The New York Federal Reserve Bank under Timothy Geithner urged insurer AIG in late 2008 to limit disclosures about its payments to banks after getting a $180 billion government bailout, emails released Thursday showed. The email exchanges, between the New …
The Department of Financial Services helped recover over $22 million for Florida’s insurance consumers in 2009, according to officials. The $22 million represents an increase from $14 million recovered in 2008. Florida CFO Alex Sink said one recent success story …
A legal watchdog group has asked a court to order U.S. securities regulators to cough up records showing they implemented promised reforms following their failure to detect Bernard Madoff’s massive Ponzi scheme. In a lawsuit filed Wednesday in federal court, …
Baton Rouge, La.-based LUBA Workers’ Comp policyholders’ claims fell more than 4 percent in 2009 compared with 2008. The company said several of the top categories of accidents dropped as well. Slips, trips and falls – the single biggest category …
Hundreds of people who canceled a cruise vacation booked though Florida travel agents because of illness say the insurer didn’t pay. Health News Florida reports that Florida’s Department of Financial Services began its investigation into Prime Travel Protection Services a …
Oklahoma State Rep. Steve Martin has filed a bill that would allow law enforcement officials to impound vehicles that are found to be uninsured. “This bill addresses one of the most consistent demands of voters in my district and across …
State Rep. Ken Guin says Alabama needs to ban people from text messaging while driving a motor vehicle, and a recent experience with a driver swerving “all over the road” is a reason why. “I started to drive around her. …
Jeff Ward, a director of London Market reform technology specialists TriSystems, and his colleagues have been busy lately. They’ve been working on the latest version of an electronic communications service for London’s brokers. With the official launch planned for Fenruary …
Mississippi’s insurance regulator, as he earlier indicated he would do, has denied a request from Allstate Property and Casualty Insurance Co. for a statewide home insurance price hike of about 60 percent. The increase would have affected about 50,000 policyholders. …
Low-wage workers in Los Angeles experience more wage and labor violations than low-wage workers in Chicago and New York, a new study by the UCLA’s Institute for Research on Labor and Employment has found. The survey found that low-wage workers …
