Liberty Mutual has vowed to continue its court fight against charges begun by former New York Attorney General Eliot Spitzer that it engaged in anti-competitive bid-rigging and broker compensation practices after a judge declined the insurer’s bid to dismiss the …
Idaho Gov. C.L. “Butch” Otter announced another veto, his fifth of the 2007 Legislature, saying a bill to boost state employee benefits violated Idaho’s policy of concentrating on boosting wages. The bill would have increased the formula limiting unused sick …
Reno, Nev.-based Employers Holdings Inc. has reported financial results for the full-year and fourth quarter of 2006. For 2006, consolidated 2006 net income increased 24.7 percent to $171.6 million from $137.6 million in 2005. Consolidated net income before the impact …
New York Attorney General Andrew M. Cuomo has negotiated a settlement affecting nearly 400 New York consumers whose credit reports were unlawfully accessed by an insurance company. Under the settlement, Administrators for the Professions, Inc. (AFP), a New York insurance …
San Diego County Superior Court Judge David Danielsen has ordered the owner of a San Diego area tree service company to pay $129,000 in restitution to California’s State Compensation Insurance Fund as a result of a workers’ compensation insurance fraud …
California has expanded its Low Cost Automobile Insurance Program to low-income, good drivers in Merced, Monterey, Santa Barbara, Sonoma, Tulare and Ventura counties, announced the California Department of Insurance. The program offers low-income, good drivers the opportunity to purchase auto …
Emeryville, Calif.-based Commodore Insurance Services Inc. has appointed Mark Cravens president. Cravens was most recently with Wellington Underwriting (recently acquired by Catlin), where he led development of catastrophe modeling and risk assessment practices and resources, and also advanced underwriting support …
Fire ravaged the upper floors of a six-story office building in Houston, Texas, on March 28, killing three people and injuring at least six others as firefighters using ladder trucks helped survivors escape through broken windows. Dawn Herring was in …
An early spring storm swept across the central U.S. early on March 29, spinning off tornadoes that killed an Oklahoma couple in a home that was blown to pieces and a Colorado woman whose small town was nearly destroyed. A …
Iowa is expected to begin receiving an estimated $37 million in federal disaster money to help state and local governments and some utility companies recover from the late February ice storms. A presidential disaster declaration covers 48 Iowa counties, most …
