The most destructive wildfire in Colorado history caused $292.8 million in insured losses, according to a preliminary report issued on Monday by the Rocky Mountain Insurance Information Association. The estimates include roughly 3,630 homeowner and auto insurance claims being filed …
The ACE Group has increased catastrophe limits to $30 million across all its North American retail and wholesale broker-distributed commercial property lines of business. This capacity will be offered through ACE’s network of property businesses, which includes fronting and captive …
With all the fears that Superstorm Sandy created, here’s one that never materialized: huge tax increases to make up for property destroyed along the coastlines of New Jersey, New York and Connecticut. Waves of federal aid, some strategic borrowing, lowered …
The Rhode Island Department of Labor and Training said it is keeping the assessment rate for workers’ compensation insurers unchanged at 6.75 percent for the coming year. The department said this assessment rate has remained level every year since 2008. …
Consumer groups are worried that California’s uninsured could fall victim to fraud, identity theft or other crimes by some of the very people who are supposed to help them. More than 21,000 enrollment counselors will be hired to provide consumers …
Federal agriculture officials have issued a disaster declaration for Clark County in eastern Idaho due to a lack of rain for the last two months. The U.S. Department of Agriculture this week also put four other nearby counties up for …
Cameron Parish Fire District 10 in Louisiana has hired six firefighters and officials say that will improve response to fire calls in Johnson Bayou and Holly Beach and lower fire insurance premiums. District secretary Rhonda Morrison tells The American Press …
An insurance company is suing a former South Dakota state legislator to recover nearly $10,000 in medical expenses over a mishap during a parade. The Daily Republic reports that State Farm Insurance is suing 65-year-old Edwin W. Olson, of Mitchell, …
Missouri State University has recouped most of the nearly $1.2 million that was stolen from its bookstore. The Springfield News-Leader reports that the school has received a $1 million insurance check. University President Clif Smart says the check doesn’t negate …
A former insurance company for the Catholic Diocese of Kansas City-St. Joseph, Mo., is seeking to avoid paying for priest sexual abuse settlements. The Chicago Insurance Co. said in a federal court filing that it has no obligation to cover …
