The settlement BP Plc reached last year with most private parties over the 2010 Gulf of Mexico oil spill could be scuttled if a U.S. appeals court doesn’t throw out the interpretation of payments being used by the claims administrator, …
Washington’s State Supreme Court has affirmed that insurers are liable for illegal actions committed by their agents, a decision that will enable the state’s insurance commissioner to continue to go after bad actors and insurance companies they represent among any …
The Strategic Insurance Agency Alliance announced it signed signing of 20 new member agencies during the month of July, five of which were in the West. July’s new members in the West are: Stephen Aragon Insurance of Carlsbad, Calif. Sara …
The state is taking actions aimed at generating more than $3 billion in private sector loans for Superstorm Sandy rebuilding, Gov. Andrew Cuomo says. The Department of Financial Services will offer incentives to private banks if they issue loans for …
The U.S. Department of Housing and Urban Development has approved the first stage of Rhode Island’s disaster recovery plan following Superstorm Sandy. The initial plan, funded through HUD’s community development block grant program, calls for spending $625,600 on housing and …
The Pennsylvania Insurance Department collected more than $343,000 in penalties and fines, as well as more than $73,000 in restitution during the 2013 second quarter, according to the department’s announcement this week. In total, 37 enforcement actions and market conduct …
A southern Illinois businessman has paid off part of a court-ordered legal settlement with nearly four tons of quarters packed into dozens of bags. Roger Herrin, of Harrisburg, was ordered by an appellate court to repay $500,000 in insurance money …
Gov. Pat Quinn says $190 million in federal grants and loans will be awarded to help Illinois residents and businesses in 35 counties recover from April floods. Federal aid to the designated disaster areas includes $143 million in grants to …
President Barack Obama has declared a major disaster exists in 10 eastern Iowa counties hit by storms and flooding in June. The White House says in a news release that Obama signed the declaration Wednesday evening for Allamakee, Benton, Buchanan, …
A Travis County, Texas grand jury has indicted Mark Edward Helm and McClanahan Drywall Inc., of Emory, Texas, on workers’ compensation fraud-related charges. Helm was an officer of McClanahan Drywall Inc. and obtained workers’ comp coverage through Texas Mutual Insurance …
