February 10, 2012
A website attacking a consumer group that often does battle with the insurance industry was launched on Friday, setting off more sparks in a roiling battle between proponents of two competing measures that Californians may see go head-to-head on the …
February 10, 2012
A.M. Best Co. has released a briefing that provides updated estimates of insurers’ losses from the Thailand floods. The overall industry wide insurers’ loss estimates from the floods have increased 50 percent to $15 billion since Best’s last briefing on …
February 10, 2012
Woodland Hills, Calif.-based Poms & Associates Insurance Brokers Inc. has named Robert Mahl senior vice president of its property/casualty group in the firm’s Woodland Hills office. Mahl was previously vice president of property/casualty insurance and apparel practice Leader for USI …
February 10, 2012
The Hanover Insurance Group, based in Worcester, Mass., reported $49.3 million for its 2011 fourth-quarter net income, down 15.6 percent from one year ago when the insurer posted $58.4 million profit. For the 2011 full year, Hanover posted net income …
February 10, 2012
Federal officials investigating a pipeline break that spilled 1,500 barrels of oil into a Montana river said Wednesday that few companies take river erosion and other risks into account when evaluating pipeline safety. In recent months, several companies have completed …
February 10, 2012
A consumer watchdog group is suing the Federal Trade Commission in an attempt to prevent Google from making sweeping changes to its privacy policies next month. The planned revisions would enable Google Inc. to bundle the personal information gathered by …
February 10, 2012
A lawsuit contends that a health insurer ran a scheme to avoid paying in-home care claims from what could be thousands of California’s elderly residents. Senior Health Insurance Co. of Pennsylvania, or SHIP, had a claims process “designed to frustrate …
February 10, 2012
Oklahoma law enforcement officers would have more leeway to stop those suspected of driving uninsured vehicles under a measure approved by a House committee. House Bill 2525, by state Rep. Steve Martin (R-Nowata, Washington, and Osage Counties), was approved by …
February 10, 2012
Legislation aimed at increasing road safety in Oklahoma was approved in the House Public Safety Committee. House Bill 2583, by state Rep. Jeannie McDaniel, would require every person in a vehicle to wear a properly adjusted and fasted safety seat …