Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration reported that 23 states and Puerto Rico had a decrease in …
U.S. German car maker DaimlerChrysler AG has reached an agreement with insurers over their contribution to a $300 million settlement of an investor lawsuit over the 1998 merger that created the company, a spokesman said. Thomas Froehlich, a spokesman for …
Sterling Financial Corp. announced the sale of three insurance-related businesses: Corporate Healthcare Strategies, LLC, an employee benefits insurance broker; Professional Services Group, a human resources consulting business; and the property and casualty insurance accounts of the Lancaster Insurance Group, LLC. …
SONY BMG Music Entertainment has agreed to pay Ohio and 39 additional states $4.25 million to resolve the states’ investigation into problems that arose when SONY placed anti-copying software on music CDs without notifying consumers. “The Consumer Sales Practices Act …
Arkansas Insurance Commissioner Julie Benafield Bowman announced the Arkansas Insurance Department has joined with twelve other states filing a brief supporting a case brought by consumers against the insurance industry’s use of credit scoring in determining auto rates. The amicus …
Delaware Insurance Commissioner Matt Denn has taken arguments against insurance industry use of credit scoring to the U.S. Supreme Court, filing a brief in a pending case involving the practice. Denn recruited 12 other state insurance commissioners to join Delaware …
Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration reported that 23 states and Puerto Rico had a decrease in …
Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware. The stoppage applies to the writing of …
From Maine to Virginia, agents and adjusters helped property owners dig out from damaging floods. High waters seemed to hit a new state every week. Meanwhile, these same agents had to worry about whether their income was at stake due …
Accident Site and Public Response Nuts & Bolts: AIG Specialty Excess, an umbrella and excess casualty underwriting unit of the AIG Companies, announced the addition of Accident Site Advisor and PublicResponse to its excess liability insurance. The built-in enhancements, catering …
