Internal Revenue Service records, including taxpayer information, are vulnerable to tampering or disclosure because it has not yet fixed dozens of information security weaknesses, according to a government report. The existing problems, the congressional Government Accountability Office said, included giving …
Los Angeles-based Farmers Group Inc., announced the appointment of Scott Lindquist, currently controller of Genworth Financial, to the position of executive vice president and chief financial officer. Lindquist will take the position recently vacated by Pierre Wauthier, former executive vice …
Washington’s largest writer of medical malpractice coverage for physicians and surgeons has reduced premiums for 2008 by 12.5 percent, following what appears to be a record-setting year of profits for the company in 2007, according to the Washington Office of …
In March of 1937, Steve O’Neill was managing the Cleveland Indians, the team was at spring training in New Orleans and preparing for another season at League Park at Lexington and East 66th Street in Cleveland. At the same time, …
A.M. Best Co. has revised the rating outlook to negative from stable for the debt rating of “aaa” on $130 million of Series A floating rate senior secured notes, due 2036 (notes) issued by Tailwind Holdings, LLC, a Delaware limited …
The family of 4-year-old Isabelle Norton seeks more than $8.5 million from the company that manufactured the riding mower that backed over her leg, causing it to be amputated. Norton’s father, Kirk, was mowing the lawn at the family’s Springfield, …
The California Department of Insurance announced that since the wildfires broke out in Southern California in October 2007, 37,117 claims have been filed, and 1,531 of those claims are known to be total losses, with an estimated exposure for insurers …
Nineteen insurance fraud cases were adjudicated in Maryland in the last three months of 2007, resulting in nearly $450,000 in restitution ordered paid, the state’s Insurance Administration said. The prosecutions were brought through a cooperative effort between the administration’s insurance …
The Louisiana Department of Insurance issued a cease and desist order and suspended the license of a Frierson, La., bail bond agent accused of filing false public documents. The department says Brokenberry did not disclose a prior criminal record when …
A national consumer organization has charged that property/casualty insurers are unfairly overcharging for home and auto insurance at the same time they are reducing payments to insureds. According to the Consumer Federation of America, insurer overcharges over the last four …
