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A bill approved unanimously by a legislative panel in South Carolina on March 21 would make the director of the state insurance agency an elected position.
The Texas Department of Insurance has just approved a homeowners-insurance-rate hike for Allstate Insurance of 5.7 percent and 9.8 percent for its companies.
The Texas Department of Insurance has just approved a homeowners-insurance-rate hike for Allstate Insurance of 5.7 percent and 9.8 percent for its companies.
An earthquake that struck Oaxaca, Mexico damaged hundreds of homes and caused an estimated insured loss of around $100 million, but no fatalities were reported.
A federal appeals court reinstated a securities lawsuit involving the Ponzi scheme of R. Allen Stanford that names Willis Group Holdings as a defendant in the multi-billion-dollar fraud.
A House amendment that would repeal the antitrust exemption for health insurers contained in the McCarran-Ferguson Act has been ruled in order for floor debate.
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