NEW ORLEANS, La. (InjuryBoard.com) It’s been three years since Hurricane Katrina hit the New Orleans area, devastating homeowners, many of who remain homeless today. Estimates were that up to 30,000 hurricane insurance suits were filed in court i ...

NEW YORK (AP) - The state's insurance commissioner on Sept. 5 denied State Farm Florida's appeal of his decision to reject a 47.1 percent rate increase for property coverage against hurricanes and other perils. Commissioner Kevin McCarty refused to gra ...

NEW ORLEANS, La. – (USA Today) As victims of Hurricane Gustav's fury turn to their insurance companies for help in recovering from the wind and water inflicted damage to their property, some are coming away with smiles while others may have a sho ...

SACRAMENTO, Calif. – (Bestwire) The California legislature passed a bill that would make the most populous state the latest to take action to rein in stranger-originated life insurance transactions. If Gov. Arnold Schwarzenegger signs the bill, C ...

FORT COLLINS, Colo. – (Bestwire) On the heels of Hurricane Gustav, which recently caused an estimated $7 billion in insured losses, a Colorado State University forecast is calling for two major hurricanes and two smaller ones to form in the Atlan ...

NEW HAVEN, Conn. – (AP) Federal prosecutors in Connecticut said Sept 5 a scheme to manipulate the financial statements of the world's largest insurance company, American International Group Inc., resulted in a loss of more than $1 billion to inve ...

LONDON – (Business Insurance) Lloyd’s of London Chairman, Lord Peter Levene has called on the U.K. government to amend the tax treatment of Lloyd’s insurers, or risk losing out to lower tax domiciles. The future success of Lloyd&rsquo ...

SALVO, N.C. – (Business Insurance/Reuters) Fierce Hurricane Ike weakened as it charged across the Atlantic Sept. 5 and took aim at south Florida and the oil fields of the Gulf of Mexico, while Tropical Storm Hanna was set to crash ashore in the C ...

MONTGOMERY, Ala. – (Business Insurance) Jim L. Ridling, a banker and former insurance executive, has been named Alabama’s insurance commissioner. Ridling helped establish the River Bank & Trust and previously worked as president and chi ...

HONG KONG – (Business Insurance/Reuters) A U.S. court has thrown out a lawsuit against China Life by U.S. investors accusing China’s biggest life insurer of failing to disclose sensitive information during its listing, the world’s lar ...

BRUSSELS, Belgium – (Business Insurance/Reuters) European Union plans to make its $10 trillion insurance industry safer for policyholders is bogged down as France digs in its heels over the treatment of its shares, E.U. and industry officials sai ...

LONDON – (Business Insurance) European insurers have escaped much of the fallout from the recent global credit market turmoil and are expected to survive the crisis in good shape, Moody’s Investors Service says in a new report. Moody’ ...

LONDON – (AP) Lloyd's of London, the world's biggest insurance market, signaled its intention to push its business in emerging markets in Asia and Latin America and oil rich countries in the Gulf, warning on Sept. 5 that a shift in world power ca ...

KANSAS CITY, Mo. -- (BestWire Services Via Acquire Media NewsEdge) The National Association of Insurance Commissioners isn't talking about its search for a new leader, but that hasn't stopped others from offering advice. NAIC officials declined to answ ...

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