May 13, 2008
Maurice “Hank” Greenberg, former chief executive of American International Group, has said the insurer is in “crisis” and urged a delay in its annual general meeting scheduled for Wednesday, according to a letter he sent to the board. But AIG …
April 21, 2008
Soft market, economic downturn, consumer advocacy translate into more work for agencies Insurance Journal‘s Editor-in-Chief Andrea Wells was at the Big “I” Legislative Conference in Washington, D.C., where she caught up with Robert Fulwider, an independent agent from Iowa who …
April 11, 2008
The clash between the states and the federal government over nationwide rules to make driver’s licenses more secure has ended — for now. A truce, of sorts, between the 50 states and the U.S. Department of Homeland Security, has kicked …
March 26, 2008
New York’s new governor, who disclosed last week that he and his wife both committed adultery several years ago, said that he used cocaine in his 20s and smoked marijuana when he was younger. In reference to cocaine, Gov. David …
March 25, 2008
Consumer and health advocacy groups in New York are criticizing a yet-to-be-made public plan to create a medical malpractice indemnity pool which would cover medical expenses for injured patients. Although no plan to create the pool has been announced, the …
March 24, 2008
A hard-charging former prosecutor tries to set Wall Street right from his perch as a state official. His activist agenda brings populist praise, but also concerns he might overreach. Eliot Spitzer as New York attorney general in 2002, right? No, …
March 24, 2008
Significant fine increases for violating New York insurance law — proposed by former Gov. Eliot Spitzer — have been rejected by the Legislature, a move that one New York agents’ group called a major victory for Empire State agents. The …
March 24, 2008
New York lawmakers have decided once is not enough — at least when it comes to telling homeowners that floods will not be covered by a standard homeowners policy. Under legislation signed by former Gov. Eliot Spitzer, Empire State homeowners …
March 24, 2008
Star of cases against insurance, tobacco and asbestos industries faces prison, fines and loss of lawyer’s license Mississippi attorney Richard “Dickie” Scruggs used a mix of bare-knuckle tactics and country-lawyer charm to extract billion-dollar settlements from cigarette makers, asbestos companies …
March 24, 2008
Long-Term Vision Needed “The nation needs to develop a new long-term vision for its highway system that would include improving conditions and safety and reducing traffic congestion.” —William M. Wilkins, executive director of TRIP, a national transportation research group. A …