September 22, 2008
A Dade County, Florida real estate developer in January 2008 filed a $25 million lawsuit against a real estate blogger alleging, among other charges, defamation of character based on the blogger’s opinion published solely on his blog (MiamiCondo Investments). Hollo …
September 21, 2008
Tufts Health Plan will start insuring Rhode Island residents next year and compete against three existing insurers. Tufts President and CEO James Roosevelt Jr. said the Watertown, Mass.-based firm has been looking for opportunities to expand in neighboring Rhode Island. …
September 19, 2008
The troubled U.S. flood insurance program would be temporarily extended for seven months under legislation introduced in Congress Thursday, buying time for lawmakers to work out deep disagreements over reforming the debt-burdened program. The short-term extension would prevent the National …
September 19, 2008
Reuters reports that Representative Barney Frank (D – Mass.) has introduced a bill to extend the National Flood Insurance Program (NFIP) seven months beyond the scheduled September 30, 2008, expiration date to allow lawmakers to iron out “deep disagreements.” Adding …
September 18, 2008
California Insurance Commissioner Steve Poizner, a wealthy Silicon Valley entrepreneur with a centrist political style, took an initial step toward seeking the Republican nomination for governor in 2010. Poizner filed papers with the secretary of state’s office to form an …
September 15, 2008
The Iroquois Group network of independent property/ casualty insurance agencies is planning to grow in the six New England states. Matt Ward has been named to direct the New England expansion with an expanded management team. Ward has been with …
September 15, 2008
NYMAGIC, Inc. reported that its MMO Agencies unit has begun to write new business through 10 offices of surplus lines agents in Florida, New York, New Jersey and Kentucky, and that it expects to add offices of surplus lines agents …
September 11, 2008
State investigators found more than 56 people under the legal drinking age of 21 in possession of alcohol last weekend as part of an ongoing effort to crack down on underage drinking across the state. The Alcoholic Beverages Control Commission …
September 11, 2008
Manhasset, New York-based NIF Property Solutions, a division of NIF Group, Inc., said it will act as the exclusive underwriter of a new product for property risks in 14 East and Gulf Coast states. The product is being offered in …
September 10, 2008
Taking aim at a longstanding rite of passage for 16-year-olds, an influential auto safety group is calling on states to raise the age for getting a driver’s license to 17 or even 18. Adrian Lund, president of the Insurance Institute …