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News - August, 2010

  • Military Families Expand Lawsuit Against Prudential
    Prudential Insurance Company of America has been accused of fraud in handling the death benefits of American military personnel by a group of plaintiffs who filed an amended lawsuit against the company on August 30, 2010.
  • Florida Insurance Regulators Look at Sinkhole Claims
    An upsurge in sinkhole-related homeowners insurance claims has caused premiums to spike by as much as 30% leading the Florida Office of Insurance Regulation to conduct interviews with insurers about the nature of the claims.
  • Vacant Homes Present Increased Insurance Risk
    Vacant properties carry greater risk and liability than occupied homes according to the National Association of Insurance Commissioners, and are not adequately protected by standard homeowners policies.
  • Illinois Regulators to Ask for Control of Rate Hikes
    Illinois regulators plan to ask state lawmakers for the authority to approve or deny premium increases on health insurance policies in the face of rising consumer complaints.
  • Cuomo Issues Subpoenas Over Veteran's Life Insurance
    The life insurer tactic of avoiding lump sum payments in favor of retained-asset accounts is being called into question by the Department of Veterans Affairs and New York Attorney General Andrew Cuomo as profiting from the deaths of military personnel.

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