The California Legislative Analyst’s Office issued a report yesterday that says the state’s General Fund is going to come up $20 billion short when its present budget ends. The report says officials are going to need to deal with this …
The healthcare legislation released by the Senate’s Democratic leaders Wednesday resembles a bill passed by the House of Representatives on Nov. 7 in many ways but there are some major differences between the two. The Senate has yet to begin …
Private equity firm Lightyear Capital is looking for acquisitions in sectors including insurance, banks, processing companies and asset management, CEO Donald Marron said Monday. Lightyear has stayed on the sidelines for the last year, although it recently struck a deal …
About 40 people have died after being inoculated against H1N1 pandemic flu, but investigations so far show the fatalities were not caused by the vaccine, the World Health Organization said on Thursday. The U.N. agency reaffirmed that the pandemic vaccine …
Ford, Subaru and Volkswagen lead the insurance industry’s annual list of the safest new vehicles, according to a closely watched assessment used by car companies to lure safety-conscious consumers to showrooms. The Virginia-based Insurance Institute for Highway Safety awarded its …
Members of Wyoming’s Joint Judiciary Committee have voted down a measure that would have increased liability for oil and gas operators whose employees are injured in workplace accidents. Proponents of the bill, known as “duty of care,” said it would …
XL Insurance, the global insurance operations of XL Capital, announced “the strengthening of its equine capabilities” with the acquisition of an underwriting and claims team from London-based Unicorn Underwriting Limited, a subsidiary of THB Group plc. “The team of five …
A Connecticut jury has awarded $15 million to automobile repair shop owners in their lawsuit accusing an affiliate of The Hartford Financial Services Group of unfair trade practices. The Stamford Superior Court jury this week found in favor of the …
The number of Washingtonians with no health insurance will soon reach 1 million, according to a report issued yesterday by the state’s Insurance Commissioner Mike Kreidler. Kreidler also predicts that the cost of uncompensated medical care in the state will …
Gov. Charlie Crist has urged Florida lawmakers to ban texting while driving. Crist this week asked Julie Jones, executive director of the Department of Highway Safety and Motor Vehicles, to include such a measure in her agency’s annual list of …
