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- Did Government Overpay to Bail Out AIG? Nov 18, 2009
Officials handling the multibillion dollar bailout of insurance giant America International Group Inc. mismanaged an initial rescue attempt and may have overpaid other ... - University of Michigan Pays $1 Million to Settle Student's Dismissal Lawsuit Nov 16, 2009
The University of Michigan is paying $1 million to settle a lawsuit with a former dental student who claimed she was illegally kicked out of school, according to a ... - State Farm Owes $310M in Refunds, Texas Regulators Say Nov 17, 2009
The Texas Department of Insurance has ordered State Farm Lloyd’s (SFL) to refund a total of $310 million to policyholders after finding that the insurer had ... - California Insurance Agent Arrested for $6 Million Scam Nov 18, 2009
California Insurance Commissioner Steve Poizner said that William A. Sassman, 41, of Sacramento was arrested early Nov. 16 on 43 felony counts of grand theft, 40 felony ... - Lacher to Head Allstate's P/C Division Nov 17, 2009
The Allstate Corp. has named Joseph P. Lacher, Jr., 40, as president of Allstate Protection, effective November 30, 2009. He will lead all of Allstate's property and ... - House, Senate Healthcare Bills Have Major Differences Nov 19, 2009
The healthcare legislation released by the Senate's Democratic leaders Wednesday resembles a bill passed by the House of Representatives on Nov. 7 in many ways but there ... - Marsh & McLennan Settles Pension Plans' Suit for $400 Million Nov 16, 2009
Insurance broker Marsh & McLennan Cos. Inc. will pay $400 million as part of a class action settlement filed five years ago by state pension plan administrators in New ... - Court: Owners of Truck in Fatal Connecticut Crash Can Sue Insurer Nov 20, 2009
The Connecticut Supreme Court has reinstated a lawsuit filed by the owners of a dump truck that caused a fatal 20-vehicle wreck in Avon, in a dispute over whether there ... - Connecticut Repair Shops Win $15 Million Against Insurer Over Appraisals Nov 19, 2009
A Connecticut jury has awarded $15 million to automobile repair shop owners in their lawsuit accusing an affiliate of The Hartford Financial Services Group of unfair trade ... - Insurance Top Picks for Safety: Ford, Subaru, Volkswagen Nov 19, 2009
Ford, Subaru and Volkswagen lead the insurance industry's annual list of the safest new vehicles, according to a closely watched assessment used by car companies to lure ... - Bill Would Protect Insureds With Defective Drywall Complaints Nov 18, 2009
U.S. Congressman Charlie Melancon of Louisiana has introduced federal legislation that would prevent insurance companies from cancelling or failing to renew ... - Private Equity Firm Sees Opportunities in Insurance Nov 19, 2009
Private equity firm Lightyear Capital is looking for acquisitions in sectors including insurance, banks, processing companies and asset management, CEO Donald Marron said ... - Kentucky Lawyer Sues Web Site Over Posted Comments Nov 16, 2009
A Lexington attorney has filed a lawsuit over comments posted on a newspaper's Web site. The Lexington Herald-Leader reports that attorney Astrida Lemkins filed suit ... - Sausalito Man Pleads Guilty to Wine Warehouse Arson Nov 17, 2009
A man who lived the high life in Sausalito pled guilty yesterday to setting a fire that destroyed a warehouse filled with 6 million bottles of wine and to selling wine he ... - Georgia Parking Garage Collapse Blamed on Improper Bolt Nov 16, 2009
A letter sent to the customers of a parking deck that collapsed last summer blames a bolt for the accident. David Tyndall, whose company leases spaces in the Centergy ... - McCarty Hopeful State Farm Exit from Florida Can be Avoided Nov 20, 2009
The state’s largest private property insurer may not leave Florida after all, Insurance Commissioner Kevin McCarty told Gov. Charlie Crist and other members of the ... - Mississippi Supreme Court Reverses Scruggs' Katrina Fee Ruling Nov 16, 2009
Even though disgraced lawyer Richard "Dickie'' Scruggs conspired to bribe a judge in a dispute over Hurricane Katrina litigation fees, an arbitrator should decide how much ... - AIG CEO Benmosche Frustrated with Degree of Government Oversight Nov 20, 2009
An American International Group Inc.'s board meeting is expected next week against the backdrop of Chief Executive Robert Benmosche's frustration with the U.S. ... - Arch Re Makes Management Changes; Promotes Olson to President, CEO Nov 17, 2009
The New Jersey-based Arch Reinsurance Company announced that Tim Olson has been promoted to the position of President and Chief Executive Officer of Arch Reinsurance ... - Unicare to Exit Group, Individual Healthcare Market in Illinois, Texas Nov 17, 2009
Healthcare provider UniCare will effectively no longer be providing healthcare coverage to commercial groups and individuals in Illinois and Texas as of the end of the ... - Florida Jury Orders $300 Million Damages for Ex-Smoker Nov 20, 2009
A Florida jury Thursday ordered cigarette maker Philip Morris USA to pay $300 million in damages to a 61-year-old ex-smoker named Cindy Naugle who is wheelchair-bound by ... - California Agent Collected Bogus Premiums While on Bail Nov 17, 2009
California's Insurance Commissioner Steve Poizner has announced that Louise May Batchelor, 55, of San Diego was sentenced Nov. 6 to 365 days of work furlough, five years ... - Chartis Introduces Environmental Risk Exposure Endorsement Nov 18, 2009
Chartis (the former P/C division of AIG) announced the introduction by its Environmental Division - Floridians Concerned About Their Personal Financial Condition Nov 20, 2009
- Family Sues over Boy's Death at Massachusetts Gun Show Nov 11, 2009
The family of an 8-year-old boy who fatally shot himself at a gun show in western Massachusetts say the Uzi submachine gun jammed twice before he lost control of the ...