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New York State Insurance Fund Launches New Online Medical Provider Portal

The New York State Insurance Fund (NYSIF) announced on Thursday the launch of its new online medical provider portal. NYSIF said the new portal will allow registered providers and third party billers to retrieve claims payment information regarding their workers’ …

Liberty Mutual Names Feige Inland Marine Underwriting Manager

Liberty Mutual’s National Insurance Property operation has appointed Dan Feige division underwriting manager for its Inland Marine division. Based in New York, Feige is responsible for growing Liberty Mutual’s large inland marine business, according to Mike Martin, executive vice president, …

Lawsky’s Bank-Busting Reputation Looms Over Pact With Iran

Benjamin Lawsky’s bank-busting reputation may have earned him his own tribute in this week’s landmark Iran nuclear agreement. Lawsky was the first superintendent of New York’s beefed-up banking and insurance overseer, which gave him enforcement power over international banks chartered …

Insure Against Risk of Climate Catastrophe: Peter Orszag in Bloomberg View

“Go Set a Watchman” isn’t the only book this year that brings new perspective to an old story line. “Climate Shock: The Economic Consequences of a Hotter Planet” should shift our narrative on climate change. The old story line: People …

Progressive’s Move Into Homeowners Paying Off; Q2 Profit Up 24%

Progressive Corp., the fourth-largest U.S. auto insurer, said second-quarter profit rose 24 percent after an acquisition that pushed the company into homeowners coverage. Net income climbed to $363.3 million, or 62 cents a share, from $293.4 million, or 49 cents, …

Florida’s Heritage Insurance Expanding Into Four Coastal States

Clearwater, Florida-based Heritage Property & Casualty Co. said it has applied to expand into North Carolina, South Carolina, Massachusetts and Rhode Island. “The entry into complementary coastal states positions Heritage for new growth opportunities and is an important step toward …

Judge Blocks Access to Government Witnesses in GM Lost Value Suit

General Motors Co. customers suing over faulty ignition switches lost their bid for access to witnesses interviewed by the government in a probe of the automaker, a U.S. judge said. The customers, who are demanding as much as $10 billion …

Marvin Gaye Family’s Music Copyright Verdict Reduced

A U.S. judge on Tuesday cut a copyright infringement verdict by more than $2 million against recording stars Robin Thicke and Pharrell Williams over their 2013 smash hit “Blurred Lines,” but offered Marvin Gaye’s heirs a 50 percent royalty on …

Dog Owners Sue Nestle Purina Over Dog Treats They Say Lack Bacon

Nestle Purina Petcare Co.’s Beggin’ dog treats may fool dogs into thinking they are mostly made of real bacon, but a federal lawsuit claims that humans may be misled too. The proposed class action by Paul Kacocha of Dutchess County, …

EU Aviation Safety Agency Makes Recommendations after Germanwings Crash

A European task force set up to look into safety after the Germanwings crash on March 24 has made six recommendations that will now be reviewed by the European Commission. The task force representing airlines, crew, doctors and authorities was …

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