Ind.-based Conseco Inc. said this week that it is complying with a congressional request for records related to its long-term care health insurance business amid an investigation into the possibility that policyholders might have been unfairly denied claims. Members of …
Federal antitrust regulators this week approved a merger between Pennsylvania’s two largest health insurers. The Federal Trade Commission gave the green light to the marriage between Highmark Inc. of Pittsburgh and Independence Blue Cross, based in Philadelphia. The merger had …
An arson investigator was arraigned this week in two counties on charges of planting evidence at fire scenes, Michigan authorities said. Jeffrey D. Wallace, 53, was arraigned last week on similar charges in Gladwin County and is under investigation in …
Unitrin Direct has been approved to sell auto insurance in Kentucky, making it the 23rd state where it does business. Unitrin Direct said it is offering discounts for Kentucky residents, including up to a $75 break for buying their car …
Pennsylvania Governor Edward G. Rendell has renewed his call for a change in law to permit an in-depth state review of the proposed merger of Independence Blue Cross and Highmark Inc., Pennsylvania’s two largest health insurers. His call came following …
The South Carolina Senate has approved omnibus legislation that backers hope will ease the insurance cost and availability crunch facing coastal property owners in the state by providing discounts and tax breaks. The legislation is part of the state’s response …
Attorneys general from 44 states have signed an agreement with a Georgia-based company that distributes consumers’ personal information to settle allegations that the company failed to adequately maintain the privacy of that information. The company, ChoicePoint, provides personal identification information …
AIG Capital Partners, Inc. (AIGCP), a member company of AIG Global Investment Group (AIGGIG) has reached an agreement to become a significant investor in London-based Sindicatum Carbon Capital Ltd. (SCC). The Company is a “a principal financier/developer of green house …
Fairfax Financial Holdings Limited has announced the results to date of its registered offer to exchange all of its outstanding 7-3/4 percent Notes due 2012 (the “old notes”) for new 7-3/4 percent Senior Fairfax Notes due 2017 (the “new notes”). …
China plans to release a national plan to combat climate change next week, Chinese officials said Thursday, paving the way for President Hu Jintao’s attendance at an industrialized nations’ summit that is contentiously grappling with global warming. The national program, …
