The Congressional Budget Office released a cost estimate study on Friday for the Fairness in Asbestos Injury Resolution Act (S. 852), stating that the $140 billion asbestos compensation fund being considered by Congress could be too small of an amount …
The state Appellate Court has upheld the license suspension of a Connecticut man identified as a repeat drunken driver after a driving under the infleunce of alcohol (DUI) conviction in Vermont. The appeals court rejected the arguments of Todd Spear, …
AutoOne Insurance, a division of OneBeacon Insurance Group, has named Paul DiFrancesco to the new position of chief operating officer. He will reporting to AutoOne President and CEO Carey Benson. DiFrancesco has 26 years of experience in the insurance industry. …
MASSACHUSETTS Health Insurance Rates Rising: The state’s largest health insurers say most Massachusetts companies and their workers will see increases of 10 percent or more in their health insurance premiums beginning next year. The expected increase would follow five consecutive …
Consumers who initiate a homeowners insurance claim but never receive payment could find that single incident may be used by their insurer to cancel their policy, or raise their premium, under a new claims history model law that is being …
NCOIL Model Addresses Use of Claims, Inquiries in Underwriting Homeowners Consumers who initiate a homeowners insurance claim but never receive payment could find that single incident may be used by their insurer to cancel their policy, or raise their premium, …
A federal jury has awarded Vermont’s insurance commissioner $119.9 million to distribute to creditors of the Ambassador Insurance Co., which failed more than two decades ago. The defendants are accounting giant PricewaterhouseCoopers, which Vermont accused of negligent audits of Ambassador; …
ProMutual Group, the laregst writer of medical malpractice insurance in the Northeast, is expanding its successful patient safety program aimed at reducing the incidence of shoulder dystocia. Shoulder dystocia is a birth complication in which a baby’s shoulder is blocked …
New York would join a growing list of states to repeal laws allowing insurance carriers to deny payment of medical bills for people injured while driving drunk under a measure sent to Gov. George Pataki. Under current state law, doctors …
Willis Group Holdings has appointed Tim Kolojay as senior vice president within the Captive and Actuarial Practice based in Burlington, Vt. Kolojay joins from Insurance Industry Consultants, LLC in Atlanta, Ga., where he served as president. During his tenure, he …
