Louisiana homeowners paid the third-highest home insurance rates in 2006, while Mississippi was hit with the sixth-highest average bill for coverage, according to a report by a national group of state insurance regulators. Although the report is the first since …
The National Association of Insurance Commissioner recently issued its annual report on homeowners insurance. The report, based on figures from 2006, the latest year from which data is available, ranks Texas as having the highest homeowners rates in the nation. …
At an average cost of $502 per year, home insurance in Oregon is among the least costly in the nation, according to a nationwide survey. For example, the average homeowner’s premium was $1,257 in Louisiana and $603 in neighboring Washington. …
Oklahoma Senate Democrats are charging that Republicans are taking the side of insurance companies over the needs of their constituents. Democratic leaders held a news conference Feb. 26 to decry decisions by GOP leaders not to hear their insurance-related bills, …
Louisiana Commissioner of Insurance Jim Donelon says rates for workers’ compensation insurance continue to decrease in his state, based on a recent report from the National Council on Compensation Insurance (NCCI) that analyzes workers compensation rates in 35 states. Most …
In one of her first moves as Homeland Security secretary, Janet Napolitano has ordered a fresh review of hurricane recovery efforts in the gulf coast 31/2 years after two killer hurricanes swept ashore. In testimony prepared for a congressional hearing, …
Texas-based Homeowners of America Insurance Company announced that Michael S. Cox has joined the firm as vice president and director of Marketing. Cox has more than 12 years of insurance industry experience with most of his career spent in property …
Zurich North America Commercial will begin accepting new business in 11 South Central and Southeastern states through its new Zurich Integrated Products unit, which services commercial customers in between the small-to-middle market segments. Effective immediately, agents and brokers can submit …
A proposal requiring motorcyclists to make a choice between wearing a helmet or carrying thousands of dollars in health insurance has been thwarted by a state Senate panel. The bill, which would have required motorcyclists to carry $10,000 in health …
Louisiana-based Amerisafe Inc., a writer of high hazard workers’ compensation insurance, said its fourth-quarter profit fell 69 percent due to $13.4 million in realized capital losses. Net income for the quarter dropped to $5.7 million, or 28 cents per share, …
