Michigan Governor Jennifer M. Granholm has signed legislation permiting Michigan to join the Interstate Insurance Product Regulation Compact Commission, making Michigan the 29th state to join the Commission. Created through the National Association of Insurance Commissioners, the Commission provides participating …
Four Northeast nuclear power plants have been alerted to check for potential safety problems following a failure at a sister plant here that caused a shutdown. The Nuclear Regulatory Commission notified managers of the four plants because they’re similar in …
An insurance company for the Roman Catholic Diocese of Burlington wants to investigate the church’s conduct in 27 cases of alleged child sex abuse by a former priest before paying the costs of litigation associated with them. The state’s Roman …
St. Paul, Minn.-based Travelers today announced that the Arkansas Community Bankers Assn. has chosen the company as its preferred provider for bank insurance products. The Arkansas Community Bankers Association represents 161 community banks and thrifts throughout Arkansas. Travelers SelectOne(SM) for …
Lois Klofanda was 85 years old when she sunk almost half her life savings into a deferred annuity from Allianz Life Insurance Co. of North America, not realizing she wouldn’t be able to get at the money again for a …
SFM President and CEO Pat Johnson plans to retire in 2007, the company announced today. Johnson, assumed the role of president and CEO in 1992. SFM describes itself as the largest writer of workers’ compensation in Minnesota and a growing …
Gov. Jennifer Granholm has signed legislation that would allow, but not require, insurers to give discounts to Michigan drivers age 50 and older who take a safety course. The senior driver legislation is House Bill 5661, sponsored by Rep. Mike …
The new year will force about a third of South Carolina’s drivers to dig deeper into their wallets to pay for auto insurance. A little-debated change in state law requires drivers to buy minimum liability coverage of $25,000 for a …
Arsonists ‘light up’ in pool of gasoline Musa Shteiwi and his son Essa had a clear criminal vision for their Steak Thyme Subs eatery. According to the Coalition Against Insurance Fraud, they wanted to torch the West Chester, Ohio, food …
$20 billion The federal flood insurance program may be going broke after incurring $20 billion in debt from recent storms like Hurricane Katrina. But that hasn’t stopped politicians from trying to extend the taxpayer-subsidized coverage for some of the riskiest …
