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February 19, 2009
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NAMIC Slams Minnesota Legislation as ‘Harmful to the Idea of Mutuality’

by NAMIC - Feb 19,2009

INDIANAPOLIS (Feb. 18, 2009) – A proposal to require insurance companies to pay fees and interest to Minnesota claimants who sue is unreasonable, encourages frivolous litigation, and undermines the concept of mutuality, according to the National Association of Mutual Insurance ... [full story]

Indiana State Senate OKs red light cameras

by AP Associated Press - Feb 19,2009

Drivers may want to think twice about blowing through red lights. The Republican-controlled Indiana Senate passed a bill 28-22 Tuesday to allow cities and towns to install cameras at intersections to catch drivers running red lights. The fine would be no ... [full story]

Best upgrades edge out downgrades in 2008

by BusinessInsurance.com - Feb 19,2009

  OLDWICK, N.J.—A.M. Best Co. Inc.'s rating upgrades barely outpaced downgrades for property/casualty insurers during 2008, continuing the upward trends of 2006 and 2007. Though some property/casualty insurers were crippled by the combined effects of catastrophe losses and the financial downturn, ... [full story]

94% of Drivers Prefer Shopping for Auto Insurance Via E-mail

by Insurance Networking News - Feb 19,2009

E-mail may be adding more fuel to the already fiery debate concerning consumers’ preference of shopping for auto policies online versus with an agent. A recent survey of 264 respondents who visited AutoInsuranceQuotes.com while shopping for insurance, revealed that 94% ... [full story]

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