A disgruntled magazine publisher did not commit libel against an insurance adjuster when he wrote a column criticizing the agent’s handling of his claim, North Carolina’s Court of Appeals ruled this week. Bernie Reeves, editor and publisher of Metro Magazine, …
Bermuda-based Alea Group Holdings announced a net loss of $10.7 million for the first half of 2006, compared to a $19.5 million net profit in the same period last year. Other first half figures and comments included the following: — …
Gov. Arnold Schwarzenegger has vetoed two bills that he said would have undermined the bipartisan workers’ compensation reforms passed by the legislature in 2004. “When I ran for office, skyrocketing workers’ compensation costs were the poison of our economy,” he …
Hawaii homeowners who have taken steps to strengthen their homes against hurricanes and windstorms could be reimbursed up to $2,100 under a new state program. Qualified homeowners will be eligible to get about a third of their costs covered by …
California’s State Compensation Insurance Fund will sponsor a free restaurant-safety training program for supervisors in Sacramento on September 20. The workshop is designed to help restaurant managers and owners create a comprehensive health and safety training program for their workers. …
A Union County, Ill. couple’s plan to crash a van into a tree and collect the insurance money was caught on a tape they created–unbelievable as it seems. The plan of action was to smash Robert and Teresa Hammond’s van …
American International Group, Inc. (AIG) named a former Citigroup president and chef operating officer, Robert B. Willumstad, as chairman, effective Nov. 1, 2006. He succeeds Frank G. Zarb, who has served as interim chairman since April, 2005. . Zarb remains …
Texas Attorney General Greg Abbott announced a four-year sentence handed down recently against Vincent C. Agu, 55, the owner of a Spring family services counseling clinic located at his residence known as Innovations & Imaginations. Following the week-long trial, he …
In what it called “a good step towards eradicating paper in the market,” Lloyd’s announced the implementation of “an electronic filing cabinet,” which has been launched “for handling Electronic Claims Files (ECF). It is now being made available to all …
Bermuda’s PartnerRe Ltd. will publish the Company’s Loss Development Triangles shortly after 4 p.m. EDT today, September 20, 2006. “A copy of these documents will be available on the Company’s Website at: http://www.partnerre.com in the Investor Information section on the …