Insurance News from November 02, 2010
News
Judge Nixes Punitive Damages in Terra-Firma v. Citigroup Fight
A jury will not be asked to consider potential punitive damages for Terra Firma private...
International News
S&P Sees No Effect on AXIS’ Ratings from Change in CFO’s
Standard & Poor's Ratings Services announced that its ratings on Bermuda-based AXIS...
East News
Connecticut Insurance Commissioner Resigns
Connecticut Insurance Commissioner Thomas Sullivan has resigned from his position as...
Southeast News
Alabama Weighs 12.4% Drop in Workers’ Compensation Costs
Alabama insurance officials will consider an industry proposal to lower workers'...
Texas / South Central News
Insurance Premiums Paid by Texans Dipped Slightly in 2009
The property/casualty insurance industry in Texas experienced a "ho hum" year in 2009...
Midwest News
New Michigan Law Targets ‘Super Drunk’ Drivers
A new Michigan law that doubles the jail sentences and license suspensions for...