A 60-year-old New Hampshire man has been convicted of insurance fraud for taking money to replace items destroyed in a fire when he never replaced them, according to state officials. Attorney General Kelly Ayotte said Wellington Potter of Jefferson was …
There is an X-factor in setting insurance rates that even actuaries would have a hard time calculating: Politics. For those who serve as their state’s ultimate authority on what factors insurers can use to raise or lower rates, political calculations …
A Maine lawmaker says the state has the highest boating fatality rate in New England, and he wants to do something about it. Rep. Thom Watson of Bath is proposing mandatory, one-time boating safety courses after a year in which …
A liver transplant patient has sued New York University Medical Center for $2 million, claiming the hospital’s pharmacy gave him medicine for HIV, the virus that causes AIDS, when he tried to fill a prescription for hepatitis C. Gregory Rossini, …
A New York court has ruled that plaintiffs suing Pfizer Inc. over its pain medication Celebrex do not have reliable scientific evidence to prove the drug can cause heart attacks and strokes at the 200-milligram dose, the company said Wednesday. …
Guy Carpenter & Company has released its “2008 Reinsurance Market Review: Near Misses Call for Caution.” The report presents a comprehensive review of global market conditions as of the January 1, 2008 renewal period and provides additional detail to the …
The World Economic Forum has published a report on the state of the global economy in advance of its annual meeting, scheduled to be held in the Swiss resort of Davos January 23 to 27. The Forum’s “Global Risk Report …
California Gov. Arnold Schwarzenegger is expected to propose a 1.25 percent tax on homeowners and business property insurance policies when he unveils his state budget today. “The expected proposal will unfairly force California consumers to fill Sacramento’s budget gap, while …
Building inspectors planned to go door to door this week to assess damage from the flood caused by a break in a century-old irrigation canal, as homeowners face uncertainty over who will help them pay for repairs. Only one homeowner …
Putting itself in the skates of an 8-year-old, the Utah Supreme Court reinstated a lawsuit Tuesday filed by a woman whose son was smacked in the head with a hockey stick while teasing another player. A key issue: Did Daniel, …