Insurance News from May 17, 2011
National News
Toyota Can Be Sued for Reduced Value of Cars, U.S. Judge Rules
Owners of Toyota Motor Corp. vehicles that were recalled over unintended acceleration...
International & Reinsurance News
Best Sees ‘Growing Pressure’ for Higher P/C Insurance Rates
There is "growing pressure" to support increased rates in property/casualty insurance...
East News
Three Convicted in Massachusetts Auto Fraud Ring Case
A Massachusetts jury has returned guilty verdicts against three men — including a...
West News
Gov. Jerry Brown Proposes Eliminating Standards Board, Insurance Advisor
In an effort to save the state about $500,000, California Gov. Jerry Brown has proposed...
Southeast News
Florida Gov. Scott Signs Property Insurance Cost Control Bill
Florida Gov. Rick Scott has signed into law legislation that promises to lower costs...
Texas / South Central News
Oklahoma Returning Federal Funds for Health Insurance Overhaul
The Oklahoma Insurance Department has formally notified federal officials that it is...
Midwest News
State Auto Estimates April Storm Losses of $75M to $85M
State Auto Financial Corp., based in Columbus, Ohio, has estimated its second quarter...