An Oklahoma surgeon said he will not treat legislators who voted against a bill to curb malpractice insurance rates and suggested they go to Texas for surgical procedures. Unless it is an emergency, Dr. Peter S. Hedberg said he will …
It’s somehow comforting to learn that for all of its recent commitments to “underwriting discipline,” “the bottom line” and electronic trading, Lloyd’s still takes on the odd – not to mention the high profile – risk of insuring celebrity body …
Some of the roughly 700,000 Missourians lacking health insurance could find it a little more affordable to get. But people who don’t pay their medical bills could lose their state income tax refunds under legislation sent May 11th to the …
Stephane Sparta was at home in his 31st floor apartment when New York Yankees pitcher Cory Lidle’s small plane crashed into the floor below. The plane didn’t hit Sparta, “but it gave him quite a shock,” said his lawyer, David …
More than $1 million in disaster assistance has been approved so far for New Hampshire residents hit by last month’s flooding. About 1,000 households have applied for help. So far, FEMA has approved about $1.1 million under the Individuals and …
A New York woman was sentenced to 25 years to life in prison last week for killing her husband by lacing his drink with antifreeze in hopes of obtaining his life insurance proceeds. Marguerite Bork insisted she was innocent, saying …
A Pennsylvania man pleaded guilty last week to embezzling more than $400,000 from an insurance company and using the money to buy expensive sports cards, sports memorabilia and vehicles. Richard Slonchka, of Kennedy Township, was a claims adjuster with Universal …
Standard & Poor’s Ratings Services has assigned an “A” senior unsecured debt rating to Genworth Financial Inc.’s $600 million senior unsecured notes due in May of 2009. The notes were originally issued in May 2004 as part of an equity …
While the public perception is that the industry failed consumers in the handling of Hurricane Katrina claims, the reality is quite different, according to the leader of the nation’s largest insurance agents’ group. “The reality is that overwhelming majority of …
Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on Mercury Casualty Co. (Mercury Casualty), Mercury Insurance Co. (Mercury Insurance), and its financial strength rating on Mercury Insurance Co. of Florida, to ‘AA-‘ from ‘AA.’ …