A federal judge has granted class action status to a lawsuit filed by members of Quinnipiac University’s volleyball team alleging gender discrimination in the school’s athletic programs. Judge Stefan Underhill’s ruling means if he finds Title IX violations, he could …
Bailed-out insurance giant American International Group has slashed its exposure to credit derivatives by nearly two-thirds under government ownership, but a full recovery for taxpayers remains uncertain, a senior U.S. Treasury official said on Wednesday. Jim Millstein, the Treasury’s chief …
The Obama administration Tuesday slammed as “inappropriate” an attempt by Transocean Ltd to limit its liability for its role in the BP Plc oil spill in the Gulf of Mexico to under $27 million. Noting that the law the company …
The Texas Department of Insurance has filed a proposed rule that would prohibit the use of discretionary clauses in life, accident, and health insurance policy forms. The proposed rule was filed as a result of an October 2009 request from …
State Farm will file a rate increase with Mississippi Insurance Commissioner Mike Chaney in the next few months. Company spokesman David Majors said that details are still being worked out. Last year, State Farm boosted rates by an average of …
While price is a key motivator in the auto insurance shopping process and final purchase decision, its impact on new-buyer satisfaction has declined, compared with one year ago, according to a new industry study. The J.D. Power and Associates 2010 …
A few months after a 10-year-old child was placed with eight other children in a Tampa foster home overseen by a single mom, a 13-year-old boy sneaked into his room and raped him in 2005. But Hillsborough Kids Inc., a …
Oregon State University scientists are testing a model of what could be a tsunami-resistant City Hall for Cannon Beach on the Oregon coast. Engineers and seismic experts at the Wave Research Laboratory in Corvallis say they use scale models to …
State Farm Mutual Automobile Insurance Co.is the first insurer to submit an application to offer an program that rewards California drivers who voluntarily drive fewer miles with lower auto insurance rates. State Farm is the first insurer to submit a …
Two trade groups for New York insurance agents are suing the state’s insurance regulator over new rules that will force them to reveal to clients how much they are paid for a particular transaction. The Independent Insurance Agents and Brokers …
