July 21, 2006
The Massachusetts Property Insurance Underwriting Association (the Fair Plan) will submit a request for new rates by the end of next week, just under the deadline. Massachusetts Insurance Commissioner Julianne M. Bowler gave the Fair Plan 30 days from June …
July 21, 2006
The Association of Trial Lawyers of America voted this week during its national convention in Seattle to change its name to the American Association for Justice. ATLA leaders say the name more accurately reflects what they do. Of course, the …
July 21, 2006
Damage from a storm in Coleharbor, N.D. has been estimated at just under $2 million, state Insurance Commissioner Jim Poolman says. Officials believe straight-line winds of about 100 mph likely caused the damage on July 12, knocking out power and …
July 21, 2006
The Ohio Bureau of Workers’ Compensation agreed this week to drop its appeal and pay $52 million awarded to injured state employees in a class-action lawsuit. The bureau had argued that state laws prevented workers from being paid twice _ …
July 21, 2006
Allstate Corp. said this week that growth in premiums and stronger property-liability underwriting helped the insurer increase second-quarter profit by 5 percent. The nation’s largest publicly traded home, car and life insurer reported net income of $1.21 billion (euro970 million), …
July 21, 2006
The National Hurricane Center discontinued its tropical storm warning for southeastern Massachusetts and Cape Cod early this morning as Tropical Storm Beryl weakened and moved north toward Nova Scotia. The storm passed through the area with average winds of under …
July 21, 2006
A groundbreaking case that challenges one of the nation’s largest insurers for refusing to cover damage from Hurricane Katrina’s monster storm surge went into the hands of a federal judge on Wednesday. U.S. District Judge L.T. Senter Jr., who presided …
July 21, 2006
Jerry Lee McClelland Jr. has been arrested on one felony count of receiving workers’ compensation benefits for a term longer than he was entitled, according to West Virginia Insurance Commissioner, Jane L. Cline. McClelland, of Collier County, W.Va. was receiving …
July 21, 2006
Federal workplace safety regulators have fined a demolition contractor more than $164,000 for alleged safety violations, including numerous violations at a building collapse in Holyoke, Mass. that killed one worker and seriously injured another. Associated Building Wreckers Inc. of Springfield …
July 21, 2006
A judge striving to be the fairest of them all on Tuesday sentenced to a year in jail a woman who pretended to be a Saudi Arabian princess as she fleeced insurance and credit card companies. It was not a …