State and Regional News

Fremont Recommends Use of Hunting Hold Harmless Agreements

Property owners who allow others to hunt deer on their property are advised to use a Hunting Hold Harmless Agreement to help mitigate damages that may result from a claim, according to Fremont Michigan InsuraCorp Inc. Individuals may be exposed …

Illinois Disciplinary Actions Include License Denials, Suspensions, Fines

Illinois Department of Insurance Director of Insurance Michael T. McRaith has issued the following disciplinary orders for September and October 2010: Shango D. Johnson, Chicago – Insurance producer license suspended effective Sept. 8, 2010. Johnson was licensed to sell life, …

Mayor: New Orleans’ Disaster Loans Will Be Forgiven

The City of New Orleans has received word that the federal government is forgiving its $240 million in disaster loans received after Hurricanes Katrina and Rita, Mayor Mitch Landrieu said. Storm-ravaged local government agencies across Louisiana – sheriffs, school boards, …

Texas’ Pronto Insurance Selected as Top Franchise for Minorities

The National Minority Franchising Initiative (NMFI) has included Brownsville, Texas-based Pronto Insurance on its annual list of the “50 Top Franchises for Minorities.” The NMFI selected 50 franchisors from hundreds of companies requesting evaluation for inclusion in the article. There …

Myrtle Beach Suing Hotels for Risking City’s Flood Insurance Coverage

The city of Myrtle Beach is suing 11 hotels to make them remove their swimming pool enclosures. The Sun News of Myrtle Beach reported the federal suit filed last week contends the enclosures violate federal rules, risking the city’s coverage …

Judge Limits D.C. Metro’s Liability in Fatal Crash

A judge has limited the potential liability of the public transit agency in the District of Columbia in a suit brought by survivors of those killed in the 2009 crash on the Metro red line by ruling that the transit …

Workers’ Compensation Fees Would Cost New York Drivers, Insurers Warn

Proposed 30 percent increases in what medical providers in New York are paid for treating workers’ compensation injuries could have unintended consequences for the state’s motorists, an industry group has warned In a letter to the New York State Workers …

Florida Attracts 3 More Reinsurers Under Lower Collateral Rule

Florida insurance officials have agreed that three Bermuda-based reinsurers can participate in Florida’s insurance marketplace without having to post millions of dollars in extra collateral. The Office of Insurance Regulation’s (OIR) agreements are with Ace Tempest Reinsurance Ltd., Hiscox Insurance …

Sept. 11 Workers Face Deadline for Health Settlement

Thousands of laborers, police officers and firefighters suing New York City over their exposure to toxic World Trade Center dust have until Monday to decide whether to join a legal settlement that could ultimately pay them as much as $815 …

Regulators Tell New York Agents How to Reveal Their Commissions

New York regulators have finalized guidelines for how agents and brokers are to reveal to clients their commissions, but at least one trade group says any changes to the rules thus far have been “underwhelming.” The department released a new …