A federal jury in New Jersey has found a California man guilty of selling bogus liability insurance policies. The jury returned its verdict against 62-year-old Ronald Allen of North Hollywood, Calif., following a seven-day trial in Camden. Prosecutors say Allen …
A Fulton County judge has ruled that Georgia Insurance Commissioner John Oxendine disregarded application requirements when awarding small-loan licenses. Superior Court Judge Marvin Arrington ruled that Oxendine was not requiring applicants for licenses to fill out required forms. The judge’s …
The Supreme Court of Georgia has ruled in favor of insurance companies in two cases involving how much people injured in car wrecks should get under uninsured motorists coverage. At issue was whether the two injured persons were entitled to …
The Chubb Corporation announced that the China Insurance Regulatory Commission (CIRC) has granted final approval to Chubb Insurance (China) Company Limited, an indirect wholly owned subsidiary, to establish a branch in Nanjing, Jiangsu Province. Chubb said it “expects to open …
Allstate Insurance has notified the Texas Department of Insurance that it will increase homeowner rates — some by almost 10 percent. About 450,000 homeowners covered by Allstate Texas Lloyds will see a rate increase of 5.4 percent, effective Jan. 20. …
California and federal emergency responders have signed a plan designed to respond to a disastrous earthquake in Southern California. A similar state-federal pact was developed two years ago for dealing with a quake in Northern California. More than 1,500 emergency …
The Obama administration Wednesday launched a legal battle against BP Plc and its partners by suing them for the worst offshore oil spill in U.S. history, which could cost the companies billions of dollars. The lawsuit seeks damages from the …
The U.S. Department of Justice has joined the hundreds of lawsuits that have been filed as a result of the Gulf of Mexico oil spill, the largest in U.S. history. The following is a summary of the legal cases stemming …
Swiss Re’s latest sigma study – “Microinsurance – risk protection for 4 billion people” – emphasizes the relevance of microinsurance as an effective and viable risk management solution for low-income individuals. “Microinsurance, which has the potential to cover up to …
A jury Tuesday ordered U.S. cigarette maker Lorillard Inc. to pay damages to a dead smoker’s family for allegedly enticing the woman and other black children with free cigarettes given out decades ago. Evans vs Lorillard was the first case …
