About 2,700 injured workers in California may not receive the workers’ compensation benefits they are entitled to because the state has not yet passed its budget. According to Susan Gard, chief of legislation and policy for the California Division of …
American International Group Inc. need not make payments to some former Bernard Madoff clients who said their homeowner insurance policies entitled them to coverage for alleged losses, a judge ruled. Two California residents, Robert and Harlene Horowitz, had alleged $8.5 …
Peter Niven, Chief Executive of Guernsey Finance – the promotional agency for the Island’s finance industry, recently joined the Lord Mayor of the City of London, Alderman Nick Anstee, for a trip to Beijing and Shanghai. “The trip included meeting …
The Royal Society, the UK’s national academy of science, has launched a new short guide to the science of climate change. The Society explained that the “guide has been written to summarize the evidence and to clarify the levels of …
American International Group Inc. (AIG) said it has come to an agreement with the Obama Administration on a plan to repay American taxpayers who bailed out the insurer in 2008. AIG said it will use proceeds from the sale of …
It may have staved off a financial system meltdown, but the U.S. Treasury’s $700 billion bailout program is so reviled by the public that its distaste may rub off on incumbent Democrats in November elections. What goes into the history …
Michigan’s workers’ compensation law blocks employee lawsuits against employers brought under federal anti-racketeering law, a federal judge has ruled. Federal Judge Paul D. Boren for the second time has dismissed a suit brought by a group of employees at Cassens …
Following Hurricane Katrina, many insurance agents and brokers found themselves being sued by their customers when they realized that they were underinsured for their losses caused by the hurricane. It is fair to say that most of those claims involved …
Mississippi Insurance Commissioner Mike Chaney said his office is looking into a complaint that a retiree benefit adviser in the Pascagoula school system steered retirees to private plan she was selling. Chaney told The Mississippi Press that the complaints allege …
A North Carolina automobile repair shop owner and one of his customers have been arrested and charged with insurance fraud. State officials report that John Marvin Smith, III, of Robersonville, and Fronzie Griffin, of Williamston, have both been charged with …
