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Oklahoma Lawmakers Seek to Increase Looting Penalties

Reports of dozens of arrests of suspected looters in tornado-ravaged areas of central Oklahoma prompted several legislators to call for increasing the penalty for taking items from victims of natural disasters. Moore police have arrested about three dozen people for …

60 Patients of Indiana Nose Doc to Be Compensated

The final 60 patients who have pending medical malpractice claims against a former northwestern Indiana nose surgeon who disappeared while vacationing in Greece and was captured five years later on an Italian mountainside will receive compensation through a settlement. The …

Reports: ExxonMobile Arkansas Pipeline Had Past Minor Leaks

Federal agency accident records show that the ExxonMobil pipeline that spilled thousands of gallons of oil near Little Rock, Ark.., in March has had at least 13 minor leaks since 2002. The federal Pipeline and Hazardous Materials Safety Administration documents, …

Court Dismisses Class Action Status in Google Digital Books Case for Now

A federal appeals court on Monday said a lawsuit against Google Inc.’s effort to create the world’s largest digital books library should not have been allowed to proceed as a class action. The 2nd U.S. Circuit Court of Appeals in …

GEICO Names Roberts President, Chief Operating Officer

Bill Roberts has been named president and chief operating officer of GEICO, the giant insurer said. Tony Nicely will continue to serve as chairman and chief executive officer. Roberts had served as executive vice president of GEICO since 2000 with …

Progressive to License Usage-Based Pricing Tool to USAA

Progressive Corp., the fourth-largest U.S. auto insurer, agreed to license its usage-based pricing technology to United Services Automobile Association. USAA would pay 0.02 percent of its annual direct written premiums on auto coverage, Mayfield Village, Ohio-based Progressive said today in …

Insurers Can’t Require Examinations Under Oath in Pre-2012 PIP Claims: Florida Court

The Florida Supreme Court ruled that prior to a 2012 state law, auto insurer Geico didn’t have the right to force a policyholder to answer questions under oath before paying a personal injury protection (PIP) benefits claim. The ruling applies …

Confie Seguros Acquires CW Baker, Lewiston Insurance Agencies in New York

Hispanic market-focused insurance agency network Confie Seguros announced the acquisition of CW Baker Insurance Agency and Lewiston Insurance Agency, two providers of standard and preferred personal insurance located in upstate New York near Niagara Falls. Confie Seguros said these latest …

West Virginia Property Insurance Stable Despite 2012 Storm Payouts

West Virginia property owners in general didn’t see a huge uptick in insurance premiums after making claims from last summer’s massive windstorm, state data shows. Figures compiled by the state Insurance Commissioner’s office show nearly 36,700 insurance claims were filed …

How Alabama County’s $4.2B Bankruptcy Plan Affects Insurers, Other Debtholders

Jefferson County, Alabama, filed a plan to end the biggest U.S. municipal bankruptcy later this year by cutting $1.2 billion in principal payments to investors holding defaulted sewer-related debt. Less than $100 million of the county’s $4.2 billion in debt …

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