Warmer weather brings more than just tourists to South Dakota every spring and summer; it also draws transient vendors who converge on the state to sell their products and services. The South Dakota Department of Revenue and Regulation said although …
Florida TaxWatch President & CEO Dominic Calabro said today that he supports Chief Financial Officer Tom Gallagher and state lawmakers in their efforts to increase the availability of homeowners insurance through changes to the Florida’s Hurricane Catastrophe (Cat) Fund. The …
North Dakota Gov. John Hoeven announced that representatives from the Federal Emergency Management Agency (FEMA) joined local and state officials in compiling a Preliminary Damage Assessment (PDA) report on areas affected by recent flooding in the northeastern part of the …
Standard & Poor’s has recently enhanced its criteria for evaluating the loss reserves of global reinsurance groups and certain non-U.S. insurance groups writing casualty business, according to a recently published report. Loss reserving for property/casualty reinsurance and insurance groups has …
Arizona Attorney General Terry Goddard is warning Arizonans to look out for fraudulent construction or paving companies offering residential asphalt paving services. The scam reportedly works like this: A representative from a company known as “Travelers,” stops at a house …
Maryland Attorney General J. Joseph Curran, Jr. announced settlements with 10 defendants and four other individuals of an antitrust lawsuit that alleged that stamp dealers conspired for a period of nearly 20 years to rig bids at stamp auctions. One …
The National Association of Mutual Insurance Companies (NAMIC), the Property Casualty Insurers Association of America (PCI), and the Reinsurance Association of America (RAA) late Thursday issued a joint statement in response to “The Fairness in Asbestos Injury and Resolution Act …
Oklahoma State Rep. Fred Perry (R-Tulsa), senior member of the Tulsa House delegation, expressed concern that no House members from the Tulsa area are on the Tort Reform Joint Conference Committee. According to the House Media Division, Perry pointed out …
The National Association of Professional Insurance Agents (PIA) has wrapped up two weeks of visits to Capitol Hill pressing for reauthorization of the federal flood insurance program. On April 8, PIA met with staff of the Senate Banking Committee Subcommittee …
The American Insurance Association (AIA) on Thursday issued a statement in response to the introduction of ABX4 16. This measure would reportedly impose a new rate regulation scheme on workers’ compensation carriers in California. According to Nicole Mahrt, director of …