December 15, 2011
A major group for risk management professionals sent a letter to the U.S. Treasury Department, asking for a bigger federal role in regulating insurance. The Risk and Insurance Management Society sent its letter to Michael McRaith, director of U.S. Treasury’s …
December 15, 2011
Federal authorities charged more than a dozen doctors Tuesday in an alleged kickback scheme, accusing them of receiving cash payments for referring patients to a northern New Jersey diagnostic facility for tests. U.S. Attorney Paul Fishman says 15 doctors and …
December 15, 2011
Fitch Ratings said in its new 2012 outlook report that the P/C insurers’ capital position remains strong. It observed that most P/C insurers have sufficient capital to manage through significant future adversity. The New York-based ratings agency has issued a …
December 15, 2011
On the 200th anniversary of the first tremors of the New Madrid earthquakes, which were several of the most powerful quakes the United States has ever experienced, an insurance industry-backed group is reminding consumers to consider steps to prevent property …
December 15, 2011
The 49ers are a step closer to moving from San Francisco to Santa Clara after the Santa Clara City Council approved plans to develop and pay for a new stadium for the team. The council unanimously backed an $850 million …
December 15, 2011
Nine Chuck E. Cheese restaurants in the San Francisco Bay area have been fined a total of more than $28,000 for violating federal child labor laws. The U.S. Labor Department, which announced the fines this week, said teenagers at some …
December 15, 2011
A storm that scattered rain and snow across Arizona moved out of the state Wednesday, giving residents a brief break before the chance of more precipitation this weekend. Some areas along the eastern Mogollon Rim already had more than a …
December 15, 2011
Flood protection might be the last concern of Texas wildfire survivors these days. Yet Texans — even those who live in areas not rated at high risk of flooding — should consider purchasing a flood insurance policy now, according to …
December 15, 2011
The state says that Montana farmers who bought hail insurance will be getting a 25 percent refund. The Montana Hail Board made the decision after reviewing at a recent actuarial report at its annual meeting. The Montana Department of Agriculture …
December 15, 2011
Chattanooga, Tenn.-based RSS Insurance has joined Keystone Insurance Group. RSS is now Keystone’s 14th franchise partner in the state. Founded in 1973, RSS is one of Chattanooga’s largest locally owned independent agencies. It offers a full-range of insurance products to …