31
Number of counts for which former New Mexico deputy superintendent of insurance Joe Ruiz was indicted on, including extortion, mail fraud, wire fraud and corrupt solicitation. A conviction on most of the felony charges carries a penalty of up 20 years in prison. (AP)
$103 Billion
Amount the California Senate passed on Aug. 21 for the state’s budget, ending an impasse that threatened the livelihood for several state-supported programs and health care facilities that rely on budget funding. While no measures for insurance funding were affected by the budget delay, according to Bill Packer, director of public relations for the Association of California Insurance Companies, most expect the Legislature will now be able to address other important topics.



Banks Still Face Legal Claims After $25 Billion Settlement
MF Global Judge to Examine Insurance Payments for Former Executives
Daredevil CEOs May Put Companies at Risk
California Independent Contractor Law May Be Liability for Agents, Brokers
North Carolina Continues Auto Regulation Debate As Rates Stay Same for 2012
Long-time California Lobbyist Looks to 2012 Legislation Affecting Insurance
Mine Safety Chief Seeks to End Complacency Over Safety
Virginia Court Grants Rehearing of Global Warming Claims Case


