May 8, 2013
Alabama’s Jefferson County will brief a federal judge on Thursday on its progress toward exiting from bankruptcy, as the county appears likely to become the first big U.S. local government to impose losses on bondholders since the 1930s. The case …
May 7, 2013
A Washington man thought he found the perfect way to get prescription narcotics – go to a hospital claiming to be in pain due to a work related injury. But, an investigation by Washington’s Department of Labor & Industries uncovered …
May 7, 2013
As a horde of bills that’s introduced each year wends their way through both houses of California’s Legislature, a few people in the insurance industry are watching closely an innocuous looking bill with simple language to change a few words …
May 7, 2013
Congress will begin writing a new, $500 billion U.S. farm law next week, the head of the Senate Agriculture Committee said on Tuesday, even as calls mounted for deeper cuts in farm subsidies and food stamp spending. The Senate panel …
May 7, 2013
American International Group Inc. may pursue a lawsuit accusing Bank of America Corp.’s Countrywide unit of causing billions of dollars of losses by fraudulently inducing it to buy risky residential mortgage-backed securities. U.S. District Judge Mariana Pfaelzer in Los Angeles …
May 7, 2013
CBIZ Inc. announced it acquired Associated Insurance Agents (AIA), of Minneapolis, Minn., effective May 1, 2013. Established in 1982, AIA is an insurance brokerage agency specializing in property and casualty insurance, personal lines, and health and benefit insurance for clients …
May 7, 2013
Insurance Incorporated has opened an office in Upland, Calif. to serve business owners and consumers located in San Bernardino County and surrounding areas. The office will be led by Tom Thomas, who has 30 years’ experience in the insurance industry. …
May 7, 2013
Families of nursing home residents will soon be able to electronically monitor their loved ones thanks to legislation signed into law by Gov. Mary Fallin. Senate Bill 587, by Sen. Ron Justice, will allow nursing home residents to install electronic …
May 7, 2013
New York conservation officials say continuing dry weather has raised the danger of wildfires, advising rural and suburban residents that all residential brush burning is prohibited during the usually high fire risk period from March 16 through May 14. Department …
May 7, 2013
Rockwood Programs has implemented underwriting guideline changes to its P&C Agents E&O program. The modifications will result in a rate decrease in the states of California, Massachusetts, Nevada, and Texas. The exact amount of the decrease will be dependent on …