News

S&P Puts Allianz, Aviva, AXA, Generali, Mapfre Units, 10 Other EU Insurers on CreditWatch/Negative

Standard & Poor’s Ratings announced that it has placed its ratings on the following insurers (and certain related operating subsidiaries and certain holding companies) on CreditWatch with negative implications: • Allianz Group (including the Euler Hermes group) • Aviva Group …

Online Portal Aims to Connect Independent Agents with Consumers

Beginning early next year, independent insurance agents will be able to tap into an online resource designed to connect them with the more than 65 percent of market share in personal lines they are currently missing. The Consumer Agent Portal …

Supreme Court Schedules Healthcare Law Briefs

The Supreme Court last week set the schedule for briefs to be filed ahead of hearing arguments in late March over President Barack Obama’s sweeping healthcare overhaul law. The high court agreed to a proposal by the three main parties …

Post-Irene Rebuilding Could Take Several More Months, N.Y. Group Says

This year’s hurricane season was an unusually costly and damaging one for New York State residents. And as the winter sets in, it will take several more months for people in areas ranging from Adirondack Mountains to Binghamton to get …

Virginia Regulators Approve Changes to Workers’ Comp Premium Levels

The Virginia State Corporation Commission approved on Thursday revisions to the premium levels charged for workers’ comp insurance in Virginia. The changes will become effective April 1, 2012, for new and renewal workers’ comp policies. The approved changes will increase …

5 Killed In Tour Helicopter Crash Near Lake Mead

A helicopter taking people on a luxury sunset tour of the Las Vegas Strip and Hoover Dam crashed Wednesday, killing the pilot and the four passengers on board, federal authorities said. The aircraft operated by Sundance Helicopters crashed into the …

San Diego County Hospitals Settle Dumping Lawsuits

Two San Diego County hospitals will pay about $375,000 to settle lawsuits claiming they illegally dumped blood, needles and other medical waste in a landfill. The San Diego County district attorney’s office on Wednesday announced settlements with Scripps Health and …

Federal Judge Rules Blogger Not Journalist in Defamation Case

A federal judge has ruled that a Montana blogger was not acting as a journalist when she lambasted an Oregon attorney in online statements that led to a $2.5 million defamation judgment against her. The ruling last week by U.S. …

$55K Settlement In Pepper Spraying Of California 7-Year-Old

San Mateo has agreed to pay $55,000 to the family of a 7-year-old special education student who was hit with pepper spray by a police officer. The city reached the settlement in the federal lawsuit filed by the boy’s family …

Alcohol Tastings In Big-Box, Grocery Stores in Southern California City

There will soon be a booze-sipping grotto for grocery and big-box store shoppers in a Southern California city. The Corona City Council voted 3-2 on Wednesday to allow free instructional alcohol tastings in the retail businesses. Sam’s Club and Albertsons …

News Archives by Month