The health insurance industry Thursday struck back at provisions in Congress’ healthcare proposals that it said would do little to curb the nation’s spiraling costs or provide people more affordable coverage. Congress is tip-toeing toward incremental healthcare reform that does …
Texas Mutual Insurance Company reports that Donna Iverson, owner of C&D Business Services Inc., and Carol Wiesman pleaded guilty to workers’ compensation fraud-related charges. The 299th District Court in Austin sentenced Iverson and Wiesman to 10 years’ deferred adjudication and …
New Jersey is No. 2 when it comes to the nation’s highest auto insurance rates. Data in the National Association of Association of Insurance Commissioners’ annual report shows the average Garden State resident in 2007 paid just over $1,100, down …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and the issuer credit rating (ICR) of “a-” of South Korea’s Hyundai Marine & Fire Insurance Co., Ltd. (HMFI) both with stable outlooks. “The ratings reflect the …
Workplace inspectors cited ConAgra Foods Inc. and a contractor for dozens of serious safety violations in the June explosion at a Slim Jim plant that killed four people, the state Labor Department said this week. Most of the citations against …
A Dallas and New Orleans-based hurricane restoration company that has been subject to numerous lawsuits since Hurricane Katrina, and several of the company’s executives, have been charged by the Securities and Exchange Commission with accounting fraud. The SEC alleges Home …
Recently retired New York Cardinal Edward Egan expressed skepticism over sexual abuse allegations against priests when he was a Connecticut bishop a decade ago, saying he found it “marvelous” that so few priests had been accused over the years, according …
Washington State’s new domestic partnership law goes into effect today, and that means wherever a policy says ‘spouse’ the policy must cover registered domestic partners, Insurance Commissioner Mike Kreidler said. Writing on his state insurance blog, Kreidler said the new …
Maine’s supreme court may have the final say over whether victims of the Hannaford supermarket chain’s data breach can sue for damages. A federal judge who’s considering a class-action lawsuit asked the Maine Supreme Judicial Court whether consumers who’ve been …
Insurance agents in Alabama and Louisiana may now access the services provided by TAPCO Underwriters Inc. (TAPCO), a Burlington, N.C.-based MGA that specializes in high-volume, middle-market excess and surplus insurance lines. The company explained in its announcement that it has …
