Liberty International Underwriters, a division of Liberty Mutual Group, now offers general liability products out of its Los Angeles office. Heading up the Los Angeles operation’s general liability office is Vice President C.J. Johnson, formerly with Ace. “C.J. has been …
A.M. Best Co. has affirmed the financial strength rating of “A”- (Excellent) and the issuer credit rating of “a-” of Hong Kong-based Wing Lung Insurance Company Limited (WLI) with a stable outlook. “The ratings reflect WLI’s adequate capitalization, consistent positive …
A former employee of Covington Country Club in Covington, La., who burned down its temporary clubhouse has been sentenced to just under six years in federal prison. In addition to the 70-month term, William A. Tarpein, 28, of Covington was …
Siding with consumer groups and state regulators, a state judge on Feb. 15 threw out a lawsuit that challenged rules requiring auto insurers to base their rates primarily on drivers’ records instead of where they live. Superior Court Judge Loren …
A federal judge in Texas has given final approval to a class-action settlement in a case accusing Allstate Corp. of discriminating against minority policyholders by using credit reports to set rates. U.S. District Judge Fred Biery approved the settlement, saying …
The first federal trial in New Orleans in the wave of insurance litigation spawned by Hurricane Katrina ended abruptly Feb. 15 when a couple suing Allstate Indemnity Co. dropped their lawsuit amid allegations they misrepresented their claims. Lawrence and Elizabeth …
Patients and health insurance providers could save at least $71 billion over 10 years if there were a regulatory mechanism that allowed for the marketing of generic biotech medicines, according to a new study. Currently there is no legal pathway …
A Montana state bill (H.B. 542) modeled after the federal “Military Personnel Financial Services Protection Act” (S. 418) was tabled in the Montana House Business and Labor Committee, chaired by Rep. Scott Mendenhall (HD 77). The bill was tabled along …
The sign-up fee to attend the annual Arkansas Workers’ Compensation Educational Conference has a discounted rate for early registration through March 15, the Arkansas Workers’ Compensation Commission announced. This conference, to be held April 4 – 6 in Hot Springs …
A recent survey by firefighters in Farmers Branch, Texas, found that one third of the smoke alarms they tested inside homes didn’t work. The Insurance Council of Texas (ICT) reported that the firefighters said most of the homeowners had no …