The 4th Circuit Court of Appeals tossed out the $35 million settlement of two class action lawsuits against Louisiana Citizens Property Insurance Corp., saying the deal was not fair to some policyholders. The appellate court ruling could prove costly to …
A prohibition against insurance companies dropping coverage for homes or businesses that contain corrosive, Chinese-made drywall has advanced in the Louisiana Senate. The bill by Sen. Julie Quinn, R-Metairie, would bar property insurers from canceling, refusing to renew, or increasing …
Reno, Nev.-based Employers Holdings Inc., whose subsidiaries are specialty providers of workers’ compensation insurance focused on small businesses, will review the company’s first quarter 2010 financial results during a conference call and Web cast Thursday, May 6, 2010, at 10:30 …
Fraud bills are blooming like azalea bushes around the East this spring, and statehouses are rife with upside potential for substantive new fraud laws in 2010. This counters the recent logic that many state lawmakers are too busy trying to …
Relatives of a Baltimore fire department recruit who died during a live-burn exercise have filed a $35 million lawsuit against the city. Racheal Wilson died in February 2007 after becoming trapped inside a vacant rowhouse that the department set on …
Vermont’s Department of Labor says companies enrolled in a state voluntary worker safety program have fewer reports of job-site injuries and illnesses than the national average. The Burlington Free Press reports two performance measures are tracked: the work site’s total …
A small community of Mennonites in south Georgia is close to winning the right to insure itself rather than using auto plans required by the state. A bill allowing the 100-member community to self-insure rather than buy car insurance — …
Alabama-based insurer Infinity Property and Casualty Corp. has promoted two execs. Ralph Gravelle has been promoted to senior vice president and chief information officer. Gravelle began his career with Infinity in 1986 as an entry-level programmer. Over the past 25 …
The Washington Legislature has approved a bill that would shift $10 million from the state’s Office of Insurance Commissioner Regulatory Account to the State General Fund — a move that insurers oppose. Legislators decided in Senate Bill 6444 to shift …
Oregon’s Insurance Division announced there will be a delay in processing producer license applications due to a delay in resident fingerprint processing. “We have been notified that the FBI will not be processing non-criminal fingerprints from April 28, 2010 through …
