Insurance News from June 25, 2009
National News
Congress Told New Consumer Agency Not Needed for P/C Insurance
There is no need for a federal consumer protection agency for property/casualty...
International & Reinsurance News
Pirates Free Cargo Ship Near Somalia, One Crewman Dead
The Dutch Defense Ministry said Somali pirates have released a hijacked cargo ship...
East News
Agents Advised to Know How Work Comp Trusts Differ From Typical Insurance Companies
To start off, what exactly is a workers' compensation group trust? Per the New York...
West News
Potential Sale of California Workers’ Comp Insurer Assets Creates Concerns
California Insurance Commissioner Steve Poizner said he is "troubled by the details of...
Southeast News
Florida Trucker Paralyzed By Accident Awarded $14.6 Million
A South Florida truck driver has been awarded $14.6 million from an accident that left...
Texas / South Central News
South Texas Brokers Charged with Multi-Million Dollar Insurance Fraud
Two licensed insurance brokers with offices in the Brownsville, Texas, area have been...
Midwest News
Illinois Insurance Agent Pleads Guilty to Fraud
Zion, Ill., resident Reuben Collier Jr. has pleaded guilty to four Class 3 felony...