The New York State Insurance Department is proposing new regulations for no-fault auto insurance coverage in the Empire State, in a move aimed at reducing fraud. “We have to be vigilant in protecting the pocketbooks of consumers,” said Superintendent James …
The Connecticut Supreme Court reinstated a lawsuit brought by the owners of a dump truck involved in a fiery crash in Avon in 2005 that killed four people and injured 11 others. In its decision, the high court overturned a …
Monte Stringer, executive vice president with U.S. Risk Inc. in Dallas, has been elected president of the Texas Surplus Lines Association Inc. for the coming year. Stringer and other new officers and directors of the organization were elected at the …
While one company has gotten out of the business of insuring political campaigns, another is throwing its hat in the ring. Markel Risk Solutions, based in Glen Allen, Va., is offering campaigns a multiline, admitted insurance product that will cover …
In what may be a watershed event for the directors and officers (D&O) insurance industry, the parties to the consolidated federal options backdating-related shareholders’ derivative lawsuit involving Broadcom Corp. have agreed to settle the case for $118 million, to be …
No-fault payments for medical claims by auto accident victims in New York have seen a dramatic increase over the last several years, one industry group says, and the state and insurers must redouble efforts to root out fraud, abuse and …
Alan Ring has joined National Contractors Insurance Co., Inc. (NCIC), a risk retention group, headquartered in Big Fork, Montana, as director of sales and marketing. Ring will be based in NCIC’s Anaheim Hills, California, office. Prior to joining NCIC, Ring …
Alan Ring joined National Contractors Insurance Co. Inc. (NCIC), a risk retention group, headquartered in Big Fork, Mont., as director of sales and marketing. Prior to joining NCIC, Ring was a regional manager for construction-related publications and affiliated online properties, …
Climate change and Doha Round agreements remain doubtful, as last minute efforts to construct a deal all parties can accept remain stymied by national priorities. Although negotiations have been continuing, it now seems as if yet more meeting will be …
Congress has again temporarily extended the federal flood insurance program, this time until Dec. 18, 2009. The latest extension was approved by the House and Senate as part of an appropriations bill for the Department of the Interior. Without the …
