In a surprise move, the West Virginia Senate Finance Committee speeded up its consideration of a third-party bad faith reform bill, quickly approving the bill and sending it to the Senate for a full vote by midweek, according to the …
Advances in technology in the form of Electronic Data Recorders (EDRs) installed in vehicles, which record “crash-pulse” data on how specific vehicle equipment or systems operate right before a collision, can benefit drivers, law enforcement officials, traffic officials, vehicle manufacturers, …
At the upcoming Property Loss Research Bureau’s (PLRB’s) 2005 Crossroads Claims Conference, which will be held on April 17-20, at the Marriott Rivercenter & Riverwalk in San Antonio, Texas, IMACC President Pat Harmon, will give two presentations that will give …
Alisa Louise Yates, 21, and her husband, Gregory Daniel Yates, 25, both of Buttonwillow, were taken into custody last week as a result of investigations by the California Highway Patrol (CHP), the California Department of Insurance’s Fraud Division, and the …
Disaster assistance has been expanded in five counties to include aid for homeowners, renters and business owners affected by the recent winter storms and flooding in Ohio, federal and state recovery officials announced. With this amendment to the presidential disaster …
Tom Gallagher, Florida’s CEO and House Insurance Committee Chair Rep. Dennis A. Ross, R-Lakeland, listened intently to an array of hurricane-related complaints – from families with nowhere to live to homeowners with $500 swimming pool repairs — at the March …
A national insurance consulting firm said a Republican-backed workers’ compensation reform plan for Oklahoma would reduce costs by up to $100 million more than a competing plan supported by Democratic Gov. Brad Henry, the Associated Press reported. A spokesman for …
A Gretna, La., man has admitted plotting to have his hunting camp in Mississippi burned for insurance money, and agreed to testify against two men accused of torching the Plaquemines Parish Courthouse to destroy evidence, according to the Associated Press. …
Oil Insurance Limited (OIL), the Bermuda-based mutual company, which currently insures 83 energy companies, was heavily impacted by 2004’s hurricanes, especially Ivan. The storm’s “slow track across the Gulf of Mexico proved to be the costliest hurricane ever for the …
Standard & Poor’s Ratings Services announced that it has revised its outlook on U.K.-based non-life insurers AXA Insurance U.K. PLC and AXA General Insurance Ltd.–collectively known as AXAI–to stable from negative, “reflecting improving operating performance and capitalization.” S&P also affirmed …