Mississippi Attorney General Jim Hood announced the settlement of the state’s breach of contract suit against State Farm. Hood said the suit was filed after State Farm refused to comply with a January 2007 Hinds County Chancery Court settlement. Due …
The Hanover Insurance Group will acquire Windsor, Connecticut-based specialty insurer AIX Holdings Inc., in a move designed to bolster The Hanover’s product and service capabilities for its agents, the company said. “We are very pleased to add AIX Holdings to …
A.M. Best Co. has assigned a financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” to Florida-based ASI Preferred Insurance Corporation, following the inclusion of the company in the American Strategic Insurance Group (ASI Group). …
Tropical Storm Edouard hit the Texas Gulf coast east of Galveston Aug. 5 with strong winds and heavy rain, but did little more than soak the travelers who came to relax on the tourist town’s beaches. The National Hurricane Center …
Evacuate Wrigley Field and O’Hare Airport because of a summer storm? Unbelievable. Tornado sirens screeching within Chicago city limits–unheard of. Ninety thousand lightening strikes reported by the Chicago Tribune during the peak of this storm? Unprecedented. Chicago and surrounding suburbs, …
A judge has ruled that two teenagers can join a lawsuit against Six Flags Kentucky Kingdom involving an accident last summer that severed a girl’s feet at the amusement park. Jefferson Circuit Court Judge Barry Willett ruled Aug. 1 that …
South Carolina Gov. Mark Sanford backed away from efforts to force the state Workers’ Compensation Commission to accept new injury payment standards, accepting a settlement agreement that would end months of legal wrangling if South Carolina’s highest court approves the …
A Rhode Island man who authorities say had a blood alcohol level more than six times the legal limit has been arraigned on a drunken driving charge. Stanley Kobierowski, of North Providence, appeared briefly in Providence District Court on Friday. …
An annoying person isn’t necessarily a sexual harasser, according to the New Jersey Supreme Court, which earlier this week ruled two women who were students at the Princeton Theological Seminary cannot sue the school for harassment. The high court ruled …
Georgia Insurance Commissioner John W. Oxendine said authorities arrested a Powder Springs insurance agent for allegedly pocketing his clients’ premiums instead of paying insurance companies for coverage. Ellery Butler, 49, is charged with three counts of insurance fraud, Oxendine said. …