Almost 10 months after it was filed, Massachusetts Insurance Commissioner Julianne M. Bowler on June 30 disapproved the 12.5 percent average homeowners insurance rate increase submitted by the Massachusetts Property Insurance Underwriting Association (known as the Fair Plan). The filing …
The federal government has approved nearly $14 million in grants and loans for New Ham[pshire residents and businesses hit by flooding in May. Since President Bush signed off on a disaster declaration for six of the state’s counties, more than …
Owners of dangerous dogs face tougher penalties and adults who serve booze to underage guests are targeted under new state laws taking effect in Virginia. Although the 2006 General Assembly was dominated by a budget impasse that pushed the state …
The Jackson County, Miss. Port Authority plans to sue its former insurance carrier. Port commissioners have authorized attorney John Hunter to sue Arch Specialty Insurance to try to settle unresolved claims of about $5 million in storm damage to the …
A former Montgomery, W.Va. insurance agent has pleaded guilty to one count of embezzlement. Brenda G. Valentine was scheduled to go to trial in Fayette County Circuit Court June 30 on six felony counts, four of forgery and one each …
Biloxi, Miss. Mayor A.J. Holloway is shopping for a new insurance policy. Last year, the city took out a business interruption policy two months before Hurricane Katrina struck. Under that policy, which was to cover casino tax revenue for up …
More than a year after a father-and-son team from New Zealand were accused of selling bogus automobile policies to taxi and limousine services in Georgia, the father is organizing a class-action lawsuit against the state agency that filed the charges. …
The Department of Insurance has announced it is closely monitoring the activities in South Carolina of Florida Select Insurance Co. activities in the state after Florida placed the company into receivership June 30. “We are working closely with the Florida …
More than 95 percent of the 2.7 million hurricane claims filed as a result of the last two years’ storms have been settled, according to Florida’s Chief Financial Officer Tom Gallagher, in an update on the progress of the Department …
“Forget Me Not Days,” the annual street corner fundraiser of Bankers Life and Casualty Company, has raised more than $130,000 for local chapters of the Alzheimer’s Association. “This is the fourth year of the event and sets new records in …