Illinois insurance regulators announced that Lumbermens Mutual Casualty Co. (Lumbermens) and American Manufacturers Mutual Insurance Co. (American Manufacturers) have agreed to being placed into rehabilitation. The Illinois Department of Insurance said under an Agreed Order of Rehabilitation payment of policyholder …
The Independent Insurance Agents of Texas (IIAT) honored former Corpus Christi independent insurance agent Loyd Neal with the Drex Foreman Award presented at IIAT’s 115th Annual Conference and Trade Show in San Antonio. Named after Drex Foreman, who served as …
Lockton St. Louis announced the addition of Jim Mathewson, senior vice president, to its Risk Management team. In his new position, Mathewson will be responsible for working directly with clients to provide strategic direction and advice. He will also be …
The U.S. Department of Labor has entered into a settlement agreement with Pilgrim’s Pride Corp. in Mount Pleasant, Texas, to resolve allegations that the company terminated an employee who raised environmental complaints, in violation of the whistleblower provision of the …
A lawsuit filed on Tuesday by the Los Angeles County Medical Association (LACMA), California Medical Association (CMA) and a coalition of health care organizations and providers accuses Aetna Health of California of “routinely and illegally” denying patients access to out-of-network …
Nevada is leaving the surplus lines tax clearinghouse to which it belongs, Nevada’s insurance commissioner confirmed Tuesday. Nevada’s departure is the latest in a string of states to exit the Non-Admitted Insurance Multi-State Agreement, Hawaii being another recent state to …
A New York court ruled last week that Aon Risk Services Northeast can proceed with its lawsuit against California-based Alliant Insurance Services involving employment covenants. Aon alleged that several of its former executives who now work for Alliant had conspired …
As of July 1, 2012, the California Earthquake Authority (CEA) is offering its new Homeowners Choice product line. The new product will give residents greater control over their earthquake insurance premium and the ability to select (or decline) coverage of …
While he is disappointed with the Supreme Court’s decision to uphold federal health reform legislation, Oklahoma Insurance Commissioner John D. Doak said he will do his duty under the law. However, he said potential legal challenges remain, namely on the …
The State of Michigan, whose Supreme Court struck down an absolute ban on the use of credit information in insurance underwriting and rate-making decisions, has moved to slightly loosen its insurance scoring restrictions while still retaining significant consumer protections. Republican …
