September 14, 2007
DuPont’s lawyers say the company is a good corporate neighbor but lawyers for 10 West Virginia property owners suing the chemical giant claim it puts profits ahead of community safety. Jurors heard these dueling portrayals Wednesday during opening arguments in …
September 14, 2007
Illinois attorney general Lisa Madigan says the office must refile a lawsuit against more than 20 Chicago-area radiology centers it accuses of getting referrals by paying kickbacks to doctors. A state judge says he needs more detail about the allegations …
September 14, 2007
Florida Insurance Commissioner Kevin McCarty denied eight rate filings submitted by insurance companies of The Hartford Financial Services Group. The filings submitted were not actuarially justified and lacked supporting information, according to the Florida Office of Insurance Regulation, headed by …
September 14, 2007
A major Everglades restoration project is stalled because of shoddy work managed by the U.S. Army Corps of Engineers on a Florida reservoir that could threaten an interstate highway and nearby communities if levee walls were to fail, state officials …
September 13, 2007
In the event of disaster, Americans have chosen a 1980’s TV show character, “MacGyver” to have by their side. That was one result in a survey released this week in which participants were given a choice among seven fictional heroes …
September 13, 2007
Ohio-based State Automobile Mutual Insurance Company recently announced that it has formed a new affiliation agreement with Patrons Mutual Group of Connecticut. Under the agreement, State Automobile Mutual will assume operational authority of the Patrons Mutual Group subject to approval …
September 13, 2007
The federal government may be overpaying private insurers for their operating costs associated with the National Flood Insurance Program (NFIP), a recent report said. The government’s payments to insurance companies for operating costs ranged from “more than a third to …
September 13, 2007
California’s legislative session for 2007 ended with a flurry yesterday, but at least two priorities failed to materialize, causing Gov. Arnold Schwarzenegger to call special sessions to focus on those issues. Topics remaining that need to be discussed include an …
September 13, 2007
When Jim Johnson turned 65 last spring, the executive vice president at Securian Financial Group could have joined several colleagues who decided to retire. But when the company asked him to stay in charge of its group insurance division, he …
September 13, 2007
The Association of California Insurance Companies (ACIC) is urging Gov. Arnold Schwarzenegger to sign into law legislation that it said could encourage expansion of the workers’ compensation insurance market in California and, thus, provide greater insurance choices for businesses. ACIC …