March 7, 2007
An eastern Iowa man whose wife died in a fire he said was caused by a Ford pickup truck has settled a lawsuit with the auto manufacturer. Earl Mohlis, 78, said Monday he still cries over the loss of his …
March 7, 2007
Florida’s wealthy and privileged residents have a new personal lines insurer promising to save them money on premiums for their homes, cars and belongings. The company will sell property/casualty insurance for high value homes, cars, jewelry, art, and personal excess …
March 7, 2007
The Hartford Financial Services Group, Inc. has agreed to sell its medical stop loss insurance business to National Benefit Resources, Inc. (NBR), a subsidiary of UnitedHealth Group, Inc. The transaction is expected to close in early April. The terms were …
March 7, 2007
118 people miraculously escaped the flaming wreck of a Garuda Airlines Boeing 737-400, which slid off the runway at Yogyakarta airport in Java while landing. 22 people, however, died in the crash. According to news reports, survivors said the plane …
March 7, 2007
On 29 October 2003, the European Commission adopted a proposal for a new EU regulatory framework for chemicals. The new system, dubbed REACH (Registration, Evaluation and Authorization of CHemicals), outlined a complex regulatory system. Basically it mandates that enterprises who …
March 7, 2007
The company that runs the state’s workers’ compensation program said it earned $70.7 million during its first year in business. The profit will help build BrickStreet Mutual Insurance Co.’s reserves to take care of long-term debt, company spokesman Andy Wessels …
March 7, 2007
One of Eliot Spitzer’s more contentious cases from his years as attorney general was criticized this week by a panel of retired judges who discounted his claims that insurance executive Maurice R. “Hank” Greenberg cost his mentor’s charity $6 billion. …
March 7, 2007
A bid to make it illegal for New Jersey auto insurers to use a driver’s job and education to decide rates failed Monday. The Senate Commerce Committee voted against releasing a proposal to ban car insurers from weighing such factors. …
March 7, 2007
A federal judge has ruled that the insurance company for a Bloomfield trucking company involved in a fiery fatal crash on Avon mountain does not have to pay victims and families of those killed. The ruling involves American Crushing and …
March 7, 2007
Shareholders of Australian general insurer Promina Group Ltd. on Monday approved a proposed 7.4 billion Australian dollar ($5.75 billion) takeover by bank and insurance company Suncorp-Metway Ltd. Of the 8,922 shareholders who cast votes on the proposal, 94.2 percent were …