A former Tulsa insurance agent was charged on Dec. 8 with embezzling more than $64,000, the Oklahoma Insurance Department announced. The charges against Michael W. Hefner, 47, are the result of a joint investigation by the Oklahoma Insurance Department and …
Food giant ConAgra faces a court hearing to finalize an $11.2 million settlement – including the largest criminal fine ever in a U.S. food safety case – to resolve federal charges in a salmonella outbreak that sickened hundreds who ate …
The U.S. Department of the Treasury has raised The Main Street America Group’s NGM Insurance Company’s single surety bond capacity threshold to $98.6 million. The super-regional property/casualty insurance carrier’s previous capacity was $93.4 million. According to Main Street America, the …
It’s been a tumultuous year for the Florida insurance industry. It would seem the biggest story would be the end of Florida’s hurricane drought as the state got hit by not one, but two hurricanes this year, the first hurricanes …
The outlook for the Canadian property and casualty (P/C) industry is stable, driven by good demand, strong underwriting discipline and solid balance sheets, says Moody’s Investors Service in a report. However, these trends will be offset by persistently low investment …
An Oregon man has filed a $3.9 million wrongful death lawsuit against a Eugene tavern and one of its customers. Julio Ortiz Ahumada of Springfield says the Keg Tavern served alcohol to a “visibly intoxicated” Isabel McDaniel on Dec. 11, …
Authorities say a construction worker has been crushed to death at a landfill in Southern California. Capt. Daryll Milliot with the Orange County Fire Authority says the man in his mid-to-late 30s was killed at Prima Deshecha landfill in San …
The U.S. Supreme Court let stand the National Football League’s $765 million concussion settlement, turning away contentions by former players that the accord won’t adequately compensate them for the brain damage they may have suffered. The justices left intact a …
The U.S. Supreme Court on Monday rejected former American International Group CEO Maurice “Hank” Greenberg’s bid to escape civil fraud charges in New York accusing him of orchestrating sham transactions at the insurer, even as his trial continues. The justices …
National General Holdings Corp. has entered into a renewal rights transaction with Nationwide Mutual Insurance Co. for its personal and commercial non-standard vehicle in-force policies. National General will partner with Nationwide’s exclusive and independent agent force to sell its policies …
