The National Association of Insurance Commissioners (NAIC) welcomed 13 regulators from China, India, Korea, Lebanon, Republic of Srpska and Thailand to its International Internship Program for Education and Regulatory Cooperation. The fall program kicks off in Kansas City, Missouri this …
A surprise inspection has turned up serious safety violations that could have caused an explosion at another Massey Energy Co. coal mine in West Virginia, the federal Mine Safety and Health Administration announced last week. Inspectors caught Massey illegally cutting …
Insurers are thanking their lucky stars, that for the third year in a row, California Gov. Arnold Schwarzenegger’s proposal to impose a 4.8 percent statewide surcharge on all residential and commercial property insurance premiums for fire suppression efforts did not …
The Wisconsin regulator for Ambac Financial Group has filed a plan to wind down the more than $50 billion remaining of insurance policies related to securities that it seized in March. Under the plan, holders of allowed claims will receive …
A southern Kentucky jury ordered a funeral home to pay $165,000 to a family after an employee misrepresented the condition of a body after the facility caught on fire. The jury in Christian County Circuit Court heard a day and …
Florida Insurance Commissioner Kevin McCarty has approved additional rate increases for state-backed Citizens Property Insurance Corp. The latest round affects condominium associations, commercial buildings, rental properties and other structures. Commercial nonresidential rates in high-risk coastal areas will rise by 9.9 …
Authorities say eight fires in 16 hours in Manchester, New Hampshire were arson. Fire officials say they started Saturday afternoon and ended Sunday. No injuries or serious damage have been reported. District Fire Chief Robert Corbeil tells the Union Leader …
Oklahoma authorities say a trend has developed of home burglaries following a visit by a door-to-door salesman. Nearly a dozen communities have been hit. Garfield County sheriff’s deputies told Oklahoma City television station KFOR that the salesman uses a high-pressure …
A big drop in the size and amount of payouts from Pennsylvania’s Mcare fund show that the state’s medical malpractice climate is improving, Gov. Edward Rendell said. Over the last seven years, Mcare —which provides the catastrophic level of insurance …
Five more insurers have reached settlements with the state of Massachusetts over allegations they charged inflated premiums for motorcycle insurance, the state’ attorney general said. The latest settlements with Arbella Mutual, Hanover, OneBeacon (Mass. Homeland), National Grange Mutual and Norfolk …
