Dog bites chewing bigger hole in homeowners insurance policies

Dog bites took a bigger meal from homeowners in 2009, with insurance liability claims related to the canine set costing $412 million.  Read Story

The Texas Windstorm Insurance Association has asked state regulators to approve a 5 percent rate increase that would take effect in January.

Group voluntary sales rise 6.7%, as ‘hybrid’ product use grows

Group voluntary sales increased by 6.7% last year, off from the 8.5% of 2008, bolstered in part by the increased use of “hybrid” products, according to an Eastbridge report.  Read Story

Large employers modifying health plans fearing reform, price hikes

Large-employer health plans are getting recast in the wake of federal health reform and in the midst of an average anticipated cost increase of 8.9%, according to new research.  Read Story

Oklahoma joins ranks of states using NAIC’s reporting system

The National Association of Insurance Commissioners (NAIC) said Oklahoma has become the 20th jurisdiction to use its State Based Systems (SBS).  Read Story

State insurance commissioners zero in on aspects of medical loss ratio

State insurance regulators moved closer to establishing its rules for medical loss ratios, or MLRs, required under federal health reform.  Read Story

Charges, including driving with lapsed auto insurance, were dropped against hip hop artist Ice-T Aug. 17 because motor vehicle records were incorrect, prosecutors said.  Read Story

States get millions to act against insurers’ ‘unreasonable rate hikes’

Federal authorities have granted more than $46 million to 45 states and Washington, D.C., to “improve the oversight of proposed health insurance premium increases.”  Read Story

Pa. man accused of filing $1.39 million claim for bogus storm damage

A Pottstown, Pa., man was accused of fabricating and submitting a false $1.39 million insurance claim for storm damage to a series of modular townhomes that he owned and allegedly hid in protective wrapping for nearly a year.  Read Story

Insurance fraud is not normally very entertaining but Mississippi prosecutors are still hee-hawing over a recent incident involving a staged multi-car crash in Yazoo County, the “Gateway to ...  Read →  Read Story