Michigan Man Loses Bid to Have Insurer Pay for Stem Cell Surgery August 15, 2011 By Ed White A motorcycle wreck turned a Lenawee County man into a paraplegic. Desperate for any relief, he chose stem-cell surgery in...
Nationwide Mutual’s Profit Down on $1.5 Billion Disaster Losses August 15, 2011 By Ben Berkowitz Insurance company Nationwide Mutual said profits in the first half of the year fell by more than half after paying...
Investors’ Suits Against News Corp. Directors Face Long Odds August 15, 2011 By Andrew Longstreth News Corp. shareholders angry over the hacking scandal engulfing Rupert Murdoch’s media conglomerate face an uphill fight trying to hold...
U.S. Court Rules Against Obama Healthcare Mandate August 15, 2011 By James Vicini and Jeremy Pelofsky President Barack Obama’s signature healthcare law suffered a setback Friday when a U.S. appeals court ruled that it was unconstitutional...
Tokio Marine to Acquire All of Hawaii’s First Insurance for $165 Million August 15, 2011 Tokio Marine Holdings, Inc. is to become the sole shareholder of the largest Hawaii-based property and casualty insurance carrier. The...
Transatlantic Opens Buyout Talks with Berkshire’s National Indemnity August 15, 2011 By Paritosh Bansal Transatlantic Holdings opened talks with a unit of Warren Buffett’s Berkshire Hathaway on Friday over a $3.2 billion takeover offer,...
Tropical Storm Gert Strengthens, Will Brush Bermuda August 15, 2011 Tropical Storm Gert strengthened slowly Sunday on a track toward Bermuda and forecasters said the global reinsurance hub could expect...
Banks Seek Liability Shield for Future Home Mortgages August 15, 2011 By Dave Clarke U.S. banks still wrestling with legal troubles springing from the subprime mortgage crisis are lobbying the new consumer agency for...
Exclusive: Unreported Insurance Mergers August 15, 2011 Editor’s Note: This article originally appeared in Insurance Journal’s Satire Issue, August 15, 2011. The content in this issue is...
La. First-Time Unemployment Claims Increase August 14, 2011 First-time claims for unemployment insurance in Louisiana for the week ending Aug. 6 increased from the previous week’s total. The...