The U.S. Justice Department is confident it will ultimately prevail in defending a key part of President Barack Obama’s landmark healthcare law, a department spokeswoman said Monday. Spokeswoman Tracy Schmaler expressed disappointment that a federal judge in Virginia declared a …
Within hours of President Barack Obama signing into law last March the healthcare reforms he had championed, several states filed lawsuits challenging the constitutionality of new requirements, including one that individuals buy health insurance. Most legal scholars expect one of …
Sissonville Volunteer Fire Department is getting $10,000 from State Farm Insurance to help replace a fire station and three fire trucks destroyed in a blaze. The insurance company announced Friday it would donate the money to help rebuild the fire …
A U.S. judge in Virginia Monday declared a key part of President Barack Obama’s landmark healthcare law unconstitutional in the first major setback on an issue that will likely end up at the Supreme Court. U.S. District Judge Henry Hudson, …
Merger and acquisition (M&A) activity between July and September was robust making the third quarter the most active with 61 deals versus 36 last year. Deal volume for the first nine months is up 28 percent from the same 2009 …
Mercury Insurance announced a $72-million rate reduction for California drivers that includes a rate decrease that could reach up to 10% or more, a new group affiliation discount for university alumni, and the inclusion of 24-hour roadside assistance for auto …
Standard & Poor’s Ratings Services has affirmed its long-term counterparty credit and insurer financial strength ratings on various operating insurance subsidiaries of ING Groep N.V. (ING) and its ‘A-/A-2’ counterparty credit ratings on Netherlands-based insurance holding company ING Verzekeringen N.V. …
Drunk Driving Suit “It’s crazy that they have the ability to do this behind bars. Inmates have too many rights. They’re the ones who committed the crimes, not us. And we’re the ones who suffer more.” —Joanne Kenney, a Connecticut …
Aon Corp. reported that Andrew Appel, the firm’s chief operating officer, will be leaving the company at the end of the year. The company said there are no plans to fill the position upon Appel’s departure. Appel has held multiple …
The MLR does not protect agent and broker compensation. In their zeal to control health care costs, federal policymakers may be pushing health insurance agents and brokers to the sidelines and potentially out of business. If this happens, they will …
