Friday, May 7, 2010

Insurance news: Autism mandate in Mo., flood spurs anger against agents in Tenn., and sorry, no homeowner's coverage for bedbugs

A roundup of insurance news:

BusinessWeek: Missouri Senate passes autism insurance mandate: Bill: Some insurers must cover up to $45k/year of intensive therapy for autistic kids.

BusinessWeek: BP Spill biggest energy insurance loss in more than 20 years

NYT: Does homeowners insurance cover the (up to $70k) cost of eliminating bedbugs? (No.)

WP: Safety group urges highway agency to require antilock brakes on new motorcycles: Fatalities would drop by more than 1/3, report says.

Nationwide Insurance to hire 1,400

Allstate hiring 100 agents in FL in push to boost auto insurance business

Anger against Tenn. Insurance agents rises as flood waters subside: Lawsuit brewing against agents who never told residents about flood insurance.

$350m UnitedHealth settlement means payments for doctors, patients