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The high court's decision is consistent with a similar reading of the law by the Missouri Supreme Court earlier in the week. That court ruled Tuesday against the City of St. Louis over who should pay

Mr. Hood's legal action claiming bad faith by State Farm related to the collapse of a federal class action settlement for policyholders with Hurricane Katrina claims in three coastal counties is more

The purpose of the conference at the Marriott Hotel in Marco Island, Fla., is to help better define problems and work toward viable solutions, PIA said. Joining PIA in hosting the event are the PIA of

Allstate consumers will receive a lower premium as a result of the 5 percent increase. Allstate will alter premiums "according to the deductible increase," said April Eaton-Robinson, spokesperson for

The findings, prepared by the Northbrook, Ill.-based insurer's actuaries based on the company's automobile policyholders, found the average driver in Sioux Falls will experience an auto collision ever

Allstate's first hurricane-linked catastrophe bond was given a Standard and Poor's "double-B-plus" rating yesterday as the firm joined a long list of carriers to use that mechanism for backup reinsura