Arizona News

$12.1 Million Cumulative amount of bonuses to be paid to several top executives at AIG, after U.S. pay czar Kenneth Feinberg signed off on the deal. The payments were promised in 2008 to get key employees to stay with AIG …

State funds blunt the impact of bigger losses through concerted loss prevention efforts. An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of …

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Apartments Low Income Subsidized Housing Market Detail: Housing Insurance Services offers programs through two admitted …

Louisiana was the only state in the country where more people were working in the construction industry last month than in September 2008. That’s according to a state-by state analysis by the Associated General Contractors of America. Louisiana’s construction industry …

A Phoenix man has been sentenced to 101/2 years in prison followed by three years probation for setting fire to his rented town house in 2007. Prosecutors say 55-year-old Robert Stuart Reed endangered the lives of 12 sleeping residents in …

An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of performance categories and at least as well when it comes to the bottom …

Unisource Program Administrators (UPA), a workers’ compensation wholesaler headquartered in Oklahoma City, has expanded services to all 50 states. In addition, the company named Barbara Drollinger, a 20-year workers’ compensation expert, vice president of strategic relations. Drollinger previously served as …

Federal prosecutors in Arizona have added several new charges to their public corruption indictment against former Rep. Rick Renzi. Renzi pleaded not guilty to the new insurance fraud counts through his attorney during a hearing in U.S. District Court in …

Thefts of cars and trucks in the Phoenix area are down 33 percent over last few years according to law enforcement and insurance industry experts. Roughly 55,300 cars, trucks and motorcycles were stolen in 2004, compared with 37,200 last year. …

Cooling temperatures and higher humidity on Monday gave firefighters some welcome relief as they waged an ongoing assault against a wildfire that had burned to the edges of a popular resort town in the San Gabriel Mountains. The temperature at …