With Superstorm Sandy’s one-year anniversary approaching, 51 percent of New Yorkers believe that the risk of their city being hit by another powerful storm will increase over the next two decades, according to a recent survey. The survey, from global …
Connecticut Gov. Dannel P. Malloy announced last week that the corporate owner of one of the largest grocery store chains in New York City is setting up its captive insurance subsidiary in Connecticut. The Red Apple Group, which operates Gristedes …
In response to the growing financial impact and frequency of product recalls for food and beverage manufacturers, distributors and importers in the U.S. and Europe, American International Group (AIG) today launched NOVI, a web-based service to help companies estimate the …
A federal lawsuit filed Oct. 14 accuses a diagnostic imaging company and 46 chiropractors of engaging in an elaborate kickback scheme aimed at defrauding Minnesota’s no-fault insurance system. The Insurance Federation of Minnesota says the $1.9 million lawsuit against Mobile …
A former Halliburton manager pleaded guilty on Oct. 15 to destroying evidence in the aftermath of the deadly rig explosion that spawned BP’s massive 2010 oil spill in the Gulf of Mexico. Anthony Badalamenti, 62, of Katy, Texas, faces a …
Landowners in Oklahoma should be aware that a bill limiting liability for use of their privately owned airfields will become effective Nov. 1, state Rep. Mike Brown announced. Brown and state Sen. Sean Burrage authored House Bill 1009 last session. …
A Florida clinic owner is facing up to 75 years in prison for being involved in a scheme to fraudulently obtain medical payments under the state’s no-fault auto insurance law. State investigators said they found that David Rodriguez Lopez was …
Oklahoma Attorney General Scott Pruitt has named longtime prosecutor George Burnett as the new chief of the Workers’ Compensation, Insurance, and Social Security Fraud Unit. The appointment was announced Oct. 14. Burnett served as an assistant attorney general in the …
Michigan can lower auto insurance premiums without making major changes to the state’s no-fault system proposed in legislation that has stalled for months, according to a nonpartisan report issued Oct. 14. The Citizens Research Council of Michigan, which studied medical …
Ann Flood has been selected to lead the Michigan Department of Insurance and Financial Services upon the appointment of current Commissioner Kevin Clinton as state treasurer, the office of Gov. Rick Snyder announced. Clinton replaces Andy Dillon as state treasurer; …
