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Insurance News

Property casualty insurance news from Insurance Journal

North Carolina Insurance Department Helps Consumers Recover $9 Million
Consumers in North Carolina were able to recover more than $9 million from insurance companies in 2009 with the assistance of the state insurance department. Insurance Commissioner Wayne Goodwin ...… read more »
Utah Considers Changes to Motor Vehicle Insurance Coverage, Liability
Utah state Sen. Stephen Urquhart is hoping to change the law on motor vehicle coverage by proposing three bills that would affect uninsured and underinsured motorist coverage, liability and ...… read more »
Toyota to Investigate Prius California Police Say Accelerated
The driver of a 2008 Toyota Prius said his car uncontrollably accelerated to over 90 miles per hour on a San Diego County freeway before a California Highway Patrol officer helped him stop the ...… read more »
Two Lawyers Named to Minnesota Auto Insurance Plan Governing Committee
Minnesota Commerce Commissioner Glenn Wilson has appointed two public members to the governing committee of the Minnesota Automobile Insurance Plan (MAIP). Thomas J. Evenson is an associate with ...… read more »
Bermuda Insurers, Reinsurers Oppose State Cat Fund Bill - HR 2555
The Association of Bermuda Insurers and Reinsurers (ABIR) has filed an opposition to HR 2555 which, the Association warns would "replace private sector risk bearing capital with government ...… read more »
Navigators Expands Professional Liability Team
Navigators Management Co. Inc., has expanded its professional liability division by hiring several industry experts in the Architects & Engineers Professional Liability arena. Bill Farran has ...… read more »
North Carolina Insurance Regulator Launches Mobile Web Site
Insurance Commissioner Wayne Goodwin has launched a mobile version of the North Carolina Department of Insurance's Web site, www.ncdoi.com, to provide a mobile-friendly way for consumers to link ...… read more »
Philadelphia's St. Joseph's University Adds Insurance, Double Major Program
Brian Durkin's academic resume is longer than most. Durkin, who has an associate's degree in accounting, will graduate from Saint Joseph's University in Philadelphia this spring with a bachelor of ...… read more »
West Virginia Lawmakers Tackle Vacant Buildings, Insurance Liens
State lawmakers appear ready to increase the independence of West Virginia's local governments, and they aren't waiting on results from an ongoing experiment on the subject. The Senate is expected ...… read more »
Google, Facebook Face Heat from Cyber-Bullying Cases
The Internet was built on freedom of expression. Society wants someone held accountable when that freedom is abused. And major Internet companies like Google and Facebook are finding themselves ...… read more »
Supreme Court to Rule If Vaccine Makers Are Immune from Lawsuits
The Supreme Court said Monday that it would decide whether a federal law protects vaccine manufacturers from lawsuits in state court seeking damages for alleged design defects. The high court ...… read more »
Marsh & McLennan Puts Kroll Consulting Up for Sale for $1.3 Billion
Marsh & McLennan Cos Inc., the No 2. global insurance broker, has put up its security consulting business Kroll up for sale for $1.3 billion and received offers from several major private ...… read more »
Feds: New York City Inspector Sold Safety Cards
A former New York City building inspector has been charged with selling safety certification cards to workers who hadn't received any training. Federal prosecutors in Manhattan accused Michael ...… read more »
UK's Jubilee Agency to Underwrite Amateur Auto Race Drivers
Specialist Lloyd's insurer, Jubilee Managing Agency Limited, has been appointed to provide dedicated amateur motor sport personal accident coverage for amateur race and rally drivers who hold UK ...… read more »
European Union to Issue Climate Warning; Tackle CO2 Loopholes
Loopholes in the United Nations climate treaties could actually amount to an increase in global climate-warming emissions and the chance to rein in temperatures may be slipping away, a draft ...… read more »

News Source:
Courtesy of Insurance Journal

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