June 30, 2008
Markel American Insurance Co. launched a new renter’s protection insurance program. The program provides tenant homeowners coverage on a broader form than the standard HO-4 renter’s policy and provides many options to increase coverage as well as the limits within …
June 30, 2008
New York’s top court has ordered the release of insurance company reports showing automobile policies broken down by zip code so Brooklyn officials can determine whether neighborhoods were deemed high-risk and avoided through “redlining.” The Court of Appeals concluded that …
June 30, 2008
The Texas Department of Insurance Division of Workers’ Compensation has determined that any interest or discount provided for in the state’s Workers’ Compensation Act shall be at the rate of 6.18 percent. This rate is computed by using the treasury …
June 30, 2008
Missouri Gov. Matt Blunt and the Department of Insurance, Financial Institutions and Professional Registration (DIFP) called on insurance companies to provide maximum consideration to flood victims in the coming days. Missouri joins Illinois, Iowa and Indiana in asking insurers to …
June 30, 2008
University of Wisconsin Hospital officials say a 6-year-old boy with a life-threatening kidney disease may have been infected while playing in contaminated floodwater. Dr. Ellen Wald says the child has been on dialysis and in intensive care since Sunday. She …
June 30, 2008
Iowa Gov. Chet Culver on June 27 announced the creation of a 15-member task force that will focus on rebuilding after this month’s record flooding. Culver said the disaster is one of the 10 worst in the nation’s history and …
June 30, 2008
ISO Executive Vice President Scott G. Stephenson has been named chief operating officer for the company. In his new position, Stephenson will oversee ISO’s diverse subsidiaries focused on decision analytics and its business development and enterprise data management units. He …
June 30, 2008
Farmhouses appear to float on lakes, and farmers use boats to get to their barns. Businesses are shuttered as flooded roadways cut off customers. Rail lines, factories, river locks are shut down. Homeowners, who watched and waited and prayed, have …
June 30, 2008
“Given the great interdependence of the unit owners in the stacked unit condominium situation, mandating property insurance for the entire building is the preferable approach.” This one explanatory sentence from the Uniform Condominium Act of 1980 forever transformed condominium association …
June 30, 2008
A high-profile Mississippi lawyer, who became unpopular on Wall Street for battling powerful companies, was sentenced to five years in prison Friday after pleading guilty to conspiring to bribe a judge. Richard “Dickie” Scruggs made millions through landmark lawsuits against …