Insurance News from May 11, 2007
National News
NCCI Reiterates “Optimistic but Cautious” Outlook for Workers Comp
The workers compensation calendar year combined ratio stands at 96.5 percent — the...
International & Reinsurance News
HSBC, Aviva/Norwich Union to Create New UK General Insurer
HSBC Bank plc and Norwich Union Insurance, the U.K. operating company of the Aviva...
East News
Stalled AIG Settlement Could Deepen R.I. Budget Deficit
Rhode Island's estimated budget deficit could grow by almost $100 million because of a...
West News
Allstate To Cease Issuing New Homeowners Policies in Calif.
Allstate has announced that as of July 1, 2007, it will stop offering new homeowners...
Southeast News
N.C. Trial Lawyers Accuse Malpractice Insurer of Illegal Rates
An association of trial lawyers has accused North Carolina's largest medical...
Texas / South Central News
La. Commissioner: State Farm to Reopen Katrina and Rita ‘Slab’ Claims
Lousiana Commissioner of Insurance Jim Donelon announced that State Farm has agreed to...
Midwest News
Mo. Levees Key to Preventing More Flooding, National Guard Mobilized
Floodwaters continued to rise across northwest and central Missouri, inundating small...