A judge has sentenced a Standish, Maine, life insurance agent convicted of killing a client so he could collect on a $100,000 life insurance policy to 62 years in jail. Superior Court Justice Thomas Warren stopped short Thursday of sentencing …
The Kanawha County Board of Education in West Virginia has settled lawsuits filed on behalf of three girls that accused a teacher at McKinley Middle School of sexual harassment. The amount of the settlement, which was announced last week in …
Two insurance companies are suing the French manufacturer of a medical helicopter that crashed at Norfolk two years ago, killing three people aboard. The lawsuits, filed last week in federal court in Omaha, Neb., come two weeks after the National …
Drivers in Thurston County, Wash., may not travel on the most dangerous or complex roadways, but they are certainly some of the most responsible drivers in the state, according to a poll of Washington drivers commissioned by PEMCO Insurance. The …
Insurance ratings standard-bearer A.M. Best Co. has affirmed the debt ratings of “bbb” and “bbb-” of Cincinnati-based American Financial Group Inc.’s (AFG) various debt securities. Best has also affirmed the debt ratings of “bbb” and “bb+” of AAG Holding Co. …
Both the Property Casualty Insurers Association of America and the American Insurance Association issued bulletins lauding the Treasury Department’s action in extending the availability provisions of the Terrorism Risk Insurance Act in all commercial property/casualty policies until December of 2005, …
Aon Corporation announced that the results of its 2003 P/C Earnings Volatility Study showed that insurers and reinsurers were more effective at minimizing earnings volatility in 2003. “The study measures earnings volatility on a cumulative basis over the one, two, …
Royal & Sun Alliance Insurance Group has issued a brief announcement confirming that it “is in discussions regarding the disposal of its UK Life insurance operations.” Widespread news reports began circulating on Friday that the U.K.’s second largest general insurer …
The National Association of Professional Insurance Agents (PIA) is urging the House of Representatives to follow the lead of the Senate and pass legislation reauthorizing the National Flood Insurance Program (NFIP). On June 15, the Senate passed by unanimous consent …
A financial analyst who worked near the World Trade Center is not entitled to workers’ compensation benefits for post traumatic stress disorder because he voluntarily lingered near ground zero to watch the chaos on Sept. 11, 2001, a New York …