More than 2,000 bills have been filed for the 2007 session of the Oklahoma Legislature, including many measures that sponsors acknowledge do not have a chance of passage. It’s all part of the democratic process, officials say, even if it …
David Sipprell was recently named senior vice president of marketing at Allianz Income Management Services (AIMS), a Minneapolis-based company formed this past August by Allianz of America to respond to the retirement income needs of retiring baby boomers. Sipprell, 44, …
A man charged with starting 18 fires in Queens section of New York over the past few months has said he set the blazes “just for fun.” Kareem Jamel Walters, 26, was arraigned Saturday afternoon on charges of arson, assault, …
Four families have sued News Corp. and its MySpace social-networking site after their underage daughters were sexually abused by adults they met on the site, according to lawyers for the families. The law firms, Barry & Loewy LLP of Austin, …
Mutual of Omaha plans to establish a community bank in the Omaha market, expanding its financial kingdom outside the realm of insurance. Jeffrey Schmid, president and chief executive of Mutual’s Omaha Financial Holdings Inc., said the bank would be a …
Florida homeowners might want to go without wind coverage, and may decide on a higher deductible in return for lower rates, but mortgage companies could keep these options from producing what the Florida Legislature wants: lower property insurance rates for …
Maitland, Fla.-based insurance company Vanguard Fire & Casualty Co. agreed to be placed under state control last Friday, following its announcement earlier this month that it wouldn’t continue writing policies in Florida. Leon County Circuit Judge Terry Lewis ordered the …
Insurance brokerage firm Aon Corp. said last week it would lay off 550 workers at its facilities in New York, Texas and Maryland. Aon spokesman Rahsaan Johnson said the Chicago-based company was consolidating its “administrative support functions” performed in New …
A Christians-only health plan that serves nearly 20,000 churchgoers nationwide can continue operating in Kentucky, a judge ruled Thursday. Franklin County Circuit Judge Thomas D. Wingate said the Medi-Share program isn’t insurance and therefore doesn’t violate the state’s insurance laws. …
A proposed management buyout and eventual dissolution of Royal & Sun Alliance Insurance Group’s U.S. operations could leave policyholders in jeopardy, according to critics trying to halt the deal that is before Delaware regulators. The proposed buyout was the subject …
