State and Regional News

Delaware Sees 30% Drop in Teen Crashes

A new study has found that crashes involving 16-year-olds in Delaware have dropped 30 percent since the graduated driver’s license law took effect in 1999. The University of Delaware study attributes the drop to more parental supervision and night-driving restrictions. …

Iowa State Study: Clear Strategy Essential in Supply Chain Security

Supply chain management can go a long way in determining the fate of a business. Just ask any businesses that were impacted by the disruption of seafood supply during the BP oil spill in the Gulf of Mexico. And yet …

New York Man Sues Bumble Bee Tuna Alleging Mercury Poisoning

A suburban New York City man has filed a lawsuit that claims he got mercury poisoning from eating 10 cans of tuna a week. Lee Porrazzo, of White Plains, filed the suit against Bumble Bee Foods. He’s asking for unspecified …

Georgia Insurance Commissioner Race: Top Priorities, State Role, Money

One candidate to be Georgia ‘s next insurance commissioner thinks the state should build on its risk management schools to become a national leader in alternative risk transfer innovation. Another wants the state to eliminate its tax on premiums and …

Tennessean Cited for 17 Driving License Violations

A Nov. 17 hearing is set in Cookeville for a Tennessee man cited for driving on a suspended or revoked license 17 times. Forty-one-year-old Fred Burton Adams Jr. of Cookeville was arrested about two weeks ago, and after police checked …

Allstate Looking for 40 New Agency Owners in Michigan

Allstate Insurance Co. said it has launched a recruitment campaign to sign on 40 new agency owners in Michigan by the end of 2011. In addition, the insurer said new and existing Michigan Allstate agencies are projected to hire approximately …

Connecticut Fines American Modern Home for Licensing Violations

Connecticut Insurance Commissioner Thomas R. Sullivan has fined American Modern Home Insurance Co., headquartered in Ohio, $170,000 for violations to state law. Connecticut state law requires individuals sellingl insurance products within the state to be licensed. In addition to licensure, …

NAIC Proposes $75 Million Budget for 2011

The National Association of Insurance Commissioners’ (NAIC) said it began its approval process for its 2011 today, after months of development. The NAIC said its proposed 2011 budget includes total revenues of $75.2 million and total expenses of $75.4 million, …

Insurance Industry Volunteer Week Underway in Tri-State Region

A weeklong insurance community involvement campaign kicked off over the weekend: The Insurance Industry Charitable Foundation’s (IICF) Volunteer Week. Begun on the West Coast 13 years ago, Volunteer Week is new to the New York-New Jersey-Connecticut tri-state region. In the …

Texas Consumer Group: Voters Favor Homeowners Insurance Reform

The Austin-based consumer advocacy group, Texas Watch Foundation, says a statewide public opinion survey revealed that an average of 74 percent of voters are likely to vote for candidates who favor real home insurance reforms The survey, conducted by polling …