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Sunday, May 20, 2012

State Auto Estimates Q1 Storm Impact Could Reach $21M

April 15, 2012 by admin  
Filed under News

Ohio-based State Auto Financial Corp. has estimated first quarter 2012 results will include between $19 million and $21 million in pre-tax catastrophe losses. The company announced that the estimate reflects anticipated recoveries under the State Auto Group’s property catastrophe excess of loss reinsurance agreement and homeowners quota share reinsurance arrangement

N.Y. Gov. Cuomo Orders Statewide Health Insurance Exchange

April 14, 2012 by admin  
Filed under News

Gov. Andrew Cuomo issued an executive order Thursday to establish a statewide health insurance exchange intended to reduce coverage costs for individuals, small businesses and local governments. The New York Health Benefit Exchange, a federally authorized and financed marketplace for buyers, is also aimed at including more than a million New Yorkers now without coverage.

California State Fund Reports Drop in Net Premiums

April 13, 2012 by Story Submiter  
Filed under News

California’s State Compensation Insurance Fund released its annual report on Thursday showing just over $1 billion dollars in net premiums earned, a drop from 2010’s figures.

Arkansas AG Certifies Ethics Measure’s Lobbyist Language

April 8, 2012 by Story Submiter  
Filed under News

Supporters of a measure that would ban corporate contributions to political candidates in Arkansas and ban any lobbyist gifts to legislators were given clearance to begin gathering signatures to place their proposal on the ballot this fall. Attorney General Dustin McDaniel certified the language of the proposed initiated act by Regnat Populus, a Little Rock-based group formed to support the campaign finance and ethics measure

Colorado Wildfire Nearing Full Containment

April 1, 2012 by admin  
Filed under News

A blaze that may have been sparked by a prescribed burn conducted by the Colorado State Forest Service and ignited by high winds on Monday is now at 90 percent containment, the Forest Service said Saturday afternoon. The Lower North Fork wildfire in Jefferson County is estimated to have consumed 4,140 acres and has reportedly destroyed 25 structures, revised downward from 27, and killed two people

Colorado Blaze Still At 0 Percent Containment

March 29, 2012 by admin  
Filed under News

A blaze that may have been sparked by a prescribed burn conducted by the Colorado State Forest Service and ignited by high winds on Monday continues to burn with 0 percent containment, the Forest Service said Wednesday afternoon.

Alabama Has Not Yet Addressed Home Insurance Costs, Availability

March 27, 2012 by Story Submiter  
Filed under Discussion, News

Gov. Robert Bentley has not yet kept a campaign promise he made in 2010 to have the Legislature address the rising cost and declining availability of homeowners’ insurance in Alabama.

Supreme Court Rejects Tobacco Firm Appeal of Florida Award

March 26, 2012 by Story Submiter  
Filed under News

The U.S. Supreme Court said on Monday it will not hear an appeal by R.J.

Poll Shows Oregon Parents Want Stricter Guidelines for Teen Drivers

March 24, 2012 by admin  
Filed under News

Nearly six in 10 parents go beyond the rules imposed by Oregon’s graduated licensing laws, and 52 percent think the state should enforce stricter consequences for those who violate teen-driving laws, a poll from PEMCO Insurance shows.

Got a Gripe? Massachusetts Consumers Had Many in 2011

March 14, 2012 by admin  
Filed under News

Home improvement contractors, used cars, insurance claims and foreclosure scams were among the top consumer complaints lodged by Massachusetts residents in 2011. Several state and federal agencies gathered Tuesday to release their lists of the top five consumer gripes of 2011. Insurance complaints of all types — automobile, health and home — made the list from the state consumer affairs division

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