Congressional Budget Office director Douglas Elmendorf told lawmakers Thursday legislation to expand health care coverage would increase federal healthcare costs “to a significant degree” and revenue will need to be found to keep from increasing the deficit. Asked by the …
The Securities and Exchange Commission (SEC) has charged that five individuals, including a former investment banker at Goldman Sachs & Co., illegally tipped or traded on confidential information ahead of an announcement in April 2008 that Liberty Mutual Insurance Co. …
A Massachusetts town and five of its insurance companies have agreed to pay $3.4 million to settle a lawsuit filed by the estate of a man who spent 19 years in prison for a murder before being cleared by DNA …
San Francisco, California – July 15th, 2009 – Astonish Results, an aggressive insurance marketing company, is making some very bold claims in their advertisements. But are they really backing it up with “astonishing results?” “Double the size of your agency …
Missouri Governor Jay Nixon has signed HB 577 to have Missouri become the 36th member of the Interstate Insurance Product Regulation Compact (IIPRC). With the addition of Missouri, the current compacting states in the Commission represent close to 60 percent …
Legislation that would temporarily extend the National Flood Insurance Program (NFIP) until March 31, 2010, was introduced into Congress yesterday. House Financial Services Housing Subcommittee Chairwoman Maxine Waters, D-Calif., and Committee Chairman Barney Frank, D-Mass., introduced the extension bill, which …
Maine’s highest court has ruled against the Roman Catholic Diocese of Portland in a sex-abuse case, concluding that a charitable immunity defense cannot be raised if church officials acted intentionally. In a 5-2 decision, the Maine Supreme Judicial Court set …
Thirteen people from Lawrence and Methuen have been charged with auto insurance fraud in connection with what police say was a staged accident that resulted in more than $76,000 in insurance payouts. Lawrence Chief John Romero tells The Eagle-Tribune that …
July 7, 2009, Houston, TX – London American Risk Specialists, Inc, an independently owned and operated, full service excess and surplus lines broker announces the addition of a new AM Best A+ rated admitted carrier for Environmental Hazardous Waste or …
The National Alliance for Insurance Education & Research has named the state award winners who will compete for the national Outstanding Customer Service Representative of the Year for 2009. Each year, a group of exceptional insurance professionals are chosen by …
