The chief judge of New York’s courts has implemented a new rule requiring every lawyer handling a foreclosure to sign a form verifying that all paperwork in the case is accurate. The move comes amid an uproar over revelations that …
A former Deutsche Bank AG and American International Group Inc. managing director and her husband have been indicted for fraud for allegedly conspiring to illegally extract money from those companies to help run their upstate New York horse farm. According …
A suburban New York City man has filed a lawsuit that claims he got mercury poisoning from eating 10 cans of tuna a week. Lee Porrazzo, of White Plains, filed the suit against Bumble Bee Foods. He’s asking for unspecified …
A weeklong insurance community involvement campaign kicked off over the weekend: The Insurance Industry Charitable Foundation’s (IICF) Volunteer Week. Begun on the West Coast 13 years ago, Volunteer Week is new to the New York-New Jersey-Connecticut tri-state region. In the …
Allstate has agreed to pay $10 million to 45 states in a regulatory settlement involving its use of claims handling software. New York State Insurance Superintendent James J. Wrynn said the agreement follows an 18-month targeted National Association of Insurance …
A former Vermont man who claimed he bit into a Burger King sandwich and found an unwrapped condom has dropped his lawsuit, with the restaurant agreeing to drop its counterclaim. The man and the store’s owners agreed to pay their …
Medical malpractice insurers writing in Florida earned an average return on surplus of 6.6 percent in 2009, their sixth straight profitable year, although their profits were lower than in 2008. That’s one of the news items in the state’s 2010 …
Insurance broker Marsh has added five industry veterans – four from competing broker Aon – to its private equity and mergers and acquisitions practice. James O’Brien, Jason Hawkins and Craig Warnke join Marsh as managing directors, and Jim Beatty and …
Fiesta Auto Insurance Combines Insurance and Tax Preparation Services Under One Roof Modeling an insurance agency business after a sandwich shop might sound like a strange idea, but that’s what John Rost, founder, president and CEO of Fiesta Auto Insurance, …
It’s a cat chasing-its-tail scenario. Or maybe a Catch-22. Chicken-and-egg? Whatever it is, it’s a mess. The scenario is this: The economy takes a nose dive, so the government lowers interest rates to nearly zero to jump-start the economy. Large …
