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The Louisiana Supreme Court has ruled unanimously that new laws extending the deadline for policyholders to sue their insurers are constitutional due to the extraordinary circumstances resulting from
"State Farm is outraged by a misleading story aired on Friday evening's ABC 20/20 program and by depictions made by two external independent claims adjusters, Cori Rigsby Moran and Kerri Rigsby," the
The deputy commissioner of the Colorado Insurance Division, whose investigations sparked a multistate title insurance kickback probe, has accepted a new post as director of the parent agency's real es
A year after Hurricane Katrina devastated the Gulf Coast, a tropical storm is brewing in the Caribbean off the northern coast of Venezuela that weather watchers warn could turn into the season's first
BB&T bank said it has entered an agreement to purchase premium finance company AFCO Credit Corp. and its Canadian affiliate, CAFO Inc., from Pittsburgh-based financial services company Mellon Financia
Jentzu Pan will head the office, Benfield said. Mr. Pan's background includes working for the last 15 years at Cathay Financial Group in charge of reinsurance operations across all lines of business i
The Latin American Agents Association, based in El Monte, Calif., also said it believed insurers, consumer groups and the state insurance department should wait and see which way the market is impacte
Mike McGavick, the former Safeco Insurance chief executive, revealed during his U.S. Senate campaign yesterday that he once had a Maryland drunk driving charge while serving as an insurance lobbyist a
In its ruling earlier this week, the high court supported the finding that the plaintiff did not need to "prove malice, vindictiveness, or wanton disregard of the rights of others," which can be a req
HedgeStreet, based In San Mateo, Calif., said it was selling hurricane contracts for as little as $9 that return $100 if the storm creates insured damage above certain levels that are certified by th
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