August 14, 2008
The California Supreme Court has upheld the state’s strict ban on most employee noncompetition agreements, ruling that companies cannot in any way limit a former employee’s ability to ply his trade. The high court’s decision nullifies previous appeals court rulings …
August 14, 2008
Insurance broker, Prakash Akatrai, aka Peter Akatrai, surrendered himself at the Downey, Calif., Police Station and was booked on six counts of felony grand theft by embezzlement, according to the California Department of Insurance. Akatrai allegedly issued a false certificate …
August 13, 2008
Insurers caution public policymakers to not conclude that auto insurance premiums should be reduced because the high price of gas may be lowering the number of miles driven. Based on a new paper by the Property Casualty Insurers Association of …
August 13, 2008
Authorities in an Albany-area city are assessing the damage from flooding caused by heavy rains. Fire officials say Monday’s flooding in Rensselaer, across the Hudson River from Albany, submerged numerous cars and forced 27 people from their homes. First Assistant …
August 13, 2008
Morristown, New Jersey-based PGI Commercial has launched a comprehensive insurance program for self-storage facilities, with coverage provided by member companies of Argonaut Insurance Group. The program conprises a business owner’s policy that can include property, general liability and crime. Customer …
August 13, 2008
The Connecticut Insurance Dept said it has recovered $630,000 on behalf of policyholders from complaints resolved in the second quarter of this year. Department staff received 1,372 new complaints and inquiries in the second quarter, down slightly from near 1,500 …
August 13, 2008
A Pittsburgh man has been convicted of his 11th drunken driving offense. Forty-four-year-old Robert Neville tried to convince an Allegheny County judge that he wasn’t drinking and driving. Neville’s brother even testified that an open beer found in the car …
August 13, 2008
A news disaster recovery center has been opened in Sebastian, Texas, with Texas Department of Insurance (TDI) staff on hand to assist South Texas consumers with Hurricane Dolly-related insurance issues. The new DRC opens in Sebastian on Aug. 13, and …
August 13, 2008
The president of Mt. Morris Mutual Insurance Co. in Coloma and his 8-year-old grandson have died in a two-vehicle crash in Jackson County, Wis. Seventy-two-year-old Howard Fenske and Blake Fenske died about 5 a.m. Monday morning on Interstate 94. Wisconsin …
August 13, 2008
Storms in New Orleans halted work to clean up oil spilled along the Mississippi River as the Coast Guard prepared Aug. 11 for a hearing about who is to blame for the wreck that caused the spill in late July. …