Insurance Commissioner Mike Kreidler in March disciplined and issued fines totaling $24,250 against insurance companies, agents and brokers who violated state insurance regulations. Insurance companies Unitrin Auto and Home Insurance Co., Jacksonville, Fla.; fined $20,000 Unitrin issued insurance policies using …
Construction workers have the deadliest job in the state, according to the Kentucky Labor Cabinet. The cabinet said that since 2011, the construction industry had 21 deaths, followed by landscaping/tree services workers with 16 deaths, truck drivers and maintenance/repair workers …
John Degnan, a former chief operating officer of Chubb Corp., was nominated for chairman of the Port Authority of New York and New Jersey by New Jersey Governor Chris Christie, filling a vacancy brought on by the scandal over last …
ACE Limited report first quarter, 2014 net income of $734 million, compared to $953 million in Q1, 2013. The decrease came from the capital gain/loss side of the ledger. ACE posted a $207 million capital gain in Q1, 2013, compared …
Walmart has partnered with AutoInsurance.com to offer car insurance to its customers at “everyday low prices.” The new arrangement provides an auto insurance comparison service through the AutoInsurance.com website from national insurance carriers that include Progressive, Esurance, Safeco, Travelers, and …
Willis Group Holdings plc reported net income of $246 million or $1.35 per diluted share in the first quarter of 2014, compared to net income of $219 million, or $1.24 per diluted share, in Q1, 2013. The report noted, however …
Drivers for the ride-sharing services Lyft and Uber will be ticketed in the Tampa area, the Public Transportation Commission announced. Drivers were previously given verbal warnings. Fines can reach $800, including a $500 fine for operating without a certificate. The …
Companies that successfully fight off “unreasonable” patent lawsuits can get their legal fees paid, the U.S. Supreme Court ruled in a decision that may benefit Google Inc., Apple Inc. and other technology businesses. The high court on Tuesday gave trial …
Former AIG chief Maurice “Hank” Greenberg will have to defend himself against claims of accounting fraud in a non-jury trial conducted by a judge he tried to remove for alleged bias. Justice Charles Ramos of New York state court on …
Saga Plc, which provides insurance and holidays to Britain’s over-50s, confirmed earlier reports that it will sell shares in an initial public offering as its private equity owners cut their stakes. The company expects to raise about £550 million ($924 …
