Alabama’s second largest insurer of homes, Alfa Insurance, announced plans Friday to not renew policies on one out of every six homes it insures in Alabama. The company said it will send notices involving about 73,000 homes when they come …
Wary of alarming customers, many firms never report the kind of cyber attacks suffered by Sony, Google and others — and as long as the stigma holds, tackling the growing problem may prove impossible. Data theft is a menace that …
The largest and riskiest U.S. financial firms could be forced to hold up to twice as much capital as called for in the international Basel III accord, under one plan the Federal Reserve is considering. Fed Governor Daniel Tarullo said …
Insurance agents are warning contractors in New York City that they may not be able to obtain increased coverage requirements called for by city regulations set to go into effect next week. Many of those new coverages are difficult or …
The company that owned the coal mine where 29 miners died in the worst U.S. mining disaster in four decades concluded the explosion was the result of unpreventable natural gas buildup and not coal dust, contradicting the findings of an …
A former Rhode Island disc jockey has pleaded guilty to an insurance fraud scheme involving a former North Providence town councilman recently sentenced on separate corruption charges. Lori Sergiacomi entered her plea Thursday in federal court in Providence. She’s scheduled …
A nonprofit that manages New Hampshire’s public employees’ health insurance risk pool is repaying the health insurance pool $17 million diverted to support a workers’ compensation program. The Local Government Center’s board announced Thursday it will repay its HealthTrust the …
The amount the state of Oklahoma pays in liability and property insurance premiums is going down. Department of Central Services Director John Richard announced this week the state has received a $7.8 million credit in premiums for the fiscal year …
Jack Messmore will serve as acting director of the Illinois Department of Insurance. He currently serves as chief deputy director of the department, and has worked for the regulatory agency for 25 years. Messmore takes the job after the departure …
The Oklahoma Insurance Department is processing claims from a $51 million settlement of a lawsuit against an insurance company that went under. The Oklahoman reports that money from the settlement will be sent to doctors and other providers that the …
