November 22, 2010
A former North Providence councilman already accused of corruption was indicted Thursday along with three others, including an on-air radio personality, of trying to rip off an insurance company by intentionally damaging a home and filing a bogus claim. A …
November 22, 2010
A series of earthquakes, including one with a magnitude of 3.9, has rattled parts of Central Arkansas. The U.S. Geological Survey reported a number of temblors near Guy on Saturday, with magnitudes ranging from 1.7 to 3.9. The strongest quake …
November 22, 2010
A deal reached by New York City and workers exposed to toxic dust that blanketed ground zero after the Sept. 11 terrorist attacks will resolve an overwhelming majority of the lawsuits over the city’s failure to provide protective equipment to …
November 22, 2010
Insurance and risk management students at four Texas universities were recently awarded $40,000 in academic scholarships from the Insurance Council of Texas (ICT) Education Foundation. The students attend St. Mary’s University in San Antonio, Baylor University in Waco, the University …
November 22, 2010
CIS Group LLC, a subsidiary of CIS Holdings LLC and an affiliate of CEP, has completed its acquisition of Cornerstone Appraisal Services of Valparaiso, Indiana. This acquisition marks the third property inspection services company that CIS Group has acquired, including …
November 22, 2010
U.S. property/casualty insurers are not likely to sustain substantial losses on municipal bonds, Moody’s Investors Service says in a new report. While muni bonds make up a high 27 percent of P/C insurers’ invested assets, credit losses would be manageable …
November 22, 2010
New York agents failed to make their case that insurance regulators cannot require agents and brokers to disclose their commissions, a Supreme Court judge has ruled. That just-released decision by Supreme Court Justice Richard M. Platkin appears to end for …
November 22, 2010
The insurance technology platform that promises to streamline transactions between insurance agents/brokers and their carriers now has a formal advisory board to guide data privacy, pricing and other policies. The new Insurance Exchange Trust Inc. is charged with overseeing the …
November 22, 2010
The family of a man who died after nine days in a Madisonville nursing home has won a $42.75 million verdict. Attorney Lisa Circeo argued in court that 92-year-old Joseph Clint Offutt died because Harborside of Madisonville staff neglected him. …
November 22, 2010
Federal regulators late Friday warned 13 mining operations in seven states, including two owned by troubled Massey Energy Co., to show improvement on safety or face stricter enforcement. The Mine Safety and Health Administration says a 14th mining operation, Massey’s …