the credit and equity markets, and falling home prices – will present a challenge in 2009 for almost every domestic business sector, and insurance is no exception, according …
