Tower Group International Ltd. announced Nov. 14 that it is restating previously filed audited annual consolidated financial statements for 2011 and 2012, which are contained in Tower’s March 31, 2013 10-K annual report for 2012. Such financial statements “should no …
The typhoon that killed thousands of people in the Philippines has energized debate about whether rich nations should compensate poor ones for climate-related losses, a proposal the U.S. and European Union are resisting. Some 130 countries, including islands concerned they’ll …
An Arizona legislator had a narrow escape on Interstate 10 in November during a dust storm in Pinal County when chain-reaction collisions killed three people. State Sen. Steve Farley was driving back to Tucson after a meeting in Phoenix when …
One of California’s largest hospital chains has agreed to pay $46 million to settle allegations that its method for billing for anesthesia services was false and misleading. Sutter Health’s decision to pay came as a trial was scheduled to start …
A Southern California insurance broker who overcharged Tom Hanks and his wife, Rita Wilson, hundreds of thousands of dollars has been sentenced to more than two years in federal prison. City News Service says Jerry Goldman received a 27-month sentence …
Colorado lawmakers are studying responses to September’s catastrophic floods. A legislative panel held its first meeting in November to look at whether there’s a need for legislation to better react to such a disaster in the future. They also want …
A Spokane, Wash., woman who wound up with a totaled car, a broken collarbone and a $550 ticket blames her post-Halloween crash on a person in a gorilla suit who she says jumped in front of her car. Hailey Wulz …
Poms & Associates Insurance Brokers Inc. named Dan Jones vice president in its West Los Angeles office as Jones has more than 25 years of experience. He specializes in healthcare reform, health risk management, global benefit solutions and wellness initiatives. …
Rural neighbors of an abandoned World War II-era copper mine that has leaked toxic chemicals in northern Nevada for decades have won up to a $19.5 million settlement from companies they accused of covering up the contamination. Atlantic Richfield Co. …
Alaska has implemented the State Based Systems, an electronic system owned by the National Association of Insurance Commissioners, it was announced in November. The purpose of NAIC’s SBS initiative is to provide a comprehensive, internet-based application for state regulators in …
