The Wisconsin Assembly is considering a bill that would prohibit insurers from using credit scoring information to issue or renew auto or property insurance policies. Assembly Bill 278, authored by Rep. Gregg Underheim (R-54th), would prohibit insurers from considering information …
South Carolina State Rep. Shirley Hinson claims a business lobby group has offered her a bribe to support legislation that would reform medical malpractice lawsuits. According to the Associated Press and The Charleston Post and Courier, the Republican from Goose …
According to the National Association of Independent Insurers (NAII), the regular session of the Mississippi legislature adjourned this month, with lawmakers passing a $3.6 billion budget and passing only a few bills relating to property/casualty insurers. “There were 214 bills …
Safeco announced it is taking to the open road with new motorcycle coverage designed to compete in a market that’s growing steadily at an estimated 10 percent a year. The new motorcycle product is being phased in nationally and launched …
The Colorado House passed legislation April 21 that would replace the state’s current no-fault auto insurance system with a tort-based system. Meanwhile, the House is also expected to act later this week on legislation that would attempt to reform the …
The Utah Department of Insurance has modified its proposed rule on credit-based insurance scoring to allow insurers the use of this tool as long as other risk-related factors are considered. The previous draft of the proposed rule conflicted with the …
VFS Insurance Group, the insurance division of the Volvo Group, has added eight states and the District of Columbia to the list of states in which it is licensed to sell insurance, bringing the total to 22 plus D.C. Over …
Nevada Attorney General Brian Sandoval announced that District Court Judge John S. McGroarty sentenced Basheba and Cedric Peoples, both 35, of Las Vegas, for their reported involvement in an internal insurance fraud scheme victimizing California State Automobile Association, CSAA. Both …
A federal court has ruled that insurance carriers not domiciled in Ohio are not bound by a state Supreme Court decision which held that corporate uninsured motorist policies extend to employees and their private vehicles. The Ohio Supreme Court had …
Cincinnati Financial Corp. reported first-quarter 2003 net income of $57 million, or 35 cents per diluted share, compared with $75 million, or 46 cents per share, in the first quarter of 2002. Net income per share included net realized investment …
