Consumers need a better understanding of insurance issues specific to their unique situations. Special relationships deserve protection, too. That’s the assessment of the National Association of Insurance Commissioners, which has doubts about the insurance protections afforded and being purchased by …
State regulators told Congress that more study of credit scoring use by insurance companies is needed to determine if the practice is unfairly discriminatory. “As state regulators, it is our sincere desire that the federal government assist, not detract, from …
An insurance company unreasonably failed to pay for wind and other damage from Hurricane Katrina and must pay more than $21 million to the owner of a New Orleans grocery chain, a federal jury has found. “It’s the biggest Katrina …
$40,000 A nude maid is accused of stealing more than $40,000 in jewelry from a Florida man’s home. The 50-year-old man hired the maid —who charged $100 per hour and took off her clothing when she arrived at the home …
He’s No Devil “They say I’m the devil and I’ve been bought off. It’s absolutely not true.” —Oklahoma Rep. Ron Peterson, R-Broken Arrow, a former independent insurance agent, announcing he won’t run for his state representative’s post again. Peterson came …
Well before the June 1 start of hurricane season claims costs from weather related damages were on a steady climb across the South Central states of Arkansas, Oklahoma, Texas and Louisiana. Late May, early June hailstorms in central Oklahoma likely …
Regional and Specialty Carriers Are Critically Important Carriers in the Marketplace This year, 2008 marks the second year that Demotech, Inc., as Insurance Journal‘s Official Research Partner, has published our Company Classification System, including the list of Super Regional Property/Casulaty …
They May Help the Public Think About Upcoming Storms But Forecasts Have Been Largely Misused by National Media, Says One Expert Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast …
People Dallas-based Colemont Insurance Brokers promoted Su Young to vice president in Colemont’s Texas office. Young joined Colemont in 2001 as part of the Texas financial services team and is located in Houston. She specializes in D&O, employment practices, fiduciary, …
Corporations Exposed to Liability for Greenhouse Gas Emissions The industry is about to enter an era of global warming insurance claims. Scientists have been warning about the impact global warming could have if greenhouse gas emissions are not reduced. Because …
