Now, the mandatory auto insurance premiums will be rolled back as the State Senate & the House has approved a bill. In 2009 as per the law there was a hike in auto insurance premiums for some of the motorists. It is important to have a better understanding of what this law entails for motorists. The Wisconsin motorists would still [...]
– The Ohio Department of Insurance announced the retirement of Bill Rossbach, an integral part of the Department’s Financial Regulation operation for the past 35 years. Rossbach most recently served as Chief Regulatory Officer. Rossbach joined the Financial Regulation staff in 1976 and was promoted to Assistant Director in 2003 before being named Chief Regulatory Officer in February 2008. [...]
Charlie Crist, Governor of Florida, has vetoed a reform bill that he said will make it too easy for home insurance companies to raise residential premium rates in the state. In a memo sent out by the governor, he stated that he was also concerned about the mitigation discount changes incorporated in the bill. According to Crist, the mitigation changes [...]
The Louisiana Senate will soon deliberate on a bill that would prevent house insurance firms from canceling coverage for homeowners and businesses with properties that have Chinese corrosive drywall. The bill, authored by Senator Julie Quinn, is designed to stop insurance companies from not renewing or from canceling or raising deductibles of premiums for properties that have Chinese drywalls. Most [...]
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