Marsh & McLennan Companies reported a profit for its fourth quarter 2005, compared to a loss in 2004 when it paid $850 million to settle a lawsuit by New York Attorney General Eliot Spitzer over bid-rigging and account steering. Net …
A lawsuit has been filed against a fire protection consultant and sprinkler company over a fire that destroyed a Milford, N.H. elementary school nearly two years ago. Three men have been indicted on charges that they set the fire that …
Massachusetts Attorney General Thomas Reilly is investigating excessive billing by hospitals to a state fund used to pay for uninsured patients. The investigation of the state’s $800 million “free-care pool” overlaps with a state audit that has uncovered unusually high …
Move supports Peak’s strategic growth initiative, and reflects Ohio’s commitment to business expansion and job creation through a portfolio of incentives offered by the Ohio Department of Development (ODOD) Columbus, OH — Peak Performance, a leading provider of insurance technology …
Before you give that special someone the perfect Valentine’s Day gift, you should know that Allstate has reportedly exposed a major myth surrounding every woman’s best friend. Allstate claim adjusters, who handle thousands of claims each year, have revealed The …
In a world where almost anything goes, no one should be too surprised that the Chicago Mercantile Exchange recently announced that as of Feb. 26 it will begin trading snowfall futures. The Associated Press reports that the world’s largest derivatives …
Police in Napa, Calif., arrested seven unlicensed building contractors who showed up to bid on repairing a 121-year-old Victorian house that was damaged during New Year’s weekend flooding, authorities said. The arrests were part of a sting operation set up …
Abram Interstate Insurance Services Inc., Rocklin, Calif., is offering a standalone watercraft program for boats and yachts of all sizes, up to 15 years old, in California and Arizona. Coverage includes physical damage on hull, additional personal property coverage, and …
Christopher Heidrick and Lori Dickerson Fouche have joined Fireman’s Fund Insurance Company as heads of marketing for the company’s Personal and Specialty Insurance divisions, respectively, according to Joe Beneducci, executive vice president and chief operating officer. Both serve on the …
Legislation to force Colorado consumers to buy medical payment coverage was narrowly defeated Monday on the Colorado House floor. House Bill 1036, killed by a one-vote margin, would have required insurers to provide $5,000 medical payment coverage unless it was …
