A U.S. judge on Monday certified a class action lawsuit for stockholders, but not bondholders, against American International Group Inc. U.S. District Judge Deborah Batts denied a request by three Ohio state public pension funds to certify the class of …
American Family Mutual Insurance Co. is lowering Arizona auto insurance rates by an average of 5.9 percent starting March 1, saving its Arizona auto insurance customers $13.7 million, the Madison, Wis.-based insurer announced. American Family’s standard auto insurance subsidiary, American …
To many Americans, it’s a matter of common sense: traders who failed so spectacularly at their jobs that they nearly brought down the global economy should be fired, not rewarded with handsome bonuses. Yet AIG, the fallen insurer, paid out …
Washington state insurance commissioner Mike Kreidler issued more than $400,000 in fines in 2009, as well as revoking the licenses of several insurance agents, the Office of the Insurance Commissioner announced. Kreidler’s office collected a total of $407,600 in fines …
A review of 3,000 consumer complaints against Anthem Blue Cross, California’s largest for-profit health insurer, has found over 700 violations of state law during the past four years, state regulators said on Monday. The investigation into claims-handling practices by Anthem, …
Hawaii’s Senate Ways and Means Committee has advanced a bill that would use money from the state’s Hurricane Relief Fund to end school furlough days. Senate Bill 2124notes that reductions and restrictions to the Department of Education’s operating budget of …
Funeral processions are a time-honored tradition in the South, but the customary show of respect is dying in some cities. In Mississippi, the Gulfport Police Department recently decided to limit funeral processions to five cars, a move that has upset …
The mayor of Miles City, Mont., said a new federal map nearly doubles the size of the city’s 100-year flood plain and could result in hundreds of residents paying for increased flood insurance. Joe R. Whalen said the maps by …
Nearly 1,700 motorists have been cited for speeding in Bluff City, Tenn., since new traffic cameras were installed in December. They are accused of speeding through a 1.3-mile stretch of U.S. 11E that is a 45 mph zone. The citations …
North Dakota has an “incredible risk” of record spring flooding in Fargo, while major floods near Minot and Bismarck are possible from the winter’s heavy snowfall, National Weather Service analysts said. “We have more than enough water on the ground …
