Time is quickly running out for the New York State Legislature to reportedly avert a disruption in the state’s property insurance market. At the same time, according to the Independent Insurance Agents Association of New York Inc., lawmakers could also …
Both houses of the Montana Legislature have approved HB 205, the Insurance Department’s bill to amend the state’s Insurance Information and Privacy Protection Act, according to the Alliance of American Insurers. It is anticipated that Gov. Judy Martz (R) will …
Standard & Poor’s has lowered its counterparty credit and financial strength ratings on Attorneys Liability Protection Society Inc., A Risk Retention Group (ALPS) to ‘BBB’ from ‘A-‘ and removed the company from CreditWatch, where it was placed on March 17, …
The Senate Judiciary Committee on Friday passed S. 274, the Class Action Fairness Act of 2003, legislation that would reportedly help rein in out-of-control class action awards by limiting the practice of “venue shopping” and allowing many cases to be …
New Jersey’s Acting Attorney General Peter Harvey announced that three North Jersey men have been charged via separate Passaic County Grand Jury indictments with conspiracy, receiving stolen property and theft by deception. The charges are related to allegations that the …
Frisco, Texas-based Thazar, a Skywire Software Company, announced that Columbia Insurance Group has selected INSsight(TM) to provide enterprise-wide business intelligence. INSsight is an end-to-end business intelligence system exclusively designed for the property/casualty industry. Columbia will utilize INSsight’s data management platform …
Arkansas State Insurance Commissioner Mike Pickens announced that licenses were suspended for five insurance agents who reportedly enrolled Arkansans in a health plan not authorized in the State of Arkansas. The unauthorized plan has left Arkansas consumers with more than …
Strict underwriting controls imposed on the California State Compensation Insurance Fund (SCIF) are one bright spot in a gloomy scene for workers’ compensation writers in the state, according to a new report by Standard & Poor’s Ratings Services. For employers, …
The Alliance of American Insurers (AAI) is commending the U.S. Senate Judiciary Committee for approving the “Class Action Fairness Act” (S 274). This clears the way for full Senate consideration of the measure. “It’s very encouraging to see the Committee’s …
Four subsidiaries of The Progressive Corporation filed a civil suit against First Chiropractic Clinic of Orlando, First Chiropractic Clinic of Pine Hills and its principal, Mirlourdes Beliard-Hopkins, and chiropractors Jodie Ellis and Vincent Rahal. The companies are seeking monetary damages …