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State Farm Gets 7.8% Homeowners Rate Hike in Louisiana

Louisiana has allowed its largest insurer of homes to raise its rates by an average 7.8 percent. State Farm Fire and Casualty Co. spokeswoman Molly Quirk told The Associated Press that the $32.2 million increase goes into effect with new …

Missouri Panel OKs Suggestions for Disaster Response

A Missouri House committee studying disaster response recommends making it easier for health care providers from other states to help. The study also supports offering a property tax break and establishing low-interest loans to offset property damage. The panel suggests …

Storms Knock Out Power to Thousands in New Hampshire, Connecticut

Strong winds and a fast-moving mix of rain and snow have knocked out power to over 30,000 customers in New Hampshire. Many of the outages have been reported in the central part of the state Thursday morning. The National Weather …

Government Study: Texting by Drivers Up by Half in 2010

New federal safety data shows texting while driving increased 50 percent last year, despite a rush by states to ban the practice. The National Highway Traffic Safety Administration does an annual survey that watches drivers’ behavior at selected intersections. The …

Green Retrofitting Surpasses New Green Construction for First Time

Green retrofitting of commercial buildings is outpacing the construction of new green buildings, according to a new report issued this week. The trend could mean that more building owners may believe that bringing their buildings up to Leadership in Energy …

Connecticut Chiropractor Pleads Guilty in Insurance Scam

A chiropractor has pleaded guilty to bilking insurance companies to treat car accident victims whose injuries were exaggerated. Connecticut Hearst Newspapers and The Hartford Courant report that Marc Kirshner pleaded guilty Wednesday in federal court in Bridgeport to conspiring to …

UK Insurance Association: Solvency II May Help or Hinder EU Growth

Amidst all the turmoil in the euro zone, the implementation of the Solvency II regulations, governing the 27 members of the European Union, including the UK, grinds inexorably forward. It is a fact of life for British insurers, and their …

Willis: Power Market Review – Still No Hard Market, Despite Losses

2011 looks set to be one of the worst years on record for natural catastrophe events; continuing civil unrest roils the Middle East and Europe’s economic crisis shows no signs of abating. All of those conditions should be pointing to …

Europe Moves Ahead with Fiscal Union; UK Isolated

Europe divided on Friday in a historic rift over building a fiscal union to preserve the euro, with a large majority of countries led by Germany and France agreeing to move ahead with a separate treaty, leaving Britain isolated. Twenty-three …

NHL Says Brain Ailment Evidence Is Lacking

National Hockey League Commissioner Gary Bettman says there is not enough data yet to draw conclusions about the link between concussions and a degenerative brain ailment that has been found in four dead ice hockey players. The league wrapped up …

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