InsuranceYak.comThe Times-Picayune has published the results from a Louisiana market conduct exam outlining the troubles Citizens Property Insurance Corp. (the states third largest insurer) had in paying Katrina claims in 2005. The Louisiana Department of Insurance selected Citizens for an exam because it had the highest ratio of complaints to market-share of any company in […]
At issue is the thousands of property owners in New Orleans who did not purchase flood insurance and are suing Travelers, Allstate, State Farm, Unitrin and other insurance companies to cover damage caused by hurricane Katrina.
The U.S. Supreme Court has declined to hear a case brought by New Orleans property owners who argued their Hurricane Katrina […]
Eric Turkewitz on his blog http://www.newyorkpersonalinjuryattorneyblog.com/
is reporting that State Farm, is being sued in the Eastern District of New York, under the Racketeering Influenced Corrupt Organization Act (RICO) by influencing outside examiners.
The long and short of it: State Farm is accused of using Independent Medical Exam (IME) companies that are, let’s say, cooperative with State Farm in their write-ups […]
This just in..
The British tabloid, The Daily Mirror, reported the famed singer requested a $6.8 million insurance policy for his chest hair. The underwriters at Lloyd’s of London reviewed the unusual request and agreed to write the policy.
The Tom Jones website responded:
” The story published in the Daily Mirror (UK) on Feb 5 is completely fabricated. No […]
Hartford Insurance, sold far and wide through AARP in Florida told the Florida Senate Select Committee on Property Insurance Accountability they will start to non-renew 27,000 homeowners policies beginning August 2008.
Tom Johnston, senior vice president and chief actuary for the Hartford Group spoke on behalf of the insurer Tuesday (02/05) in Tallahassee, representing one of […]
February 22, 2008 
