March 6, 2009
Dodge County’s sheriff is cautioning Wisconsin property owners with financial trouble not to resort to arson to solve their problems. Sheriff Todd Nehls says he’s noticed a disturbing trend. Cars, houses or cabins are going up in smoke by owners …
March 6, 2009
A Florida House panel has given the green light to a bill that would set requirements for the use of automatic cameras to fine owners of vehicles that run red lights. The measure, approved by the Roads, Bridges & Ports …
March 6, 2009
Veteran doctor John Muney says his flat-fee, $79-a-month medical practice is a formula for making health care affordable and patient-friendly. But New York regulators see it as self-styled insurance and have told him to shut it down. The dispute, which …
March 6, 2009
The U.S. Federal Reserve refused to identify trading partners benefiting from a $180-billion taxpayer bailout of American International Group as one lawmaker said Europe’s financial stability was at stake in the rescue of the insurer. The identity of those being …
March 6, 2009
The U.S. government rescued giant insurer American International Group in part because its collapse would dramatically hurt European banks, a senior Democratic lawmaker said Thursday. The U.S. government has bailed out AIG three times since Sept. 16 and committed about …
March 6, 2009
“The terrorist attack on the Sri Lanka cricket team in Lahore [Pakistan] highlights the vulnerability of sporting events to terrorist disruption,” warned Dr. Gordon Woo, terrorism risk expert at Risk Management Solutions. “A characteristic of terrorist behavior is learning from …
March 6, 2009
The UK’s Aviva PLC, Europe’s biggest provider of life insurance and pension products, booked a net loss for 2008, due to a drop in the value of assets amid the financial crisis, which caused the company’s shares to plunge on …
March 6, 2009
Aon’s London office announced that “as global companies demand ‘quick wins’ in the face of capital constraints and expected insurance premium increases,” its Global Risk Consulting unit is launching a “Cost Reduction Initiative for EMEA [Europe, Middle East, Africa] businesses …
March 6, 2009
Nevada Insurance Commissioner Scott J. Kipper has approved a rate change for homeonwers insurance premiums as filed by State Farm Fire and Casualty Co. The rate change will become effective on April 1, 2009, for new business and on May …
March 6, 2009
Utah bars and restaurants could soon get in trouble for serving someone who isn’t legally intoxicated, but shows signs of being drunk. A Utah House committee unanimously approved a bill that’s intended to make it easier for the Department of …