The Arkansas House, on its fourth try, passed a $4.6 billion state budget that includes operating funds for the state insurance department. The Senate had already passed a similar budget bill. The Legislature is scheduled to end its session today. …
Arkansas lawmakers moved ahead on a plan to enable the state insurance department to create a framework for a health insurance exchange, which backers said would allow Arkansas to retain control of a network that eventually would be required under …
After years of maintaining that the duty to defend and the duty to indemnify were independent duties in a liability policy, the Texas Supreme Court held in 1997 that the same allegations used to determine that no duty to defend …
The Texas Department of Insurance Division of Workers’ Compensation has determined that the workers’ compensation discount and interest rate for April 1 through June 30, 2011, will be 3.74 percent. The rate in effect for the period of Jan. 1 …
A state appeals court must reconsider its ruling that the Legislature acted unconstitutionally when it covered nurses who are certified to diagnose illness and prescribe medicine under Louisiana’s $500,000 cap on general malpractice awards, the Louisiana Supreme Court has ruled. …
Arkansas Attorney General Dustin McDaniel has filed a lawsuit against a Conway roofing company for allegedly engaging in a Ponzi scheme that defrauded Arkansas consumers of more than $250,000. Dustin alleges Conway Roofing aggressively pursues new customers who pay significant …
Agents and adjusters have completely different roles in the insurance industry but as intermediaries between insurance companies and their customers they have one critical thing in common: They often get pulled into claims lawsuits even though they’ve done nothing wrong. …
Louisiana has signed on to a multistate settlement over American International Group’s (AIG) admitted practice of under reporting workers’ compensation insurance premiums. Louisiana is slated to receive $3,842,988 in additional taxes and assessments, and $2,278,504 in fines in the settlement, …
Construction on Nationwide Insurance’s new facility in San Antonio’s Westover Hills is set to begin, following a tree planting ceremony with San Antonio Mayor Julián Castro and Judge Nelson Wolff. The facility will be home to 800 new insurance jobs …
Oklahoma Gov. Mary Fallin defended her efforts to create a health insurance exchange for uninsured Oklahoma residents, explaining if the state does not have an exchange in place by 2013 the federal government will step in and create its own. …
