May 28, 2010
Massachusetts Attorney General Martha Coakley is proposing new regulations that she says will rein in sales and underwriting practices for auto insurers and agents in the state. The regulations come in response to a report issued by her office last …
May 28, 2010
Ag States Group, the insurance subsidiary of CHS Inc., a Fortune 100 energy, grains and foods company, has been honored as Agency of the Year by the Minnesota Independent Insurance Agents and Brokers (MIIAB) association. In the presentation of the …
May 28, 2010
Legislation designed to improve Oklahoma’s workers’ compensation system for injured workers and reduce costs for the state’s employers has passed the House of Representatives. The four bills comprise a bipartisan agreement that was negotiated over the course of this legislative …
May 28, 2010
Legislation that would allow law enforcement in Oklahoma to impound uninsured vehicles is one step away from becoming law. House Bill 2331, by state Rep. Steve Martin and state Sen. Gary Stanislawski, passed the Oklahoma House of Representatives 93-3 and …
May 28, 2010
The Ohio Department of Insurance has revoked the licenses of two troubled insurance companies: Imperial Casualty and Indemnity Co. of Oklahoma City, Okla., and Atlantic Mutual Insurance Co. (AMIC) of New York, N.Y. In March 2010, the District Court of …
May 28, 2010
California workers’ compensation medical payments are increasing and have moved back above pre-reform levels, according to a new study by the Califonria Workers’ Compensation Insitute. CWCI research that measures changes in California workers’ compensation medical expense payments from 2002 through …
May 28, 2010
The median six-month auto insurance rate in Oregon has decreased approximately 4.3 percent over the past six months to reach $577 according to InsWeb, an online insurance comparison provider. InsWeb also reported Oregon median auto insurance rates segmented by specific …
May 28, 2010
An aviation firm that parks planes at an airport in New Jersey is not liable for damages to an aircraft struck by the car of sleeping driver, a state appeals court has ruled. The suit stemmed from a 2006 incident …
May 28, 2010
Dealing with the worst oil disaster in U.S. history could be BP Plc’s biggest nightmare, and Texas lawyer Brent Coon intends to make it haunt them for a very long time. The 50-year-old Southeast Texan plays guitar in a rock …
May 28, 2010
A new nonprofit insurance producer association has formed in California. The Insurance Agents & Brokers Association of California said it is unlike any producer association in the state as it will be completely managed by fellow agents and brokers. The …