Newsbriefs

WORKERS COMP FUND BROKE:

The fund that pays New York injured workers whose workers’ compensation carriers have gone belly up is itself nearly bankrupt,...

GA. PENALIZES UNITED HEALTHCARE

United Health-care Insurance Co. has been fined $5,000 by the Georgia Insurance Commission for withholding records requested by department examiners....

OFFICIALS VOW CAUTION ON DISCLOSURE:

New York Acting Superintendent of Insurance Howard Mills and Sen. James Seward (R-Oneonta), chairman of the Senate Insurance Committee, told...

DEL. TO REQUIRE HO DISCLOSURES:

Delaware Insurance Commissioner Matthew Denn unveiled a new regulation requiring that insurance companies provide prominent annual disclosures to each homeowner’s...

STATE FARM CUTS AUTO RATES:

State Farm Mutual Automobile Insurance Co. is cutting auto rates in Louisiana by 2.1 percent effective Feb. 2 and the...

SUPREME COURT RULES AGAINST UIM STACKING

Illinois’ top court has ruled that the stacking of underinsured-motorist coverage (UIM) was clearly prohibited by two companies’ insurance policies...

WOOLEY HELPS SAVE THE COCONUTS:

The elaborately decorated Mardi Gras coconuts that are traditionally handed to New Orleans parade-watchers by the Zulu Social Aid and...

A CALL FOR LAWSUIT REFORM:

Lt. Gov. Mary Fallin and Senate Republican leaders, joined by several Oklahoma doctors and business leaders, called for meaningful lawsuit...

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