The Delaware House Committee on Public Safety approved a bill yesterday to help reduce the number of uninsured drivers in the state. House Bill 568 provides drivers with incentive to purchase insurance by prohibiting uninsured drivers from collecting non-economic damages …
S&P affirmed the “BBpi” financial strength ratings on several stock companies, all members of the ULLICO Group (a mid-sized insurance group, ultimately owned by the privately held stock company, ULLICO Inc.). Ulico Casualty Co., domiciled in Delaware, is licensed in …
An application by General Motors to move into banking by setting up a federal thrift was approved on April 20 by U.S. regulators. The world’s largest automaker already had a solid presence in financial services through General Motors Acceptance Corp.’s …
An application by General Motors to move into banking by setting up a federal thrift was approved Thursday by U.S. regulators. The world’s largest automaker already had a solid presence in financial services through General Motors Acceptance Corp.’s auto-lending and …
Cigarette maker Liggett Group is suing its insurance companies in an effort to force them to pay lawyer fees, settlement costs, damage awards and other expenses from smoking-related lawsuits. Liggett, a unit of Brooke Group Ltd., filed suit against about …
