The city’s fire department needs several new ladder trucks, each of which cost $600,000, according to the fire chief and the president of the firefighters union. Pittsburgh’s contract with the Fire Fighters Local 1 union requires that the city have …
A public interest lawyer has charged Republican Douglas Forrester with intentionally skirting New Jersey law by licensing an insurance company out-of-state and using the shell operation to illegally funnel millions in loans to his largely self-financed gubernatorial campaign. In the …
Shareholders in the American International Group Inc. last week approved the insurance company’s slate of 15 board members and renewed the auditing contract of PricewaterhouseCoopers LLP, despite opposition from some major institutional investors. The voting at AIG’s annual meeting – …
Television advertising offering a free quote for hurricane coverage has resulted in an overload of business for First Heritage Insurance Services of St. Petersburg, Fla. Independent insurance agent Chris Wandembergh told the St. Petersburg Times she merely wanted to “drum …
According to a federal audit, Florida’s Medicaid program may have paid more than $11 million during the past three years to provide medical services for patients who have already died. State officials told the Gainesville Sun they have a process …
George Tarsitano, United Automobile Insurance Group vice president has been appointed to head a new office in Tampa, Fla. UAIG is now appointing 40 independent agents from Hillsborough and Pinellas counties to service the area. According to Jack Ramirez, president …
Senior citizens should be aware of aggressive marketing of Medicare Advantage plans by insurance companies according to North Carolina’s Insurance Commissioner Jim Long. He said some seniors are being advised to make decisions that may not be in their best …
A.M. Best Co. announced that it has affirmed the financial strength rating of “A+” (Superior) of the life insurance subsidiaries of AXA Financial, Inc. AXA Financial is a member of France’s AXA Group (France) and the parent of AXA Equitable …
The recent decision by the London-based Joint War Committee to include the heavily traveled Straits of Malacca on its list of ‘war risk’ areas has caused concerns among shippers that transport costs will rise due to increased insurance premiums. The …
Tropical storm Irene is still churning up the Atlantic, but doesn’t appear to pose any imminent threat to the U.S. The National Hurricane Center’s latest bulletin notes that the erratic storm appears to be “becoming a little better organized at …
