State Farm said yesterday that it filed for an 8 percent reduction in auto insurance rates with the California Department of Insurance, in addition to the initial pricing changes required by the new a
PXRE Group Ltd. reported second-quarter net income fell to $2.1 million from $43.5 million in the same 2005 period. The company asked to be unrated after a downgrade by A.M. Best Co. and management ha
PXRE Group Ltd. reported second-quarter net income fell to $2.1 million from $43.5 million in the same 2005 period. The company asked to be unrated after a downgrade by A.M. Best Co. and management ha
The poll by Meriden, Conn.-based Response Insurance found 65 percent of drivers who own a BlackBerry device would support a ban on their use while driving, and more than 58 percent of non-BlackBerry o
A New York workers' compensation measure, that would have increased the threshold for prior authorization of certain medical and diagnostic services, was vetoed last night by Republican Gov. George Pa
The Hartford survey is the second recent research finding of its kind. Last month the NCCI reported that acceleration of comp prescription drug costs was showing signs of moderating and in 2004, their
"Once again the courts have ruled that insurers must comply with the will of voters who decided in 1988 that how safely you drive is more important than where you live in the pricing of auto insurance
General Reinsurance Corp. said in a filing that it briefed the Securities and Exchange Commission in June concerning its involvement with nontraditional insurance arrangements that have come under con
A casino operator is suing three insurers that said policy language excluded their paying flood damage and rejected $346.5 million in claims from the business after Hurricane Katrina hit its Biloxi, M
Some companies will extend the so-called prescriptive period to two years, but are reserving the limited right to give the department up to 60-day notice to rescind the stipulation if a judge declares