Workers’ compensation rates in the state of Washington will climb by an average of 7.6 percent next year under changes adopted by state officials. State Labor and Industries Director Judy Schurke (SHUR’-key) says the rate hike will raise about $117 …
The U.S. House Financial Services Committee has passed a measure to create a scaled-back federal office that would be a national insurance information agency with some authority in the area of international insurance agreements. The new federal office would not …
The Property Casualty Insurers Association of America (PCI) has named Micaela Isler as regional manager, state government relations. Isler will cover the Southeast Atlantic region which includes the District of Columbia, Georgia, North Carolina, South Carolina, Tennessee and Virginia. Prior …
American International Group and former chief executive Maurice “Hank” Greenberg have reached an agreement to bury a long-standing, bitter legal battle and the insurer will turn over materials the former boss can use to write his memoir, as well as …
The Supreme Court said Monday it would decide when U.S. laws against securities fraud apply to transnational securities dealings, specifically involving a case about a shareholder lawsuit against National Australia Bank Ltd and its former U.S. mortgage unit. The justices …
American International Group Inc., the insurer that received billions of dollars in a U.S. bailout, has been authorized by its board to pay Chief Executive Robert Benmosche’s $7 million compensation, after it laid to rest concerns that he may quit …
Most Americans want Congress to deal with malpractice lawsuits driving up the cost of medical care, says an Associated Press poll. Yet Democrats are reluctant to press forward on an issue that would upset a valuable political constituency — trial …
It was a desperate, ultimately futile battle — machine against nature — and Ocean City kept it up long after the outcome had been decided. As wave after wave pummeled the beachfront during last week’s powerful nor’easter, more and more …
The number of Washingtonians with no health insurance will soon reach 1 million, according to a report issued yesterday by the state’s Insurance Commissioner Mike Kreidler. Kreidler also predicts that the cost of uncompensated medical care in the state will …
Senator Barbara Boxer Tuesday predicted that the United States will not reach a consensus on carbon emission reduction goals for 2020 in time for December’s international global warming summit in Copenhagen. Boxer, who chairs a Senate environmental panel, cited disagreements …
