The property/casualty insurance industry today officially broke ground for the building of a disaster safety research center in Chester County, South Carolina. The Institute for Business & Home Safety (IBHS) said its new lab will have the ability to subject …
Years after hurricanes Katrina and Rita left thousands of families living in government-issued trailers, one of the first trials is set to begin over whether dangerous fumes from the temporary homes sickened storm victims. The lawsuits accuse trailer makers of …
Mississippi’s insurance regulator has given State Farm another 30 days to try to justify its request to raise coastal homeowners insurance rates an average 45 percent even though he has already indicated he won’t approve that big of an increase. …
An environmental group is trying to slow development near ecologically fragile dry washes and desert riverbeds in Arizona by targeting the federal agency that provides the flood insurance essential to building there. WildEarth Guardians’ novel approach in its lawsuit against …
6.8% The overall average rate cut that Florida workers’ compensation insurers are recommending and which state officials said would save employers more than $166 million. If approved, the rate decrease would be the seventh consecutive decline since 2003. 45% The …
Grain Dealers/Main Street Grain Dealers Mutual Insurance Co., an Indiana-domiciled regional property/casualty insurance company, will become an affiliate of Florida-based Main Street America if approved by the Indiana Department of Insurance. Financial terms were not disclosed. Grain Dealers Mutual operates …
A new analysis of government data reveals that more than 28,000 motor carrier companies that operate 200,000 trucks have violated federal safety regulations. The trial bar association, the American Association for Justice (AAJ), said it found commuters are sharing roads …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Waste Operations Program Market Detail: Five Star Specialty Programs’ waste operations program offers a comprehensive …
Regulators Say Fingerprinting Keeps Criminals Out of the Business Don’t be alarmed, but there are convicted criminals roaming around the country acting as insurance producers. They could be robbers, forgers, possibly even rapists. They got their producer licenses in states …
Coastal Caution “This is not a simple issue. It’s an issue that you’ve got to address with great caution.” —Mississippi Insurance Commissioner Mike Chaney telling an Alabama House of Representatives committee that the keys to holding down insurance premiums on …
