May 8, 2006
Securing insurance on the storm-battered Gulf Coast is a “tough issue” but should not discourage companies from investing in the region, White House hurricane recovery czar Donald Powell assured a gathering of business leaders meeting in Biloxi, Miss. Friday. Powell …
May 8, 2006
An insurance company is refusing to pay $1.6 million to settle a lawsuit filed in Fort Lauderdale, Fla. between a shipbuilder and Tiger Woods over use of the golfer’s name and a photograph of his luxury yacht “Privacy” to promote …
May 8, 2006
The Florida Legislature passed and sent to Gov. Jeb Bush a plan Friday they hope will be a long-term fix for the state’s ailing property insurance market but one that its architects admit won’t provide much short-term relief for residents …
May 8, 2006
Columbus, Ohio-based Nationwide Insurance says it is continuing to meet with current and former agents who allege the company does not provide the same level of marketing support for minority and female agents as it does for other agents. The …
May 8, 2006
Indianpolis-based Conseco Inc. reported a 24 percent drop in quarterly income Thursday, hours after the life and health insurer said its chief executive was resigning. It was reported last week that Conseco President and CEO William S. Kirsch will leave …
May 8, 2006
Former state Sen. Bob Madigan, who represented central Illinois in the General Assembly for more than a decade, died Thursday. He was 63. Madigan, a Republican from Lincoln, served in the Illinois Senate from 1987 to 2001. During his terms, …
May 7, 2006
A judge held the Rhode Island attorney general in civil contempt and fined him $5,000 for publicly accusing former lead paint makers of twisting the facts during Rhode Island’s landmark lawsuit against the companies, according to newly unsealed court documents. …
May 7, 2006
Pilgrim’s Pride Corp. has settled four wrongful-death or injury lawsuits involving the deadly 2002 listeria outbreak that was linked to one of its plants, the meat company announced. The second food company tied to the outbreak, J.L. Foods, is set …
May 7, 2006
Vivian Knezevich wants to be home with three-year-old Christopher full-time but she’s had to take a job for the health insurance. If her partner were a man, they could get married and she’d be covered under her husband’s policy. But …
May 7, 2006
Gov. Jim Douglas declared Friday that the health reform compromise signed by legislative Democrats on Friday was unacceptable and would not become law. “I will not,” Douglas said when asked directly whether he would sign the bill, signed just a …