December 23, 2013
Former American International Group executives are pursuing an ethics complaint against the New York prosecutors still bringing the charges that cost them their jobs at the insurance giant in 2005. The complaint at the Joint Commission on Public Ethics by …
December 23, 2013
A woman who sued San Diego County over the release of an autopsy photo of her 2-year-old son has settled the privacy case for $125,000. A lawyer for Brenda Marsh tells U-T San Diego that she settled the case before …
December 23, 2013
CompWest Insurance Co., part of the Accident Fund Holdings family, has partnered with Align General Insurance Agency to write workers’ compensation insurance in California for high-quality risks with a debit experience modification, effective January 1, 2014. This new program is …
December 23, 2013
The Idaho Department of Insurance issued orders revoking the Idaho insurance producer licenses held by Adrian Rand Robison and his son, Adrian Russell Robison. Rand Robison was the founder and chairman of the board of The Legacy Network, an insurance …
December 23, 2013
New York Gov. Andrew Cuomo announced last Friday the state issued $370 million in bonds to assist businesses in failed group self-insured trusts fulfill their obligations to their injured workers. The bonding is made possible in Gov. Cuomo’s 2013 Business …
December 23, 2013
An investigation by Washington Insurance Commissioner Mike Kreidler’s office has resulted in charges of theft and fraud against a Tacoma woman who attempted to collect insurance money for a car she claimed was stolen and destroyed in a fire. Donica …
December 23, 2013
USI Insurance Services has acquired Molton, Allen & Williams (MAW), headquartered in Birmingham, Ala. Terms of the transaction were not disclosed. USI said it will combine MAW with its existing Birmingham office under John Williams, MAW’s chairman and chief executive …
December 23, 2013
Private U.S. property/casualty insurers’ net income after taxes rose to $43 billion in nine-months 2013 from $27.8 billion in nine-months 2012, with insurers’ overall profitability as measured by their annualized rate of return on average policyholders’ surplus increasing to 9.5 …
December 23, 2013
Ally Financial Inc., the auto lender majority owned by the U.S. government, won regulatory approval to change its holding-company status, allowing the firm to keep an insurance business and a vehicle-auction website. The Federal Reserve granted Ally’s request to convert …
December 23, 2013
The Catholic Church isn’t harmed by the U.S. Affordable Care Act’s requirement for providing employees with insurance coverage for contraceptives, a judge ruled, throwing out most of a lawsuit challenging the provision. U.S. District Judge Amy Jackson in Washington last …