The Connecticut Insurance Department is advising homeowners to prepare their property against potential springtime weather risks, such as excessive rainfall and flooding. The state’s insurance commissioner Thomas Leonardi says it’s essential for homeowners to understand their coverage – what they …
An attorney who represents three people who say they were molested by a former cadet at The Citadel in South Carolina has filed six lawsuits against the former student, the school and its president. Mullins McLeod said his clients and …
While state officials are widely praising Florida’s new no-fault auto insurance law, insurers are wary of having to implement rate decreases before there is a corresponding drop in losses as the new law stipulates. The new law specifies that by …
The Hartford Financial Services Group yielded to demands from its biggest shareholder, famed hedge fund manager John Paulson, and said on Wednesday that it would get rid of most of its life insurance-related operations. The Hartford, one of the oldest …
Lawyers and judges warned lawmakers on Monday that budget constraints on the state’s judiciary are imperiling the delivery of justice and compromising security in its courts. Robert Mulligan, chief justice for administration and management, said a 17 percent reduction in …
Maryland Lt. Gov. Anthony Brown wants to increase the number of applications to a federally funded health insurance program run by the state. Brown kicked off the second anniversary of the federal Affordable Care Act on Monday with a marketing …
The U.S. Chamber of Commerce and BUSINESSEUROPE have issued the following statement in a letter signed by twelve U.S. and European business associations to President Obama and EU Presidents Van Rompuy and Barroso, calling for urgent action to create a …
A supervisor in Pennsylvania’s workers’ compensation program has been charged with bribery. Agents from the state attorney general’s public corruption unit arrested 53-year-old James McDonnell of Scranton on Monday. His wife, 44-year-old Michelle McDonnell, was also arrested and charged with …
Global information technology spending by insurance companies is expected to reach $140.6 billion in 2012, an increase of 6.3 percent over 2011, according to a new report from Celent, part of the Oliver Wyman (MMC) group. The figure is substantially …
The Bermuda-based Everest Re Group announced that Craig Howie will join the Company as Executive Vice President on March 26, 2012. Following the first quarter filings of the Company’s SEC financial statements, he will assume the role of Chief Financial …
