The National Insurance Crime Bureau (NICB) reported this week that for calendar year 2004, California has once again set the pace for auto theft. Seven of the nation’s top 10 areas with the highest vehicle theft rates are in California. …
The Federal Emergency Management Agency (FEMA) has approved more than $10 million in disaster aid to the State of New York to help fund recovery efforts in several New York counties and local jurisdictions following storms and floods in early …
The Principal Financial Group is offering a new life product, Principal Universal Life (UL) Protector II, which provides guaranteed death benefit protection for individuals’ businesses or personal estates. Principal UL Protector II gives individuals choices in guaranteed death benefit protection …
American Family Insurance of Madison, Wisc., which insures about one of every four homes in Wisconsin, has $10.3 million in claims and expects that figure to increase to $12 million. American Family reported receiving 320 claims through yesterday afternoon. It …
Texas Insurance Commissioner Mike Geeslin released a bulletin summarizing changes in enforcement procedures for the state’s workers’ compensation system that become effective Sept. 1, 2005. House Bill 7 (HB 7) sets forth the regulatory oversight and enforcement authority of the …
Insurance companies formerly insuring Jacksonville, Fla. will pay $50 million, while the city will pay $25 million, in the $75 million settlement of a class-action lawsuit filed in 2003 by local residents. The city has settled the lawsuit which claims …
Larry Chase has been promoted to vice president-Strategic Solutions, for BrightClaim Inc. of Atlanta. His responsibilities include BrightNET, BrightClaim’s network of credentialed claims professionals, and the management of projects and development of business processes that enable the fulfillment of BrightClaim’s …
Devastating fires in Portugal; torrential rains in Switzerland, Austria and Romania; drought in much of France – the list of extreme weather conditions continues to grow in Europe. No contrast is more vivid than scenes of uncontrolled forest fires raging …
According to a report from Japan’s Kyodo news agency, the country’s pet owners may soon be able to take out insurance coverage for the cost of medical treatment for injured or ill pets. Pet coverage, while fairly common in the …
Acting New Jersey Gov. Richard J. Codey this week signed legislation to prohibit smoking in public and private college and university dormitories. “Today we are creating safer, healthier residence halls,” Codey said. “Prohibiting smoking greatly reduces the risk of fires …