U.S. Sen. Trent Lott, R-Miss., who sued State Farm Fire and Casualty Co. for refusing to cover Hurricane Katrina’s damage to his Gulf Coast home, said last week that he is weighing a settlement offer from the company but hasn’t …
Preferred Professional Insurance Co., an Omaha-based medical liability insurance firm, announced the addition of Denise A. Hill, as vice president, general counsel and corporate compliance officer. In her new capacity, Hill will lead PPIC’s federal, state, and local regulatory compliance …
The majority of medical malpractice claims in a study of seven states were closed without any compensation paid to those claiming a medical injury, the Justice Department’s Bureau of Justice Statistics (BJS) reported. BJS conducted a study of medical malpractice …
207,492 The FBI’s 2006 annual report just issued by its Internet Crime Complaint Center (IC3), shows how criminals have used the ‘Net to launch nine different varieties of fraud. Among the highlights from the report: During 2006, consumers filed 207,492 …
Auto No Fault “This bill would benefit a small group of citizens and a large group of attorneys, while driving up the costs for many.” Rep. Fulton Sheen, a Republican from Plainwell commenting on a bill that would change who …
TITLE: Okla. Commissioner: Faith-based benefit firm considered an insurer A Tulsa, Okla.-based Christian organization that pools member money to pay medical bills, but says it isn’t an insurance company, is still going to be treated like one, a state official …
Scientists have struggled for years to figure out when the next big earthquake might strike the central United States. Now a geologist from Northwestern University believes he has evidence that the New Madrid Fault – at the center of the …
Schaumburg, Ill.-based Zurich announced today that Cathy Benton has been named Automobile Line of Business director for its Technical Center unit in North America. According to Gary Kaplan, chief underwriting officer for Zurich in North America, as Automobile director, Benton …
State Farm settled out of court with a Biloxi couple whose lawsuit over Hurricane Katrina damage was scheduled to be tried next week in federal court, a lawyer for the homeowners said Tuesday. Terms were not disclosed. State Farm’s settlement …
Veteran Chicago financial services executive Michael Fisher has been appointed director of new market development by Country Insurance & Financial Services and will manage its newly created Chicago district office. Fisher’s hiring as director of new market development accelerates the …
