October 12, 2001
Insurance is now available to help protect Illinois families from financial loss if a loved one is the victim of one of four criminal activities. The Chubb Group of Insurance Companies is now offering Masterpiece® Family Protection(SM), which helps to …
October 5, 2001
The Commerce Group Inc. announced that it had entered into an agreement with Berkshire Mutual Insurance Co. to transfer Berkshire’s Massachusetts personal automobile business to its Mass. subsidiary, Commerce Insurance (CI), effective January 1, 2002. Under terms of the agreement, …
October 2, 2001
Robert K. Houton is the newest member of the Independent Insurance Agents of America’s government affairs operation, having joined the staff as a lobbyist and grassroots specialist. As IIAA’s new Washington representative and grassroots coordinator, Houton will lobby members of …
September 19, 2001
A study by the Workers Compensation Research Institute (WCRI) has singled out the State of Connecticut’s handling of benefits to injured workers as particularly efficient in comparison with other state programs. The findings revealed that Conn.’s. $927 average cost of …
September 17, 2001
Texas had the highest average total cost per workers’ compensation claim ($14,465) of eight states reviewed in an independent study released by the Workers’ Compensation Research Institute (WCRI), “CompScope Benchmarks: Multistate Comparisons, 1994-1999.” In the eight states reviewed by the …
September 13, 2001
Now that the initial damage has been done, city officials have begun the grim task of removing bodies from both towers of the World Trade Center and the Pentagon. While there have been a few stories of survivors being pulled …
September 7, 2001
Insurance Auto Auctions, Inc., a leading provider of automotive salvage and claims processing services, announced the opening of a new “greenfield facility” in East Windsor, Conn., serving Hartford and other areas. The new “Hartford” facility will strengthen IAA’s geographic coverage …
September 5, 2001
In spite of an ongoing influx of litigation, U.S. courts continue to reject class-action lawsuits involving diminished value, a concept referring to the difference between the value of a vehicle before and after it was involved in an accident. “Courts …
September 4, 2001
A Massachusetts court awarded MetLife Auto & Home $2,989,270 in damages for fraud against the owners and operators of numerous auto body repair shops, several former policyholders and one of its former appraisers. The ruling represents a victory in the …
September 4, 2001
Eastern Casualty Insurance Co.’s bid for an individual 11.6 percent increase in Mass. workers compensation rates has been rejected by the State’s Insurance Commissioner Linda Ruthard on the grounds that the evidence presented by the company was ” insufficient in …