September 29, 2011
A lawsuit filed by former Idaho insurance investigators says they were forced out of the Idaho Department of Insurance for turning over information to the feds during an investigation into an eastern Idaho insurance company for fraud, the Idaho Statesman …
September 29, 2011
City inspectors are fanning out across north Minneapolis, where some homes remain damaged four months after a tornado strike, to assess what can be done to help residents before winter arrives. ‘There are a number of properties that we still …
September 29, 2011
The Hartford has introduced Private Choice Encore for Healthcare Organizations, a management liability policy that offers coverage for directors and officers; employment practices; fiduciary liability; kidnap and ransom; and crime. The coverage can be customized based on the organization’s needs. …
September 29, 2011
A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘C++’ (Marginal) from ‘B’ (Fair) and issuer credit rating (ICR) to ‘b’ from of ‘bb+’ of Gulf Insurance Limited, which is based in Trinidad, and has placed both ratings …
September 29, 2011
A utility knew about wildfire dangers amid Texas’ severe drought but failed to remove dead trees and branches near power lines that sparked the most destructive wildfire in state history, an attorney said after filing a lawsuit for some families …
September 29, 2011
The federal government has filed suit against BAE Systems alleging the company has violated disability laws by firing a morbidly obese employee at its Houston-area plant. The Equal Employment Opportunity Commission’s lawsuit says the Virginia-based firm that makes military vehicles …
September 29, 2011
The federal government is warning those who suffered losses from Missouri River flooding this summer that deadlines to file insurance claims are approaching. The Federal Emergency Management Agency says that for some people the deadline is Sept. 29. Under federal …
September 29, 2011
Nationwide Mutual Insurance Co. and Harleysville Insurance announced on Thursday, Sept. 29, that they have agreed to a merger. Nationwide Mutual will acquire Harleysville Group for $760 million. Nationwide Mutual will pay $60 a share in cash for Harleysville, nearly …
September 29, 2011
Monsanto Co. has lost a bid to close part of a lawsuit alleging the company caused health injuries to residents living near a plant that made the Vietnam War-era U.S. military defoliant “Agent Orange.” Monsanto, which operated a Nitro, West …
September 29, 2011
A.M. Best Co. has downgraded the financial strength rating to ‘B++’ (Good) from ‘A-‘ (Excellent) and issuer credit rating to ‘bbb’ from ‘a-‘of Ansvar Insurance Limited (New Zealand), and has placed both ratings under review with negative implications. The rating …