Policyholders defrauded by an insurance agent who killed herself in late March will be getting their premiums back in full, in a settlement of the largest insurance premium fraud cause in North Dakota history. Insurance Commissioner Jim Poolman on Friday, …
A.M. Best Co. has released a list of ratings on a number of Canadian P/C insurers, based on publicly available financial information. “These ratings are based solely upon public information and present the most informed view A.M. Best can offer, …
Standard & Poor’s Ratings Services’ Insurance 2007 conference, held June 3-5 in New York City, has yielded some valuable advice from three industry leaders on how to properly employ models. S&P noted that the increasing use of predictive modeling tools …
Six Flags and Cedar Fair shut down eight more thrill rides around North America on Friday after a teenage girl’s feet were sliced off during a ride in Kentucky. State inspectors were at the Six Flags Kentucky Kingdom to examine …
The furniture store blaze that killed nine Charleston, S.C. city firefighters started on a loading dock, federal investigators said. The loading dock was a covered space between the showroom and the warehouse of the Sofa Super Store, which burned on …
Just weeks after announcing an automobile insurance rate decrease, State Farm Insurance, the largest insurance provider in West Virginia, says it also will lower rates statewide for home insurance. The average West Virginia policyholder will see a rate decrease of …
Virginia State Police are using digital cameras that can scan highways and parking lots for hot cars and stolen license plates. Using the digital images, police can compare the plates against any database of license plates: those associated with fugitives, …
The U.S. Supreme Court last Thursday imposed a strict standard that investors must meet to keep alive their lawsuits alleging securities fraud. In an 8-1 decision, the justices said that courts must weigh possible innocent explanations for defendants’ conduct at …
Latest statistics show a record 34 fire deaths occurred in Mississippi this year, an average of at least 5 a month, according to state officials. Commissioner of Insurance and State Fire Marshal George Dale will join an estimated 300 local, …
A highly anticipated workers compensation reform package is a victory for South Carolina workers, the business community and the insurance industry but it still lacks some integral components necessary to achieve the desired cost saving for employers, according to the …