State Insurance Superintendent Eric Serna was suspended by the Public Regulation Commission on the recommendation of the attorney general, who is investigating his office. Attorney General Patricia Madrid said an “inadequate controls environment” has persisted for some time within the …
Most new-car buyers in Washington who are likely to buy a hybrid share a common misconception that owning a hybrid car will save them money through better mileage, according to PEMCO’s Northwest Insurance Poll. The Seattle-based insurer’s poll shows he …
Professional Underwriters, a national program administrator for public entities, announced that their public entity programs are now available in Texas. Professional Underwriters will offer casualty line coverages through their Textbook insurance program for private and public schools, kindergarten through 12th …
Texas Attorney General Greg Abbott announced he has filed a court action to stop an El Paso, Texas, father and his two sons who operate an unlicensed “real estate” business from illegally taking earnest money from potential homeowners when the …
Venture Insurance Programs, based West Chester, Pa., announced that James M. Shaffer has been named regional vice president, Midwest and Central Regions. According to the Venture written statement, Shaffer will be responsible for identifying new business opportunities and marketing Venture’s …
According to a recent survey, Nationwide Mutual Insurance Co. predicts that 35 percent of motorcyclists will ride their bikes more over the next year as a result of fuel prices. A written release issued by the Columbus, Ohio-based company said …
Chicago-based Avreco has introduced several new products based on what the company calls the demand for increased in-vitro fertilization, new related products and an increase in the number of fertility clinics and the physician specialists who staff them. Describing the …
Lawsuits have added significantly to the cost of trying to remedy Pittsburgh’s financial problems, according to preliminary budget figures released by the city’s oversight board. Unexpected litigation costs totaled $500,000 between February 2004 and December 2005, said Henry Sciortino, executive …
A judge last Friday rejected Merck & Co.’s request to abort a hearing aimed at establishing whether the company must pay punitive damages to a former Vioxx user already awarded $4.5 million for a heart attack he blamed on the …
Linda Thompson barely gets by on her $200-a-week job. The 47-year-old elder care worker is able to cover the rent and fuel costs for her Pelham apartment, gas up the van that gets her to clients in Boston and buy …
