April 15, 2010
A Mississippi couple and the insurer they were suing over hurricane damage to their coastal home from Hurricane Katrina have settled their closely-watched case out of court. The terms were not disclosed. The case, Corban v. USAA, dealt with what …
April 14, 2010
Georgia is joining a Florida-led group of states in a lawsuit challenging President Barack Obama’s overhaul of the U.S. healthcare system, Florida’s attorney general said Tuesday. Bill McCollum, who is seeking the Republican nomination to run for Florida governor, said …
April 14, 2010
Attorneys for Texaco say they will appeal a $19 million verdict for five woman who alleged the oil company was responsible for their children born with disabilities and illnesses, including mental retardation. A Hinds County jury reached the verdict last …
April 13, 2010
New York-based Privilege Underwriters Reciprocal Exchange (PURE) said it would begin offering personal lines coverage to owners of high-value homes in Maryland and Washington D.C.. The company, a member- owned reciprocal insurer, said it will also offer automobile, jewelry, art, …
April 12, 2010
Florida Insurance Commissioner Kevin McCarty sent a letter to the state’s media outlets on April 9 regarding the current property insurance system and what should be done to improve it. In it, he says the exodus of national carriers from …
April 8, 2010
Five more states are joining a Florida-led group of states in a lawsuit challenging President Barack Obama’s overhaul of the U.S. healthcare system, Florida’s attorney general said Wednesday. The joint lawsuit led by Florida and now grouping 18 states was …
April 7, 2010
Amid wind-whipped exhaust fumes and an early March cold front, Connecticut insurance agent Michael Gergler ducks inside the lobby of the Wardman Park hotel in Washington, D.C. and surveys the lobby where roughly 150 other insurance agents have gathered. It’s …
April 6, 2010
Three Mississippi residents have filed suit in federal court challenging the Obama Administration’s new health care law, a newspaper reported. The suit was filed Friday in U.S. District Court in Hattiesburg on behalf of Richard Conrad of Laurel, Ryan S. …
April 5, 2010
Mississippi Gov. Haley Barbour vetoed a bill that would have continued a program that designated part of the state’s insurance premium tax to fund the state’s insurer of last resort. Barbour said that at the end of this fiscal year …
April 5, 2010
$30.8 Million The dividend announced by Kentucky’s major workers’ compensation insurance carrier after several weeks of political pressure. Earlier this month, Gov. Steve Beshear asked the insurer to consider returning some of its $147 million surplus as a premium reduction …