Former manufacturers of lead paint found liable last week by a Rhode Island jury for poisoning of children will have to pay to clean up properties with the contaminated paint but will not face punitive damages. Rhode Island Superior Court …
Lockton Companies, Inc., the Kansas City, Mo.-based privately owned insurance broker, has opened a New York retail office, vowing to target complex middle-market clients and take a focused approach towards the Fortune 1000 and selected industries. Since the first of …
The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) reported that to date an additional $1,677,402 in federal ice storm disaster aid has been approved for government entities including special purpose districts and certain private non-profit organizations in …
Maryland Attorney General J. Joseph Curran, Jr., reported that Mark Jason King, 35, of Brandywine, Maryland received a probationary disposition after his plea of guilty to one count of felony insurance fraud. He was placed on 18 months supervised probation …
An emergency rule that goes into effect March 1 in Georgia entitled “Unfair Trade and Claims Settlement Practices” limits consumers contractual liaiblities and according to the Insurance Commissioner’s Office, enables consumers to have their claims settled fairly. The commission website, …
Ohio Department of Insurance Director Ann Womer Benjamin reported the Department’s “Top 10” insurance fraud cases for 2005, which involved a total of more than $5.5 million. The Department reorganized its Office of Investigative and Licensing Services in 2005 to …
Having paid out more than $30 billion in claims over the past two hurricane seasons in Florida, the Florida Insurance Council will ask lawmakers this legislative session, to push mitigation efforts to combat the destructive forces of future storms. The …
A notification program has begun, as ordered by the United States District Court for the Eastern District of Louisiana, to alert people who used or bought Motiva gasoline from certain gasoline stations in Louisiana, Mississippi, Alabama, and Florida from May …
Americans for Insurance Reform (AIR) has released a new study confirming the wholesale decline of medical malpractice insurance rates nationwide. The AIR study also indicates that this phenomenon is occurring whether or not states enacted restrictions on patients’ legal rights, …
Six months after Hurricanes Katrina and Rita swept away thousands of Louisiana homes and businesses, the state is reportedly making long strides on the road back. Assistance for hundreds of thousands of hurricane victims continues to flow into the area …