Senator Christopher Dodd said Thursday that he will present on Monday his own version of a financial reform bill after compromise talks with Senate Republicans broke down. Dodd, the chairman of the Senate Banking Committee, said he will present the …
National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made available in Alabama, Connecticut, Indiana, Iowa, Kansas, Ohio, Mississippi, …
Scrubbing ‘Gotcha’ Clauses “Our goal is to scrub ‘gotcha’ clauses out of insurance contracts before they’re sold to Michigan consumers.” —Michigan Office of Financial and Insurance Regulation Commissioner Ken Ross is requiring insurance companies to submit to OFIR all new …
311 The number of policyholders out of 452 investigated who received a larger discount on their home insurance premium for storm mitigation steps than they should have from Citizens Property Insurance Corp. The state-backed insurer reported that 39 aren’t getting …
Legislation that would give senior drivers in Tennessee a discount on their insurance for taking an online driving course is on Gov. Phil Bredesen’s desk awaiting his signature. The measure, sponsored by Republican Sen. Mike Faulk of Kingsport and supported …
An Army bomb disposal expert who served in the Iraq war is suing the makers of “The Hurt Locker,” claiming the Oscar-nominated film’s lead character is based on him and that they cheated him out of “financial participation” in the …
The Arizona Senate in an 11-11 vote failed to pass a bill that would have banned texting on a cell phone while driving. If it had passed, SB 1334 would have imposed fines of $50 for from operating a motor …
Tennessee officials have charged the two owners of a former nonprofit company that was seized by the state in 2007, along with two others affiliated with the now-defunct firm, in what they say is a multi-million dollar, multi-state insurance annuities …
Legislation that would give senior drivers in Tennessee a discount on their insurance for taking an online driving course is headed to Gov. Phil Bredesen for his consideration. The measure sponsored by Republican Rep. Phillip Johnson of Pegram and supported …
Nearly 1,700 motorists have been cited for speeding in Bluff City, Tenn., since new traffic cameras were installed in December. They are accused of speeding through a 1.3-mile stretch of U.S. 11E that is a 45 mph zone. The citations …
