February 9, 2009
The Hartford has filed a lawsuit to determine whether it must pay claims filed by victims of a nationwide salmonella outbreak traced to the Virginia peanut butter maker it insures. Hartford, Conn.-based Hartford Casualty Insurance Co. filed suit Tuesday against …
February 9, 2009
Insurance companies that applied for capital injections from the government’s $700 billion financial bailout fund could get approval as soon as Monday, two sources familiar with the matter said Saturday. Some insurance companies recently received approval to acquire banks, paving …
February 9, 2009
The FBI is involved in the investigation of a Grand Island insurance agency suspected in a Ponzi scheme. An FBI investigator, accompanied by a Nebraska state trooper, visited First Americans Insurance Service on Friday. Last month, the Nebraska attorney general …
February 9, 2009
Disbarred attorney Richard “Dickie” Scruggs, who is serving a five-year prison sentence in a high profile judicial bribery conspiracy, is scheduled to appear in federal court in Mississippi Tuesday. Scruggs was one of the most powerful civil attorneys in the …
February 9, 2009
A divided Michigan Senate has voted to stop Gov. Jennifer Granholm’s administration from instituting mandatory workplace ergonomics rules in the state. But the 20-16 vote is unlikely to change much. The Democratic governor vetoed similar GOP-backed legislation in 2006. The …
February 9, 2009
The parents of an Iowa teenager killed 10 years ago in a van crash in southern Wisconsin have filed a lawsuit seeking damages for their son’s death. Albert and Deanna Roberts of DeWitt, Iowa, filed the lawsuit against Iowa Mutual …
February 9, 2009
Gov. Jennifer Granholm doesn’t want Michigan motorists to pay any more than they are now to support seriously injured accident victims. The governor asked the Michigan Catastrophic Claims Association to not increase its annual assessment above the current level of …
February 9, 2009
Gov. Jay Nixon has picked a Swiss Re insurance claims executive to lead the Missouri insurance department. John Huff, a Missouri native, has worked since July 2008 at the Zurich headquarters of Swiss Re, one of the world’s larger reinsurance …
February 9, 2009
A Des Moines-based insurance company has announced it will eliminate 60 jobs as part of the company’s business plan. Officials with American Enterprise Group Inc. said that 51 of the layoffs will come from Des Moines and nine will come …
February 9, 2009
Bermuda-based AXIS Capital Holdings Limited expects to release financial results for the fourth quarter and year ended December 31, 2008, today, Monday, February 9, 2009, after the close of the financial markets. John Charman, CEO and President, and David Greenfield, …