A woman says a Manhattan gym left her hanging when she tried a new workout: pole-dancing. Sue Ann Wee filed a lawsuit last week against the companies that run the Crunch fitness center chain. Lawyer Nicholas Warywoda says Wee seriously …
The Stowe Mountain Resort in Vermont has a new owner. The resort’s previous owner, the American International Group, had transferred ownership to its P/C insurance division, Chartis. Ski operations, two golf courses and a new upscale lodge are now owned …
The Massachusetts Property Insurance Underwriting Association (FAIR Plan) will lower insurance premiums by an average of 0.72 percent, the Attorney General’s office said. The FAIR Plan had originally proposed increasing homeowners’ insurance rates by an average of 2.2 percent. That …
Mississippi’s insurance regulator, as he earlier indicated he would do, has denied a request from Allstate Property and Casualty Insurance Co. for a statewide home insurance price hike of about 60 percent. The increase would have affected about 50,000 policyholders. …
State Rep. Ken Guin says Alabama needs to ban people from text messaging while driving a motor vehicle, and a recent experience with a driver swerving “all over the road” is a reason why. “I started to drive around her. …
Hundreds of people who canceled a cruise vacation booked though Florida travel agents because of illness say the insurer didn’t pay. Health News Florida reports that Florida’s Department of Financial Services began its investigation into Prime Travel Protection Services a …
A legal watchdog group has asked a court to order U.S. securities regulators to cough up records showing they implemented promised reforms following their failure to detect Bernard Madoff’s massive Ponzi scheme. In a lawsuit filed Wednesday in federal court, …
The New York Federal Reserve Bank under Timothy Geithner urged insurer AIG in late 2008 to limit disclosures about its payments to banks after getting a $180 billion government bailout, emails released Thursday showed. The email exchanges, between the New …
Health insurance lobbyists are pushing lawmakers to eliminate caps on profits and other administrative spending and delay a hefty, industry-wide tax under the massive healthcare reform legislation being finalized in Congress. Health insurers, which include companies such as Aetna Inc., …
The ACE European Group has appointed Iain Ainslie to the role of Technology and Cyber Liability Underwriter. ACE said the appointment underscores its “commitment to enhancing its service offering and presence in this sector.” Ainslie will be based in London …
