It’s been more than two weeks since Tennessee lawmakers vowed to press ahead with a compromise over medical malpractice lawsuits without support from health care lobbyists. The measure hasn’t advanced much since then. House Judiciary Chairman Rob Briley said frustration …
U.S. Sen. Trent Lott, R-Miss., who sued State Farm Fire and Casualty Co. for refusing to cover Hurricane Katrina’s damage to his Gulf Coast home, said last week that he is weighing a settlement offer from the company but hasn’t …
Restaurant chain Cracker Barrel is suing two of its insurance carriers, claiming they did not reimburse the company after it settled sexual and racial harassment claims for $2 million. The lawsuit filed last week in U.S. District Court in Nashville …
Two insurance industry experts and a former state insurance department general counsel are the newest appointments to the Citizens Property Insurance Corp. board of governors. Andrea “Andy” Bennett, owner of a Sarasota consulting company specializing in insurance regulatory issues, and …
A Canadian man has been extradited to the U.S. to face trial on charges that he swindled $7 million from the victims of a fraudulent commercial insurance policy scheme, Acting New York Insurance Superintendent Eric R. Dinallo announced. Ian Stuart-Smith, …
A state-run insurance program has been expanded slightly to provide relief for some coastal homeowners grappling with skyrocketing premiums, and Gov. Mark Sanford and other lawmakers promised a tax-incentive plan to help, too. The state-run program, known as the wind …
Associated Industries of Florida is urging the state’s insurance officials and budget leaders to proceed with caution as they work toward the overhauling of Citizens Property Insurance Corp. Citizens plans to expand the types of coverage it can provide. Before …
A severe pandemic flu outbreak could result in the second-worst recession in the United States since World War II, with the gross domestic product dropping more than 5.5 percent, according to a report recently published by Trust for America’s Health. …
A recent San Diego Superior Court ruling serves as a potential warning to legal malpractice insurers to review policy language to ensure their claims made policies can’t be more broadly construed as occurrence policies. In a ruling handed down in …
Texas State Rep. Helen Giddings announced that four bills she sponsored that deal with workers’ compensation and identity theft passed the House of Representatives and will proceed to the Senate. The first of the four bills to pass, HB 886, …