The Association of California Insurance Companies (ACIC) is opposing legislation that would require homeowner policies to insure – and accept the liability – of all dogs and every breed, regardless of their vicious propensities. “Each year an alarming number of …
New Jersey insurance officials, after reviewing their own test and the results in other states, have decided to permit the use of credit scores in the rating of private passenger auto policies by all insurers. Last year, the Department of …
The 9.5 percent increase in workers’ compensation insurance rates imposed April 30 and effective July 1 is only an average. The range of change depends on the danger of the jobs and employers’ safety records: Farm and ranch employers can …
A bill that would give agents the flexibility to place certain auto insurance business with surplus line carriers instead of the state’s auto insurance plan passed the Illinois House Insurance Committee 14-0 last week. The bill has already passed the …
The state could be liable for $584,000 in workers’ compensation claims because the 2003 Legislature stripped $18 million out of the insurance fund that covers workers injured on the job before 1990, officials say. The $18 million was taken from …
A spokeswoman for embattled Chicago broker Michael Segal said the Near North National Group CEO has no connection to and does not condone the recently launched SegalSupport.com Web site. Segal is currently on trial in federal court on mail fraud …
Insurance Services Office Inc. (ISO) has asked state regulators to approve conditional commercial policy contract language to address terrorism coverage should Congress not extend the federal terrorism insurance backstop beyond its Dec. 31, 2005, “hard ending.” Congressional action to extend, …
Florida Chief Financial Officer Tom Gallagher commended state lawmakers for approving legislation, Senate Bill 2488, that will increase the availability of homeowners insurance through changes to the Florida’s Hurricane Catastrophe (Cat) Fund. The Cat Fund was created after Hurricane Andrew …
The American Insurance Association (AIA) is urging Connecticut Gov. John Rowland (R) to sign the legislation (HB 5200) passed on April 30 by the state legislature to create a terrorism exclusion in the Standard Fire Policy (SFP). “This change will …
California Insurance Wholesalers Association has a new venue for its annual meeting. The meeting will take place at the Pan Pacific Hotel at 500 Post Street in San Francisco on June 17 and June 18. The schedule is as follows: …
