Newsbriefs

OIL SPILL LIABILITY RAISED:

Acting Gov. Richard J. Codey has signed legislation increasing liability limits for owners and operators of vessels that discharge hazardous...

AGENTS BACK EXPENSE FORMULA:

The Professional Insurance Agents of New Jersey Inc. recently supported the New Jersey Department of Banking and Insurance’s proposal to...

SCID RISKS, RATES, EXPERT RESIGNS

Dean Kruger, the South Carolina Insurance Department’s chief expert on risks and rates, was asked to resign after he criticized...

LEADER IN DEER CRASHES:

Pennsylvania motorists are reporting more deer-vehicle collisions than any other state. More than 150 people are killed each year in...

PCI APPLAUDS GOVERNOR

The Property Casualty Insurers Association of America has applauded West Virginia Gov. Joe Manchin for calling a special session of...

CROP INSURANCE FOR AFRICAN FARMERS:

Opportunity International, a global microfinance network based in Oak Brook, Ill., announced its partnership with the World Bank and its...

DEER CLAIMS AVERAGE $1,700

The average cost of an automobile claim directly attributable to a driver having a collision with deer or wildlife is...

ADJUSTER GETS PRISON FOR FRAUD:

A former Indiana insurance adjuster and his wife were sentenced to prison after admitting to a scheme to bilk The...

WATER DAMAGED VEHICLES MUST BE ID’D

In the wake of the catastrophic pro-perty damage occurring during the 2005 and 2004 hurricane seasons, the Arkansas Insurance Depart-ment...

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