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America First Insurance, a Liberty Mutual Agency Markets regional company based in Richardson, Texas, appointed Stephen Stricklen assistant vice president, Specialty Products. In this position Stricklen will manage the company’s new Farm & Ranch Division, as well as its rural …

Panetta Resigns Zenith National Board to Head CIA

Property-casualty insurance company Zenith National Insurance Corp. said that board member Leon Panetta has resigned to become director of the U.S. Central Intelligence Agency. President Barack Obama chose Panetta, a former chief of staff to President Bill Clinton and a …

Ambitions for 2009 UN Climate Pact Fade in Poznan

Recession and the change of U.S. administration make it unlikely the world will meet a 2009 deadline for agreeing a full new pact to fight global warming, delegates at UN climate talks say. A year ago, 190 nations signed up …

President Clinton Spotlights LeapFrog, First Microinsurance Firm

At the Clinton Global Initiative Annual Meeting last week in New York City, former President Bill Clinton announced the launch of LeapFrog Investments, the world’s first investment firm to focus on the insurance needs of low-income people. Its founders say …

Time for Barry and Shenise

Astute observers of recent political history may recall the story of Harry and Louise — the fictional couple created by a health insurance industry lobbying group in 1994. In political television ads at the time, the couple railed against then-President …

U.S. Doctors Say Lawsuits Help Guarantee Drug Safety

Top doctors who run one of the most influential U.S. medical journals are giving the U.S. Supreme Court some unsolicited legal advice about a major case. Lawsuits can serve as “a vital deterrent” and protect consumers if drug companies do …

Former Mississippi Lawyer Scruggs to Begin Prison Term in Kentucky

Not so long ago, former Mississippi-based Richard “Dickie” Scruggs was one of the most powerful civil lawsuit attorneys in the country. In prison, he will be inmate No. 12734-042. Scruggs, 62, must report to a federal prison in Kentucky by …

U.S. Insurers Face Uphill Battle to Alter Foreign Insurers’ Tax Break

A coalition of U.S. insurers is calling on lawmakers to close a tax loophole that helps foreign insurers, and although it has won the support of presidential hopeful Hillary Clinton, it faces a harder task convincing others. The coalition, led …

Maryland Negotiates Disclosure of Cell Phone Insurance Terms

Maryland Attorney General Douglas Gansler announced Friday an agreement with four wireless phone providers on disclosure of the costs of cell phone insurance. Gansler said he wants to be sure consumers know what they are getting. “While prior company materials …

Latest Scruggs Katrina Charges put Miss. AG Hood and Politics in Spotlight

Scruggs has ties to Republican Sen. Trent Lott and Democrats Hood and Clinton Mississippi Lawyer Timothy Balducci pleaded guilty to conspiracy to bribe a judge and is assisting federal prosecutors in a case involving one of the nation’s wealthiest trial …