Five years after Hurricane Katrina devastated the Gulf Coast, neither the federal government nor the private sector is any closer to developing effective solutions to the problems facing flood and windstorm insurance, according to a new study from the RAND …
Liberty Mutual Group Chairman and CEO Edmund F. Kelly was joined yesterday by Massachusetts Governor Deval Patrick, Boston Mayor Thomas M. Menino, other state and city elected officials, neighborhood representatives and members of the construction trades at a groundbreaking ceremony …
Michigan insurance officials say they have identified 41 out of a possible 76 American Benefit Concepts (ABC) insurance agents responsible for selling fraudulent investment products in several multi-million dollar investment schemes in western Michigan. Officials said they have identified at …
Allstate has agreed to pay $10 million to 45 states in a regulatory settlement involving its use of claims handling software. New York State Insurance Superintendent James J. Wrynn said the agreement follows an 18-month targeted National Association of Insurance …
A dozen homeowners in central Kentucky have sued to challenge the legality of a fire protection subdistrict. The homeowners in northwestern Jessamine County contend the property tax that funds the North Jessamine Subdistrict of the Jessamine County Fire District violates …
Although Florida’s next chief financial officer will take charge during one of the rockiest times in the state’s financial history, the race has received little attention amid higher-profile races for the U.S. Senate and governor. Florida Senate President Jeff Atwater, …
Georgia voters going to the polls on Nov. 2 will have a choice when it comes to electing the state’s next insurance commissioner. The Democratic, Republican and Libertarian candidates cite different priorities; hold different positions on issues including credit scoring, …
Court officials say nearly 300 people continue to drive on Maine roads with suspended licenses after failing to be notified their licenses were suspended. Court officials told the Morning Sentinel that the drivers in question had their licenses suspended when …
A former Vermont man who claimed he bit into a Burger King sandwich and found an unwrapped condom has dropped his lawsuit, with the restaurant agreeing to drop its counterclaim. The man and the store’s owners agreed to pay their …
Sissonville, West Virginia Volunteer Fire Department officials say they still need to raise about $450,000 to replace a fire station and three fire trucks destroyed in a blaze. Fire department secretary Tom Miller says a $955,690 insurance settlement is well …
