The regulator of Fannie Mae and Freddie Mac will consider suing insurers who charged excessive fees for hazard coverage paid by the two government-owned mortgage companies, an auditor’s report said. Fannie Mae and Freddie Mac could have overpaid about $158 …
Like a driver obligated to use his brakes to prevent hitting a pedestrian in a road, governments have a duty to protect private property with the right laws and regulations, according to a Vanderbilt Law School professor. If a governmental …
Managing general agency and surplus lines broker J.M. Wilson, based in Portage, Mich., promoted Roxanne Barry, to director of property and casualty underwriting. In addition to her role as property and casualty manager at the Michigan office, Barry will also …
United Fire Group Inc., based in Cedar Rapids, Iowa, announced that it expects its second quarter results to include pre-tax catastrophe losses, net of reinsurance, of approximately $20 million to $23 million from spring storms. “Over the last 10 years, …
Arkansas Attorney General Dustin McDaniel filed a lawsuit against a Maumelle man he’s accusing of deceptively marketing chiropractic services to consumers involved in automobile accidents. McDaniel filed the suit in Pulaski County Circuit Court against Roger D. Pleasant, his five …
The New Jersey Senate has failed in its effort to override Gov. Chris Christie’s conditional veto of the Superstorm Sandy “Bill of Rights” legislation. New Jersey Senate President Stephen Sweeney pushed the measure, which was crafted by Democrats who were …
The Pennsylvania House insurance committee held a hearing Monday to examine the insurance coverage implications for consumers who use ridesharing services. Lawmakers said ridesharing companies like Lyft, UberX and Yellow X have begun operating in Pennsylvania’s Allegheny County by linking …
Adam Wise has been promoted to vice president of the brokerage department and Hull & Co. Inc. in the Northwest region. He joined Hull & Company nearly six years ago to spearhead the formation of the brokerage department. Prior to …
Maine officials are encouraging residents to protect their homes against severe summer weather. Maine Gov. Paul LePage and Bureau of Insurance Superintendent Eric Cioppa say that the beginning of the Atlantic hurricane season means that residents should be ready for …
The New York Road Runners (NYRR), a nonprofit group that organizes the annual New York City Marathon, received $15 million in insurance proceeds from Lloyd’s of London for the cancelled New York City marathon in 2012, according to a report …
