Currents

Proponents push plans for natural catastrophe insurance solutions

The need for solutions to address insurance costs and availability in natural catastrophe-vulnerable U.S. coastal regions — including a federal safety net — was the general theme at a public hearing in Mobile, Ala., on Sept. 24. Dozens of concerned …

Mass. consumer groups say auto deregulation plan needs work

A Massachusetts consumer group and Attorney General Martha Coakley urged Insurance Commissioner Nonnie Burnes to incorporate more consumer protections and ban the use of credit scores in her proposed auto insurance deregulation plan at a public hearing. “We all like …

Business cheers as S.C. orders objective workers’ comp standards

South Carolina Gov. Mark Sanford was joined by business groups from across his state when he signed an executive order last month ordering that the Workers’ Compensation Commission apply objective standards when making workers’ compensation awards. The South Carolina Supreme …

Former franchisees challenge Brooke agent dealings

Overland Park, Kan.-based insurance agency franchisor Brooke Corp. has been hit with a number of lawsuits that raise questions about its business dealings with agents who bought into its nationwide operation, which now boasts some 800 locations. Brooke Corp. itself …

Maine cop hit by stolen police car covered

A sheriff’s deputy who was run over by his own police vehicle after it was stolen by a Jefferson man on Christmas five years ago is entitled to compensation from his personal car insurance company, Maine’s highest court ruled. The …

Ky. Gov. Fletcher willing to compromise on medical tort reform

In a blunt assessment, Kentucky Gov. Ernie Fletcher told fellow doctors recently that chances of limiting pain-and-suffering damages in medical malpractice cases are bleak because of resistance from some state lawmakers. The governor expressed a willingness to compromise if he …

Oct. 31 is deadline for insurer review of premium credits in La.

Insurance companies have until Oct. 31 to review the discounts they offer for property insurance policies in Louisiana that don’t cover wind or have high hurricane deductibles, according to a bulletin issued by the Louisiana Department of Insurance. Department officials …

N.J. still tops

New Jersey drivers still pay more for auto insurance than residents of any other state, but the gap is shrinking. According to a study from the National Association of Insurance Commissioners, the average Garden State driver paid $1,184 to insure …

Miss. candidates spar over public service records

The two men running for Mississippi insurance commissioner say encouraging competition is the key to reducing consumer’ costs as the state continues its recovery from Hurricane Katrina. But that’s about where the candidates’ similarities end. During a recent luncheon in …

Former franchisees challenge Brooke agent dealings

Overland Park, Kan.-based insurance agency franchisor Brooke Corp. has been hit with a number of lawsuits that raise questions about its business dealings with agents who bought into its nationwide operation, which now boasts some 800 locations. Brooke Corp. itself …

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