Archive for the ‘All Insurance News’ Category

Insurance Industry Charitable Foundation Western Division Announces New Chairman

The Insurance Industry Charitable Foundation has named Adam McDonough chairman of its Western Division. Adam McDonough is President & CEO of Lockton Insurance Brokers based in San Francisco. ...

Fireman’s Fund Insurance Offers the First Payment Card Security Insurance for Retailers

Novato, Calif.-based Fireman's Fund Insurance Co. is introducing first coverage for retailers that experience a breach of their payment card security system. Payment card security insurance offers ...

Florida Task Force Set to Vote on Citizens Insurance Reforms Today

An 11-member task force charged with making recommendations on how to depopulate Florida's high risk property insurer and return it to its original purpose as a market of last resort is voting ...

Allstate To Raise California Homeowners’ Insurance Rates 6.9%

The California Department of Insurance has approved Allstate Insurance's request to raise its homeowners multi-peril insurance rates 6.9 percent. For information, visit ...

Illinois Prison Inmate’s Family Wins $13 Million Settlement

An Illinois prison inmate who killed his cellmate after apparently warning guards three times that's what he planned to do must pay the dead inmate's mother $13 million. A federal judge in ...

Robertson Taylor Adds Music and Entertainment Insurance Specialist in Los Angeles

U.K.-based Robertson Taylor, the specialist global music and entertainment subsidiary of Lloyd's insurance broker Oxygen, has expanded its Fine Arts Division with the appointment of Victoria ...

Study: California Earthquake Would Accelerate US Mortgage Meltdown

In light of current economic conditions, a major catastrophe such as an earthquake in California would bring new misery to both U.S. and international financiers, according to an analysis released ...

Fire Fatalities Confirmed at North Texas Homeless Shelter

Fire ripped through a small-town homeless shelter in the Northeast Texas town of Paris early in the morning of Jan. 5, killing multiple people and forcing dozens to be relocated, the town's fire ...

New York City Cabs Could Get Cameras in Accident-Curbing Plan

New York City plans to install digital cameras on the outside of cabs in an effort to detect reckless driving and deter auto accidents. But a taxi drivers' advocacy group says the technology would ...

Connecticut Levies $5.9M Fine for Hole-in-One Prizes

Connecticut officials have levied a $5.9 million fine against a man who runs businesses paying for hole-in-one prizes on behalf of clients. The state Insurance Department says Kevin Kolenda's ...