January 30, 2009
An insurance company might have to pay big money to people claiming asbestos-related injuries under a Wisconsin Supreme Court ruling. The court ruled in a dispute between Plastics Engineering Co. and its insurer, Liberty Mutual. The company made products containing …
January 30, 2009
State insurance regulators voted against a proposal to loosen capital requirements for the battered life insurance industry, shooting down hopes for up to $30 billion in relief. The National Association of Insurance Commissioners (NAIC), a group representing regulators in all …
January 30, 2009
The Hartford, Connecticut office of Colemont Insurance Brokers has assigned new management responsibilities for several key members of its personnel. Michael O’Brien, vice president, has been named Financial Services Team Leader, overseeing the Hartford office’s team of financial services brokers. …
January 30, 2009
State Farm says it will resume selling renters insurance in parts of Mississippi away from the Gulf Coast. Company spokesman David Majors said that State Farm will still not selling new homeowners policies anywhere in the state, but will sell …
January 30, 2009
The St. Paul school district is getting $1.4 million from the Travelers Cos., and school officials are hailing the gift as a corporate model. The money is for college-readiness for students and leadership training for principals. St. Paul Public Schools …
January 30, 2009
Morgan County teacher Angela Williams tries to maintain order in her special education classroom by keeping students from talking out or leaving their seats without permission. But she said she often hears a disturbing response from disruptive students: They say …
January 30, 2009
The Iowa Senate has sent Gov. Chet Culver a $56 million flood recovery package. Backers said the measure marked the first of a series of measures lawmakers will approve to respond to last summer’s natural disasters. The Senate rejected a …
January 30, 2009
State Farm’s withdrawal from Florida’s property insurance market hasn’t changed its Alabama coastal coverage. State Farm spokesman David Majors said the company will resume offering wind coverage in small parts of Mobile and Baldwin counties where last year it had …
January 30, 2009
Three principals of a Grand Island insurance agency under investigation amid allegations of a Ponzi scheme have agreed to have their insurance licenses revoked. A state hearing had been set for next week to consider removing the licenses for James …
January 30, 2009
In the midst of a winter storm that has left hundreds of thousands of Kentuckians without electricity, a minor earthquake has hit in southeastern Kentucky. The University of Kentucky’s Kentucky Geological Survey Web site says the magnitude 3.1 quake occurred …