Plaintiffs in a class action suit against commercial insurers and brokers for alleged bid rigging and account steering have failed to show that the defendants’ actions amounted to fraud under federal racketeering statutes or violated federal antitrust laws, a federal …
Catastrophic coverage “A decrease in the already low penetration rate would reduce the number of Californians able to afford to rebuild after a devastating earthquake.” — The California Department of Insurance, warning that if higher earthquake claims limits were unavailable, …
Declarations Lidle claim “Quite frankly, there were no eyewitnesses that we’ve been able to find to determine who actually was flying that plane.” Stacy King, lawyer for the widow of New York Yankees pitcher Cory Lidle who is suing MetLife …
Lidle claim “Quite frankly, there were no eyewitnesses that we’ve been able to find to determine who actually was flying that plane.” Stacy King, lawyer for the widow of New York Yankees pitcher Cory Lidle who is suing MetLife Inc., …
Bubble wrap “At what point are we going to wrap our children in Bubble Wrap and send them to school just because some kid might trip them on the playground?” Comments made by State Rep. Deb Peters, R-Hartford, in support …
Liberty Mutual has vowed to continue its court fight against charges begun by former New York Attorney General Eliot Spitzer that it engaged in anti-competitive bid-rigging and broker compensation practices after a judge declined the insurer’s bid to dismiss the …
New York Governor Eliot Spitzer is off to a tremendous start on insurance issues, having helped engineer a major reform of the state’s workers’ compensation laws. Framing it as critical to restoring the state’s economic competitiveness, Spitzer made it one …
One of Eliot Spitzer’s more contentious cases from his years as attorney general in New York was criticized by a panel of retired judges who discounted his claims that insurance executive Maurice R. “Hank” Greenberg cost his mentor’s charity $6 …
Last November, then-New York Attorney General Eliot Spitzer notified four insurance companies that they could no longer pay contingent commissions to agents and brokers who sell automobile, homeowners and certain other insurance products. The four companies — ACE, AIG, St. …
Judges fault Spitzer on case against Greenberg over charity funds One of Eliot Spitzer’s more contentious cases from his years as attorney general in New York was criticized by a panel of retired judges who discounted his claims that insurance …
