California Insurance Commissioner, Insurers Settle on Iran Investments

California Insurance Commissioner Dave Jones and a group of insurers have settled litigation over insurer investments in companies doing business in Iran, it was announced on Friday. The terms of the settlement permit the Jones to “maintain a public list of businesses involved in volatile sectors of the Iranian economy,” according to a statement issued by Jones’ office. The settlement also prevents Jones from declaring the investments of insurers in question to be declared non-admitted

Jan. 2 Deadline Looms For People Suing Over 9/11 Health Claims

More than 1,600 people who filed lawsuits claiming that their health was ruined by dust and smoke from the collapsed World Trade Center must decide by Jan.

Supreme Court Schedules Healthcare Law Briefs

The Supreme Court last week set the schedule for briefs to be filed ahead of hearing arguments in late March over President Barack Obama’s sweeping healthcare overhaul law.

Arizona Gets $30 Million Grant for Health Exchange

Arizona is getting a $30 million federal grant to implement part of the federal health care overhaul. The Arizona grant is among 13 state grants awarded Tuesday totaling nearly $220 million awarded for setting up health insurance exchanges

I.I.I. Advises Thanksgiving Party Hosts on Limiting Liquor Liability

Thanksgiving marks the beginning of holiday season and for many that means party time. But hosts who serve alcohol should take steps to limit their liquor liability and make sure they have the proper insurance, according to the Insurance Information Institute. Social host liability, the legal term for the criminal and civil responsibility of a person who furnishes liquor to a guest, can have a serious impact on party throwers, according to the Institute.

ACE Private Risk, ARIS Title Insurance to Provide Risk Management for Fine Art Items

ACE Private Risk Services, the high-net-worth personal lines business of the ACE Group, and ARIS Title Insurance Corp., a member of Argo Group International Holdings, Ltd., have formed a marketing initiative to help individuals, wealth advisors, and institutions understand and address the full range of property and title risks involved with collecting fine art, antiques, jewelry, and other precious items. ARIS art title insurance manages the financial and legal risks for private parties and public institutions owning or transacting art, as well as the corollary professional liability risks for advisors, trustees and other third-party fiduciaries who act for the legal owners and beneficiaries of this asset class. “We know that collectors and wealth advisors also should have property insurance or loss prevention as a top-of-mind issue,” explained ARIS Chairman Lawrence M

New Legislation Just Is Not Enough

[fivefilters.org: unable to retrieve full-text content] Most states do not mandate a high enough legal minimum. Thus, accident costs are not being covered even when the driver has the legal state minimum.

Homes Abandoned After Ike Remain in Texas City

The modest home on South Clover Street is, quite simply, a wreck. Waist-high ragweed chokes front and back yards.

Group: National Flood Insurance Harms Salmon in Puget Sound

The National Wildlife Federation plans to sue the federal government, saying it has failed to ensure that the national flood insurance program hasn’t harmed endangered salmon, or the orca whales that feed on the fish, in Puget Sound.

What is Rental Car Insurance and Its Benefits?

When someone rents a car, the car rental corporations maintain the renter accountable underneath the rental settlement for damage to their car. They offer a Injury Waiver at an additional cost

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