Insurance News from July 16, 2009
National News
SEC, Congress Eye Increasing Liability of Credit Ratings Agencies
U.S. securities regulators are looking at ways to rely less on credit ratings and...
International & Reinsurance News
Source Says Prudential in Talks with AIG to Buy Japanese Life Units
American International Group is in talks with a Prudential Financial Inc. unit to sell...
East News
Settlement of $3.4M Pending for False Conviction of Massachusetts Man
A Massachusetts town and five of its insurance companies have agreed to pay $3.4...
West News
San Francisco Transportation Agency To Pay $2.4 Million for Insurance
The San Francisco Municipal Transportation Agency has voted to buy a one-year excess...
Southeast News
Tennessee Medical Fee Schedule Cuts Workers’ Compensation Costs: Study
The implementation of a medical fee schedule in Tennessee after reforms passed in 2004...
Texas / South Central News
State Farm Lloyds Seeks Homeowners Rate Increase in Texas
State Farm Lloyds has submitted a rate filing to the Texas Department of Insurance to...
Midwest News
What’s in a Name? As Willis Tower, Building Is Just as Tall
The tallest building in the Western Hemisphere has gone global. The historic Sears...