With politicians in coastal states facing "white hot" pressure from rising property insurance rates, some federal catastrophe funding comes closer to reality, said one investment bank analyst late las
With politicians in coastal states facing "white hot" pressure from rising property insurance rates, some federal catastrophe funding comes closer to reality, said one investment bank analyst late las
State Farm Insurance Companies--the largest homeowners insurer in Mississippi, with more than 30 percent of the market--last week suspended sales of any new commercial or homeowners' policies in the
Karen Pauli, senior analyst with Needham, Mass.-based TowerGroup, said that market actions like State Farm's in Mississippi and Allstate's throughout the country "will drive legislators to consider a
Allstate said today a Louisiana couple voluntarily dropped their bad faith lawsuit in federal court stemming from Hurricane Katrina claims.New Orleans area residents Lawrence and ...
"The fact also remains that as the regulations in dispute are more fully implemented, the unfair and arbitrary impact of thousands of auto insurance policyholders will be increasingly revealed," Mr. G
The FIC filed motions both with the State Division of Administrative Hearings and the First District Court of Appeals aimed at getting relief from new state laws retroactively prohibiting nonrenewal o
Insurance Commissioner Kevin McCarty described the body of Mr. Hunter's work as "legendary. He is truly one of the great minds on issues surrounding the insurance industry, and I am grateful we were a
Mississippi Insurance Commissioner George Dale said the move was "a stark reminder that the issues brought about by Hurricane Katrina affect not only the coast, but policyholders all across the state.
The Progressive Corporation reported net income for January declined 11 percent compared to the same 2005 period.The Mayfield, Ohio-based insurer reported $137.7 million of net ...