December 27, 2011
Virginia motorists are being ticketed and convicted of a violation that is not a crime under state law: driving without proof of insurance. According to Virginia Lawyers Weekly, court records show that drivers in several localities have been hit with …
December 27, 2011
Is it more important to keep overall car insurance premiums low, or to make sure everyone’s paying what they deserve? North Carolina legislators once again examining the unique rate-setting system for the state’s roughly 7 million insured personal vehicles will …
December 27, 2011
Mike Mathews has been named president and chief operating officer of San Diego, Calif.-based Atlas General Insurance Services. Mathews is responsible for executing Atlas’ long-term strategy of profitable growth for its carrier partners and for providing service to its customers. …
December 27, 2011
General Electric Co. jumped into the retail deposits business on Tuesday, buying the online bank from life insurer MetLife Inc. in a deal that will let GE’s capital arm expand its funding base and lessen reliance on wholesale markets. MetLife …
December 27, 2011
Allstate’s captive agents have been spared part of a planned cut in their commissions as the insurer has revised its compensation strategy. The Illinois-based insurer confirmed that it would cut its base commission to its agents to 9 percent of …
December 27, 2011
Starting next month, Mercer Island parents will be held responsible for underage drinking at their homes even if they are out of town and unaware it is happening. The recently passed “social host” ordinance is believed to be the first …
December 27, 2011
One Utah lawmaker wants to pull the plug on daylight saving time. The Deseret News of Salt Lake City reports Republican Rep. Jim Nielson of Bountiful plans legislation that lets Utah opt out of the semiannual changing of the clocks. …
December 27, 2011
State lawmakers need to create a $5- to $10-million fund that could be used to entice high-paying employers to the state by rewarding them with incentive packages, Idaho economic developers said. The Boise Valley Economic Partnership, the business-recruitment arm of …
December 27, 2011
A former Idaho officer with the Fort Hall Police Department injured when his patrol vehicle was hit by another vehicle has been awarded $717,000 by a Pocatello jury. But Nicolas Garcia says he’d rather continue working as a police officer …
December 27, 2011
The Bank of New York Mellon Corp. will pay $1.3 million to three states to settle an investigation into manipulative trading of auction rate securities facilitated by employees at one of the company’s subsidiaries, the New York attorney general’s office …