Scientists have struggled for years to figure out when the next big earthquake might strike the central United States. Now a geologist from Northwestern University believes he has evidence that the New Madrid Fault – at the center of the …
Nevada State Sen. Bob Coffin says he’s working on a proposal to reduce a $6 billion unfunded liability of Nevada’s public employees retirement system by setting a mandatory minimum retirement age similar to what’s used for Social Security. Coffin, D-Las …
Washington health officials have published new guidelines to help doctors evaluate and monitor dosage levels of narcotics prescribed to treat patients with chronic pain. The guidelines are part of a year-long educational campaign sponsored by a panel of Washington state …
Workers’ compensation insurer Texas Mutual Insurance Company reported that four people were indicted, in separate cases, in Travis County, Texas, on charges of workers’ compensation fraud. The company’s announcement said the individuals allegedly collected a combined $13,672 in fraudulent workers’ …
Oklahoma Insurance Commissioner Kim Holland announced the largest fine of an insurance company in state history – $400,000 – against eleven AIG insurance companies doing business in the state. The companies were hit with the fine because of inaccurate reporting …
A Chicago woman sued Menu Foods this week, alleging the pet food manufacturer delayed announcing a recall of 60 million containers of dog and cat food despite knowing its products were contaminated and potentially deadly. Dawn Majerczyk, 43, said her …
Standard & Poor’s Ratings Services has assigned its ‘BBB’ long-term counterparty credit and insurer financial strength ratings to Germany’s insurer ARAG Allgemeine Rechtsschutz-Versicherungs AG (ARAG RS) with a stable outlook. “The ratings on ARAG RS reflect the ARAG group’s good …
In an address to the UK’s Financial Services Authority (FSA) at its Annual Insurance Sector Conference (AISC), Willis Chairman and CEO Joe Plumeri strongly embraced the financial regulator’s announcement that it would implement a more “principles-based” approach to general insurance …
State Farm settled out of court with a Biloxi couple whose lawsuit over Hurricane Katrina damage was scheduled to be tried next week in federal court, a lawyer for the homeowners said Tuesday. Terms were not disclosed. State Farm’s settlement …
A judge weighed possible contempt penalties this week for two Mississippi sisters and a prominent lawyer over thousands of pages of State Farm Insurance Co. documents that were secretly copied as possible evidence in lawsuits stemming from homeowner claims after …