Queens, New York District Attorney Richard Brown announced that a Queens electrician has pled guilty to arson as a felony in the April 2002 torching of a Korean minister’s church vehicle outside of Manna Presbyterian Church in Flushing and has …
Many Colorado residents spent this past weekend meeting with their insurance adjusters, getting estimates on new roofs and hail-battered cars. In fact, last week’s two days worth of hail and severe weather will be Colorado’s most expensive storm in nearly …
The American Medical Association is maintaining that Massachusetts has become the 20th state in a “full-blown medical liability crisis” due to its deteriorating medical liability climate and the growing threat of patients’ losing access to care. “The AMA is disheartened …
According to Farmers Insurance Group’s ranking of the Top 25 Most Secure U.S. Places to Live, the most secure location in the U.S. is the Provo-Orem, Utah area. The rankings, compiled by database experts at http://www.bestplaces.net , took into consideration …
Iowa-based EMC Insurance Group Inc. announced that it will strengthen its bulk loss and settlement expense reserves by approximately $2,940,000 in the second quarter of 2004. This increase in reserves will reduce second quarter earnings by approximately $1,910,000 ($0.17 per …
Insurance standardbearer ratings agency A.M. Best Co. has affirmed the financial strength ratings of “A+” (superior) for Progressive Agency Pool, Progressive Direct Pool and United Financial Casualty Co., all based in Mayfield Village, Ohio. These entities previously comprised the Progressive …
Customers could see lower premium rates if Michigan prohibits insurers from offering discounts to people with good credit, the state insurance commission told a state Senate committee. Linda Watters, head of the state Office of Financial and Insurance Services, said …
A staff accountant testified Thursday that she advised Oklahoma Insurance Commissioner Carroll Fisher that it was improper to use a private bank account to handle funds for an education program for insurance agents. The testimony by Nancy Tackett, comptroller at …
The American Insurance Association said it is encouraged by the NAIC’s announcement that it has shared a roadmap it developed to achieve regulatory modernization with U.S. House Financial Services Committee Chairman Michael Oxley (R-OH). “It is imperative that state regulators …
Allenbrook Inc., a leading provider of processing software and consulting services for the P/C industry, and QAS, an international leader in address management software, have announced a partnership agreement aimed at offering insurance carriers “state-of-the-art address verification.” The bulletin indicated …