State and Regional News

Rates Rising But Florida Home Insurers Report Still Losing Money

Many Florida homeowners expected relief from the higher property insurance bills that followed the busy 2004 and 2005 hurricane seasons. But more than 4 million homeowners are about to get hit by rate hikes and disappearing coverage. State regulators have …

Michigan Township’s Fight Over Cottage Costs Insurer, Taxpayers

The resistance by one community in Michigan’s rural Thumb to a couple’s plans to renovate the Lake Huron shoreline cottage has led to an $860,000 federal court damage award against the township. The $100,000 limit on Worth Township’s liability insurance …

Another Freeze Hits Florida Citrus Growers

An overnight freeze hit several central Florida citrus growing areas, icing up fruit and raising fears of damage to the leaves and small twigs of trees, growers said Tuesday. It was the second significant hard freeze to maul orange and …

Contractor’s Blow Torch Starts $2M Fire at D.C. School

Interim D.C. Schools Chancellor Kaya Henderson says damage to a northwest Washington school is severe after a three-alarm fire, and plans are being made to move students elsewhere when they return in January. D.C. Fire Department spokesman Pete Piringer says …

New York City Ponders Benefits of Pay As You Drive Insurance

New York City is considering whether pay-as-you-drive auto insurance could reduce congestion and pollution in the Big Apple. The city’s department of transportation has issued a request for expressions of interest inviting vendors to submit information about pay-as-you-drive insurance policy …

Gay Miner Suing Massey West Virgina Unit Charges Harassment

A gay coal miner is suing a Massey Energy Co. subsidiary, charging that management didn’t protect him from abusive co-workers. The lawsuit names Massey’s Spartan Mining Co. and a foreman at a Kanawha County mine as defendants. Miner Sam Hall …

Mistrial Ruled After Arkansas Doctor Accused of Malpractice Treats Juror

An Arkansas medical malpractice lawsuit ended in mistrial in federal court in Jonesboro when the doctor being sued treated an ill juror in the courtroom in front of other jurors. The Jonesboro Sun reported that the juror became ill during …

Missouri Bank Sues Over Hacker

A Springfield, Missouri escrow company has filed a lawsuit against BancorpSouth Bank, accusing the bank of failing to prevent a hacker from stealing $440,000 from the escrow company. Jim Payne, owner of Choice Escrow and Land Title, told The Springfield …

TSLA, IIAA Continue Tradition of Giving to Austin Food Bank

The Independent Insurance Agents of Austin and the Texas Surplus Lines Association Inc. joined efforts recently to collect food and money for the Capital Area Food Bank located in Austin, Texas. A total of $300 was collected in cash from …

AIG to Pay States $146 Million In Workers Compensation Settlement

American International Group Inc. (AIG) has agreed to pay $146.5 million in fines and additional taxes to state insurance regulators for alleged under-reporting of premiums to states more than a decade ago. The company will pay $100 million in penalties …