Walmart and Target Corporation will pay $232,000 to cities and towns across Massachusetts to settle allegations that the companies allegedly overcharged public agencies for prescription drugs through the workers’ compensation insurance system.Massachusetts Attorney General Martha Coakley announced the settlement on …
New York’s top insurance regulator has directed insurers to detail payouts and reserves for claims in the 2001 World Trade Center attacks in an effort to prompt settlement of the decade-old federal case. Benjamin Lawsky, superintendent of the Department of …
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 …
Massachusetts officials said two men — including a former claims manager — have been indicted in connection with a scheme to fraudulently collect an insurance payment of more than $23,000. “We allege that these defendants conspired to defraud an insurance …
New Jersey officials said overall traffic-related fatalities in the state for the first six months of 2012 were 262 — down 10 percent from 291 during the same time last year. However, the 2012 figure is slightly higher than at …
New York will be offering its annual training session this month for property/casualty insurance adjusters who want to seek or maintain certification so they can conduct adjuster services for claims filed under National Flood Insurance Program (NFIP) policies. The training …
A New Jersey court struck down last week a claim by a former bank employee who sought workers’ comp disability benefits for what the claimant described as a psychological illness caused by occupational stress.The court stated that in order to …
Vermont’s push for universal, publicly funded, single-payer health care is going ahead no matter what, Gov. Peter Shumlin said, but he hailed the U.S. Supreme Court decision upholding the federal Affordable Care Act as a big boost for the state’s …
New York-headquartered Marsh & McLennan Companies Inc., has promoted Paula McGlarry to general counsel of Oliver Wyman Group, the company’s management consulting subsidiary.
Widespread misunderstanding regarding the proper use of certificates of insurance has led to new changes relating to their use, according to Virginia’s Bureau of Insurance. The changes went into effect July 1.The Bureau reported that some private and public entities …
