October 7, 2010
An insurer specializing in pricey properties is moving into North Carolina with a particular eye toward coastal real estate. Privilege Underwriters Reciprocal Exchange (PURE) offers its homeowners insurance policies for homes worth more than $1 million. Policyholders share the risks …
October 7, 2010
A lawyer representing 10,000 ground zero workers suing New York City over their exposure to World Trade Center dust said Tuesday that 75 percent have signed a settlement resolving their claims and most of the rest have indicated they will …
October 7, 2010
The Oklahoma Department of Insurance issued a bulletin reminding workers’ compensation insurance adjusters they must be licensed to operate in the state. Licensed workers’ comp claims adjusters also must complete six hours of ethics continuing education as part of the …
October 6, 2010
Medical malpractice insurers writing in Florida earned an average return on surplus of 6.6 percent in 2009, their sixth straight profitable year, although their profits were lower than in 2008. That’s one of the news items in the state’s 2010 …
October 6, 2010
Investigators have ruled the blaze that destroyed the Sissonville (West Virginia) Volunteer Fire Department’s main station an accident. Paul Gill, from the state Fire Marshall’s Office, said the blaze started with an electrical fault. But television station WCHS reported Sunday …
October 6, 2010
The Republican running to replace the current insurance commissioner in Oklahoma in the November election is seeking to make increased fees for access to motor vehicle records a campaign issue. During the last legislative session, state lawmakers raised to $25 …
October 6, 2010
Kansas Insurance Commissioner Sandy Praeger has awarded a $1,000 scholarship to a University of Kansas minority student as part of a program established by an insurance company’s discrimination suit settlement. Danyel L. Bell, a senior accounting major at the KU …
October 5, 2010
Washington state fined Tesoro Corp. $2.38 million for an April 2 blast at the company’s Anacortes refinery that killed seven workers, after a state investigation found the explosion could have been avoided. “The bottom line is this tragedy was preventable,” …
October 5, 2010
The Obion County, Tenn. family whose home burned on Sept. 29 while firefighters watched from their truck has insurance to payoff their mortgage but not enough to cover everything lost or to rebuild, according to the family and their insurance …
October 4, 2010
The U.S. Geological Survey says a minor earthquake has hit Virginia. Dale Grant, a geophysicist with the USGS, said the magnitude 3.0 earthquake happened at 4:17 p.m. Saturday. Its epicenter was about 20 miles north of Richmond. Grant said there …