Newsbriefs

NAII FIGHTS EQ BILL

A new earthquake bill would invite an avalanche of claims, according to the National Association of Independent Insurers (NAII). Senate...

BREAKTHROUGH IN WTO

On May 19, the European Union and China announced that they had reached a compromise on the terms of a...

DISCOVER COVER

Discover Financial Services, a business unit of Morgan Stanley Dean Witter & Co., and Nationwide Insurance Companies are forming an...

ST. PAUL SELLS

The St. Paul Companies has completed the sale of its nonstandard auto insurance business to the Prudential Insurance Company of...

GENERALI EXPANSION

Expansion opportunities in Great Britain, Southeast Asia, Latin America and the U.S. are being eyed by Italian insurer Generali. Numerous...

NELSON SENATE BID

Florida Insurance Commissioner Bill Nelson made it official May 1, kicking off his U.S. Senate campaign for the seat currently...

QUACK QUAKES

A state Senate panel voted May 3 to bar California’s insurance commissioner from ever again allowing insurance companies to avoid...

HMO CLASS ACTION

The national consumer law firm of Herman, Middleton, Casey & Kitchens has filed a class action against Humana Inc., Humana...

GEORGIA FINES

Prudential HealthCare has drawn a $200,000 fine for slow payment of claims from Georgia Insurance Commissioner John Oxendine. The state’s...

CELL PHONE CLOSE CALLS

A new survey by Farmers Insurance Group shows 87 percent of adults believe using a cell phone while driving impairs...

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