July 20, 2009
A judge has dropped an insurance company from a lawsuit accusing the Catholic Diocese of Green Bay, Wis., of covering up a priest’s sexual assaults. Milwaukee-based Indiana Insurance Co. asked to be dropped from the lawsuit, saying its policy didn’t …
July 20, 2009
A Rhode Island court has ruled that a commercial general liability insurance policy held by the owners of the Station nightclub does not require the insurance company to defend them against criminal charges. The case arose from the 2003 fire …
July 17, 2009
The UK’s insurers are fighting back in the war against fraud. According to a report published by the Association of British Insurers, “the cost of insurance fraud is now estimated to be £5.2 million [$8.48 million] every day,” as more …
July 16, 2009
The New York State Insurance Fund is reaching out to winners of federal, youth-training grants by offering free workplace safety services to those organizations. Ten organizations in the state — including United Way and Urban League affiliates — are receiving …
July 15, 2009
Most bond insurers are headed for liquidation or run-off as losses from troubled assets linger, an analyst at independent research firm CreditSights said Tuesday. While some insurers, such as MBIA and Ambac , are stronger than others, “we think the …
July 14, 2009
Democrats in the Michigan House are pushing a dozen bills they say are needed to protect consumers from unfair claims practices by insurance companies. But insurers maintain the measures are unnecessary and will do more harm than good. The House …
July 13, 2009
A southern New Jersey county has approved a $4 million settlement that could end a class-action lawsuit over strip searches done at its jail. The suit claimed unnecessary strip searches were conducted on thousands of men and women at the …
July 13, 2009
Pennsylvania-based Donegal Mutual Insurance Co. has agreed to pay $105,000 to settle claims that it used unlicensed copies of Microsoft software on its computer systems, a trade group for software makers said. The Business Software Alliance, which represents the world’s …
July 8, 2009
A Rhode Island court has ruled that a commercial general liability insurance policy held by the owners of the Station nightclub does not require the insurance company to defend them against criminal charges. The case arose from the February, 2003, …
July 6, 2009
Donegal Group’s Strategy Has Taken It From Writing in One to 19 States in 20 Years Even in a good economy, mutual insurers face challenges trying to raise the capital they need to grow because they don’t have any stock …