Liberty Mutual Insurance Co. last Friday asked a federal judge to undo part of a recent settlement by a reinsurance unit of Warren Buffett’s Berkshire Hathaway Inc. with federal investigators, saying it was a victim of fraud. The reinsurer, General …
Three days before the deadly explosion at a Connecticut natural gas power plant, a federal agency that investigates chemical accidents recommended urgent changes to national safety standards for clearing gas from pipes. But even if those changes had been in …
A Republican state lawmaker who is running for governor in Georgia has introduced legislation to ban executives of insurance companies from contributing to a political campaign for the office of state insurance commissioner or to any campaign conducted by an …
A Massachusetts man has filed a lawsuit blaming the New Hampshire Department of Transportation and the town of Windham for a car crash during the massive December 2008 ice storm. Steven Ford of Lawrence, Mass., claims traffic lights had been …
Anthem Blue Cross has agreed to a Feb. 8 request by California Insurance Commissioner Steve Poizner to delay its individual health insurance rate increase until May 1 to allow an independent actuary to review their rates, the California Department of …
A plea deal may be in the works for the former chief executive of Louisiana’s state-run property insurance company. Defense attorneys and state prosecutors said they have been talking about a possible plea bargain for Terry Lisotta, who was indicted …
The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has learned. The practice costs governments billions …
Recent record snowfall in the Dallas/Fort Worth area resulted in insured losses at $25 million, the Insurance Council of Texas reported. The snow accumulations of up to a foot paralyzed the area’s transportation system and caused widespread damage from falling …
California State Compensation Insurance Fund has announced that Lisa Middleton, senior vice president of internal affairs, was elected chair of the Workers’ Compensation Fraud Assessment Commission. Middleton brings 35 years of experience in the workers’ compensation insurance industry and offers …
The board of Louisiana Citizens Property Insurance Corporation will vote in March on a proposed increase for commercial policy holders that will average 4.57 percent. Insurance Commissioner Jim Donelon told The Times-Picayune that his office has signed off on the …
