Florida’s valued policy law means property insurance companies are only responsible for actual damages caused by perils that are specifically cited in the policy, the Florida Supreme Court has affirmed in a key decision. Plaintiffs in the case, who had …
Overland Park, Kan.-based insurance agency franchisor Brooke Corp. has been hit with a number of lawsuits that raise questions about its business dealings with agents who bought into its nationwide operation, which now boasts some 800 locations. Brooke Corp. itself …
Florida’s insurance agents are advising consumers seeking coverage from Citizens Property Insurance Corp. to proceed cautiously, especially for those making comparisons with the private market. Coverage in the state insurer of last resort may not always be the wisest choice …
The Louisiana Department of Insurance investigated complaints against Brooke Corp. from former franchisees in that state and cleared the company of all wrongdoing except for a few minor licensing snafus. The allegations included charges Brooke does not fully disclose the …
Kentucky Gov. Ernie Fletcher has won a national award for historic highway safety measures that have resulted in a decrease in traffic fatalities in Kentucky. Fletcher received the 2007 Peter K. O’Rourke Special Achievement Award, the highest award of the …
A Massachusetts consumer group and Attorney General Martha Coakley urged Insurance Commissioner Nonnie Burnes to incorporate more consumer protections and ban the use of credit scores in her proposed auto insurance deregulation plan at a public hearing. “We all like …
Mississippi trial lawyer Richard Scruggs has asked a federal judge to throw out a charge accusing him of criminal contempt in a dispute related to insurance claims after Hurricane Katrina. In court papers, attorneys for Scruggs and his law firm …
A sheriff’s deputy who was run over by his own police vehicle after it was stolen by a Jefferson man on Christmas five years ago is entitled to compensation from his personal car insurance company, Maine’s highest court ruled. The …
West Virginia registration of out-of-state vehicles jumped 10 percent during a recent tax amnesty period, but officials don’t know for certain whether the increase was spurred by the opportunity to avoid paying a privilege tax. The state Division of Motor …
New Jersey drivers still pay more for auto insurance than residents of any other state, but the gap is shrinking. According to a study from the National Association of Insurance Commissioners, the average Garden State driver paid $1,184 to insure …
