Procter & Gamble Co. won a jury award of $19.25 million in a civil lawsuit filed against four former Amway distributors accused of spreading false rumors linking the company to Satanism to advance their own business. The U.S. District Court …
Health insurers and union health plans nationwide should not be allowed to sue Merck & Co. jointly to recover money they paid for Vioxx prescriptions, a lawyer for the drug maker argued this week in opposing a lawsuit potentially worth …
State Farm Fire & Casualty Co. will re-examine more than 35,000 Mississippi policyholder claims filed after Hurricane Katrina and “make millions of dollars available” for additional payments, Mississippi Insurance Commissioner George Dale said Monday. Dale said the agreement between his …
Money being offered by an insurance company may help pay for security cameras outside the borough pool and public works building, officials said. Delaware Valley Insurance Trust has made the money available to help reduce liabilities, said Jim Gardner, police …
Representatives from a Boston-based insurance company personally presented a $2 million check to Gov. Bob Riley and Enterprise city officials as the first installment toward the coverage of two Enterprise schools damaged by a tornado on March 1. Officials from …
Florida’s Citizens Property Insurance Corp. received more than $168 million from the Internal Revenue Service as part of an agreement declaring Citizens’ predecessor a tax-exempt entity, a company official said this week. “We received this money from the IRS to …
Chris Williams has to consider several factors when making decisions for his business. One of his most important decisions concerns health insurance for his employees. Williams owns Leisure Creations in Russellville, Ala., a company that produces patio furniture for hotels …
The International Commission on Holocaust Era Insurance Claims (ICHEIC) announced that its claims and appeals processes have concluded. More than $300 million in awards were distributed to more than 48,000 Holocaust survivors and their heirs. The ICHEIC was established in …
The New Mexico legislature has passed a bill allowing consumers to place a security freeze on access to their credit report. Just before the legislative session ended, Senate Bill 165 passed, allowing at the request of the consumer and subject …
States are taking a more proactive approach to fighting insurance fraud, with a 6.4 percent overall rise in fraud convictions between 2004 and 2005, according to the Coalition Against Insurance Fraud. In its recent study of 47 state agencies, CAIF …