Illinois Attorney General Lisa Madigan and Illinois Department of Financial and Professional Regulation Secretary Fernando Grillo announced a suit has been filed against a Florida-based online pharmacy that reportedly illegally prescribed the powerful painkiller Vicodin to an employee in Madigan’s …
Houston-based HCC Insurance Holdings Inc. announced that the company has limited exposure to Hurricane Charley and did not expect its net loss after reinsurance to exceed more than $10 million, or approximately $0.10 per share after tax in the third …
American International Group, Inc. has issued an initial estimate of its total expected losses from Hurricane Charley, indicating that the total after tax would be in a range of $80 to $100 million. “This total includes AIG’s own Domestic Brokerage …
Bermuda-based PartnerRe Ltd. estimated that claims relating to its exposure to Hurricane Charley are expected to be between $35 and $45 million. Transatlantic Holdings, Inc. announced from New York that its estimated net loss would amount to approximately $32.5 million, …
Standard & Poor’s Ratings announced that it has assigned its ‘A’ long-term counterparty credit and insurer financial strength ratings to Austria-based Wiener Städtische Allgemeine Vers. AG (WS AG). The outlook is stable. “The ratings reflect the financial strength of the …
New Jersey Attorney General Peter Harvey announced that a Hudson County man has been charged by the Division of Criminal Justice – Office of Insurance Fraud Prosecutor with being the leader of an auto theft trafficking network operating out of …
The Virginia State Corporation Commission’s (SCC) Bureau of Insurance now offers a free educational compact disc (CD) geared to teenage drivers. The 15-minute CD is designed to give teens a basic understanding of automobile insurance and the impact their driving …
Ohio-based Safelite AutoGlass, a provider of auto glass repair and replacement services, announced that its Catastrophe Action Team has sent more than 25 additional technicians and support personnel to Florida in order to assist customers with auto glass damage resulting …
A small but growing group of customers are turning to the Internet rather than phone calls or office visits to communicate with their auto insurance provider, according to J.D. Power and Associates’ 2004 National Auto Insurance Study. While only 7 …
Montana State Fund (MSF) is sponsoring free safety trainings throughout September. The four-hour workshop will reportedly give employers the skills and confidence they need to develop an effective written safety program at their business. The basis of the safety program …