Insurance Law

New Law Protects Homeowners from Unscrupulous Contractors after Storms – KSTP

A new law could protect homeowners from unscrupulous contractors … Many industry experts estimate that dozens more cases went unreported. Mark Kulda of the Insurance Federation of Minnesota explains, “After a storm it’s really typical to see what we …

Where are savings promised for policyholders of Citizens Insurance? – Miami Herald

I was appalled to read the comments made by the spokesperson for Citizens Insurance that the law passed in 2009 capping insurance rates may only apply to existing customers. To put this into context, let’s go back to why this … Continue reading

Parents can’t assume providers carry insurance – Minneapolis Star Tribune

Parents may assume their child-care providers carry liability insurance in case of an accident, but Minnesota law doesn’t require it and regulators don’t always track which providers have it. Day-care providers who don’t carry insurance are …

Penalties strengthen goal of Timothy’s Law – Times Union

Last week, 15 health insurance companies in New York were fined a combined $2.7 million for failing to comply with a law that I sponsored, Timothy’s Law (“Timothy’s Law fines total $2.7M,” May 9). The goal of Timothy’s Law was … Continue reading

What Should Congress Do after the Supreme Court Decision on Obamacare? – Forbes

If the rest of the law is intact, without an individual mandate, it will drive up the cost of insurance, especially for young people, as I described in this blog post. Scenario 3b: Strike-down of Title I with preservation of … Continue reading

Edwards Wildman Takes Top Spot in Ranking of US Insurance Law Firms – Insurance News Net

BOSTON, May 17– Edwards Angell Palmer & Dodge issued the following news release: Edwards Wildman is pleased to announce that it is ranked as the #1 law firm in the US in Reactions’ annual survey of insurance law firms. The … Continue reading

Uninsurable’ patients dread loss of coverage – The Spokesman-Review

Under the law, Watson and nearly 62,000 other “uninsurable” patients are getting coverage through a little-known program for people who have been turned away by insurance companies because of pre-existing medical conditions. “Without it …

No tickets, two accidents: Will I be canceled? – NASDAQ

Insurance companies don’t want to pay out claims, so if you have enough accidents in a short enough period of time, then underwriting rules of many insurers call for you to be canceled or non-renewed. State laws vary, but typically … Continue reading

Unisex law will pose premium problem for businesses and specialist insurers (Source: Business Car Manager UK) – YAHOO!

Defaqto’s latest Review of the motor insurance market, published today … Check out our advice on business car insurance and what must be done under company car law to make sure to stay up to date and out of trouble.

Taxes lurk behind court test of Obama health law – Town Hall

WASHINGTON (Reuters) – While Supreme Court watchers focus on the controversial insurance requirement in President Barack Obama’s healthcare law, lesser known is that the court’s ruling next month will also decide the fate of billions of dollars …