The chief executive of a company allegedly selling fraudulent health insurance says he is fully cooperating with the Illinois Department of Insurance to resolve the matter. Donald Chew, president and CEO of ReAssurance Health, says he has turned over all …
An 83-year-old woman in Michigan says she won’t suffer silently after an insurance company raised her bill from $585 to $4,092. Alice LaDuke lately has been standing outside the home office of Auto-Owners Insurance in Delta Township, near Lansing, wearing …
The state insurance department says the Missouri Farm Bureau will take over the operation of three small insurance companies that became insolvent after paying claims from the deadly Joplin tornado. The three insolvent companies are Barton Mutual Insurance Co., Gateway …
Allstate Insurance has asked Texas regulators to allow the company to raise homeowner rates by nearly 10 percent for some customers. Allstate spokesman Joe McCormick told the Dallas Morning News that the industry is concerned about the potential for more …
Republicans in firm control of the state Legislature say they’re setting the stage for an economic turnaround in Michigan after passing sweeping tax and policy changes over the past year. Business tax cuts that will save employers roughly $1 billion …
A U.S. senator is enlisting the help of Pennsylvania insurance commissioner to help protect the Keystone State’s homeowners from sinkhole damages. In a letter to Pennsylvania Insurance Commissioner Michael Consedine, U.S. Senator Bob Casey (D-Penn.) asked that all new homeowners …
OneBeacon Professional Insurance (OBPI) has expand its professional liability coverage for lawyers to include network security and privacy (NSP) liability coverage. The company will offer the NSP coverage two ways. Insureds will be able to add it as an endorsement …
A mounting U.S. deficit could pose a much greater threat to the survival of President Barack Obama’s healthcare reforms than either the Supreme Court or 2012 elections. Many health experts say innovations in delivering medical care and the creation of …
Moody’s Corp. has acquired Barrie & Hibbert Limited, a provider of risk management modeling tools for insurance companies worldwide. The acquisition broadens Moody’s Analytics suite of software solutions for the insurance and pension sectors. In addition, Barrie & Hibbert’s offerings …
Local and federal officials are telling Louisa County earthquake victims to not give up if they’ve been denied federal disaster assistance. Residents who registered for assistance due to the Aug. 23 earthquake can appeal the denials. They also can apply …
