Without a real, comprehensive and workable plan, accumulating financial stress could destroy the viability of the Florida’s insurance market and leave millions of Floridians without affordable and reliable insurance coverage, according to Sen. Rod Smith, of Alachua, Fla. The candidate …
To Suzette Heydt of Allendale, Pa., an inflatable pool seemed like an inexpensive way to provide cool summer fun for her 9-year-old daughter and her roommate’s 23-month-old son. That was before a code enforcement officer for Salisbury Township told her …
First Act Inc. announced that it accepted a $16.7 million settlement payment stemming from a lawsuit in which a jury found that Brook Mays Music Co. had falsely disparaged the products of the bargain-priced musical instrument maker. The settlement comes …
New York State announced another $25 million in aid is being made available to residents and businesses in flood-stricken communities. That money is in addition to a $35 million aid package Gov. George Pataki announced last week to help flood …
While storms such as Hurricane Katrina grab the headlines, a string of smaller storms over the past few years has been taking a toll on insurance companies, industry officials said. Storm claim losses have been running significantly ahead of projections …
A Helena, Mont., insurance agent had his license suspended and was ordered to stop doing business in Montana after allegedly committing insurance fraud and deceptive and illegal sales practices, the state auditor’s office said. Bart Murnion’s attorney, Linda M. Deola, …
A man has pleaded not guilty to charges of swindling 11 Korean-American investors out of nearly $2 million. Robin K. Cho, 47, faces 118 counts of securities fraud, grand theft and forgery. He entered his plea Thursday. Prosecutors claim Cho, …
The Roman Catholic Diocese of Spokane has reached agreements with two more insurance carriers on payments to cover sexual abuse claims as the diocese’s bankruptcy case heads into mediation. In a statement issued late Thursday, Bishop William S. Skylstad said …
With a spate of wildfires last week in Southern California and an explosion of lightning-ignited blazes in the northeastern part of the state, the start of this year’s fire season has many officials on edge. As of last Thursday, California …
California’s State Compensation Insurance Fund will be hosting seminars on ergonomics and heat illness prevention through the state for policyholders. The day-long seminar, “The Fast Track Back to Work…Get on Board,” will be held in Glendale, Calif., on July 11, …