February 21, 2014
The Kentucky Department of Financial Institutions has created a task force aimed at preventing financial cybercrime. “The task force will help prevent cyberattacks from undermining the future integrity of the Kentucky financial system,” said DFI Deputy Commissioner Sarah Butler. “Besides …
February 21, 2014
Channel Harvest Research, in partnership with Insurance Journal, has launched a new study of the independent agency system, probing agents’ attitudes toward insurance carrier relationships and, in particular, the companies they represent. The research, dubbed “Leaving Independent Agents to Their …
February 21, 2014
North Carolina Insurance Commissioner Wayne Goodwin has scheduled a hearing on August 6 in Raleigh on the insurers’ request to raise homeowners insurance rates an average of 25.3 percent. Goodwin said the proposed rates appear to the Department of Insurance …
February 21, 2014
Although a deal has been signed to end the crisis in Ukraine after a night of tense talks between President Yanukovych, European ministers and members of the opposition movement, it might not be enough to end the violence in the …
February 21, 2014
Two women are suing Southern California Edison, claiming their electricity was cut off for refusing to pay a nearly $140,000 bill racked up by a marijuana grower. City News Service says the suit, filed Wednesday in Los Angeles, alleges breach …
February 21, 2014
The mother of a 22-year-old man with severe food allergies who died at the Snohomish County Jail in Washington in 2012 has sued Snohomish County. The lawsuit Rose Saffioti filed Wednesday lists as defendants the county, a corrections officer and …
February 21, 2014
A medical-device manufacturer with offices in California and Washington has agreed to pay the federal government up to $5.25 million to resolve allegations that it encouraged doctors to over-charge federal health-care programs for a procedure using their device, the U.S. …
February 21, 2014
A wrongful death lawsuit has been filed by the parents of an Orange County software developer who was killed in a crosswalk last year after being struck by a vehicle fleeing police. The Orange County Register reported the civil action …
February 21, 2014
The board of governors of the Federal Reserve System has released transcripts, presentations and other historical materials from the Federal Open Market Committee meetings of 2008 that took place during the financial crisis. The transcripts may be found
February 21, 2014
The property/casualty insurance industry is likely to face cost shifting by hospitals, physicians and other medical providers due to the Patient Protection and Affordable Care Act (ACA), according to an insurance industry white paper. In addition, property/casualty insurers may potentially …