A member of a Jackson, Miss. Gulf Coast organization created to support the region’s recovery efforts told lawmakers Tuesday that Mississippi’s insurance crisis could prevent thousands of people from rebuilding their homes. Ron Peresich of the Gulf Coast Business Council …
Campaign finance advocates said it is no surprise that state lawmakers this year passed a wide-ranging bill that property insurance companies like, considering how much money insurers donate to legislative candidates. The help for property insurers follows a decade in …
A lot of Floridians have had this experience: they get word from their homeowners insurance company, call it XYZ Florida Insurance, that their premium’s going up because of huge losses. A couple weeks later, they see a story in the …
Ex-jockey Gary Birzer, paralyzed after a racing accident in West Virginia two years ago, has agreed to settle a $10 million lawsuit against the California-based Jockeys Guild and two former officials who allowed his health insurance to lapse. Neither Detroit …
Northern Capital Insurance Co. will enter the homeowners insurance marketplace in Florida and begin writing policies on or about Aug. 15, according to Wayne Fletcher, president of the Miami, Fla. firm. “Northern Capital Insurance Company is a Florida based corporation …
A New Jersey law protecting nonprofit organizations from negligence lawsuits does not apply to all sex abuse cases, the state Supreme Court ruled. The ruling allows John W. Hardwicke Jr. to continue his lawsuit against the American Boychoir School in …
More than 10,000 individuals, households and businesses have filed claims with the Federal Emergency Management Agency for this spring’s flooding in northeastern Massachusetts that was the worst in 70 years. “It didn’t impact the number of people that Hurricane Katrina …
The designs of passenger vehicles have been improving for years, becoming more protective of their occupants in crashes. Without these improvements, the motor vehicle death rate per registered vehicle would have stopped declining in 1994 and started going up. This …
Delaware Insurance Commissioner Matt Denn has issued a bulletin to property insurance companies telling them to better inform property owners of the option of coverage from the residual market, the FAIR Plan. The bulletin came as the result of notice …
Zurich has named Mike Foley as chief operating officer (COO) for Zurich North America Commercial, to take effect on Sept. 1, 2006. Foley will be responsible for all operating matters related to Zurich North America Commercial’s businesses and functions, including …