Carinsurancequote.com provides you with up to date information on car insurance. Our resource section will enable you to be informed on auto insurance and make the right choice.
21
09, 2015
Texas Surplus Line Stamping Fee Rate to Increase Jan. 1
The surplus lines stamping fee rate in Texas will increase next year to 0.115 percent of the gross premium amount of surplus lines insurance polices, the Surplus Lines Stamping Office of Texas (SLSOT) reported. The increased stamping fee rate will …
21
09, 2015
Texas OKs 11 Companies to Self-Insure for Workers’ Comp
The Texas Department of Insurance’s Division of Workers’ Compensation (DWC) re-certified 11 employers to self-insure workers’ compensation claims. Together, the companies employ about 50,000 people in Texas. DWC renewed: American Electric Power Company Inc. Archer-Daniels-Midland Company FedEx Ground Package System …
21
09, 2015
Texas Windstorm Insurance Assoc. Seeks Hike in Liability Limits
The Texas Department of Insurance will hold a public hearing on a request by the Texas Windstorm Insurance Association to increase maximum policy liability limits. The hearing under Docket No. 2780 will be held at 10:30 a.m., on Thursday, Oct. …
21
09, 2015
Tornadoes Damage Homes Along Kansas/Missouri Border
A pair of tornadoes along the Kansas-Missouri border with speeds of up to about 110 mph damaged homes and caused minor injuries, officials said. The first twister touched down around 6:30 p.m. Friday about 40 miles south of Kansas City, …
21
09, 2015
Mass. Senate Panel to Examine Recent Hikes in Home Insurance Rates
A Massachusetts Senate panel is examining recent hikes in homeowner insurance rates in Massachusetts. The Senate Post Audit and Oversight Committee has called insurance company officials and state regulators to testify at a public hearing on Tuesday. Sen. Michael Barrett, …
21
09, 2015
Judge Blocks Texas Company’s Attempt to Shield $600K from Disabled Workers
U.S. District Chief Judge Jorge A. Solis issued an order on Sept. 11, 2015, to override a confidential settlement that would have re-directed nearly $600,000 away from a class of 32 intellectually disabled former employees of Goldthwaite, Texas-based Hill Country …
21
09, 2015
Mass. Gov. Baker Hopes Disagreements Won’t Scuttle Uber Regs
Massachusetts Gov. Charlie Baker says he hopes disagreements over how to regulate ride-hailing services such as Uber and Lyft won’t keep lawmakers from passing a bill soon. A legislative committee reviewed several proposals — including one filed by Baker — …
20
09, 2015
Arthur J. Gallagher & Co. Acquires North Alabama Insurance
Arthur J. Gallagher & Co. has acquired North Alabama Insurance, Inc. in Florence, Ala. Terms of the transaction were not disclosed. Established in 1982, North Alabama Insurance, Inc. (NAI) is a managing general agent and wholesale insurance broker which provides …
21
09, 2015
Zurich Abandons $8.7B Takeover of RSA After Forecasting Losses in P/C Business
Zurich Insurance Group AG abandoned its proposed 5.6 billion pound ($8.7 billion) bid for British insurer RSA Insurance Group PLC on Monday after forecasting a $200 million loss in its general insurance business due to explosions at the Chinese port of Tianjin. Instead of …
21
09, 2015
Saudi’s United Cooperative Assurance Gets Claim from Mecca Crane Collapse
Saudi Arabia’s United Cooperative Assurance said on Sunday it had received a claim from Saudi Binladin Group over the collapse of one of the construction firm’s cranes this month at the Grand Mosque in Mecca that killed more than 100 …