Fitch Ratings has affirmed the ‘AA-‘ insurer financial strength (IFS) ratings on Nationwide Mutual Insurance Company (NMIC) and its related intercompany pool members (collectively, Nationwide Mutual), as well as Nationwide Life Insurance Company and Nationwide Life Insurance Company of America, …
A California Court of Appeals has ruled that the state’s primary workers’ compensation insurer cannot deny an occupational medical clinic from its preferred provider network because it impaired the provider’s ability to practice occupational medicine in Fresno. In Palm Medical …
Standard & Poor’s Ratings Services has lowered its financial strength rating on Financial Guaranty Insurance Co. (FGIC) six notches, to ‘BB’ from ‘A’, and its rating on holding company FGIC Corp. six notches, to ‘B’ from ‘BBB’. S&P also removed …
The Florida Department of Financial Services filed a civil lawsuit against the officers, directors and affiliates of three former Florida insurance companies, according to Chief Financial Officer Alex Sink. Lawyers for DFS, the court-appointed Receiver of Atlantic Preferred Insurance Co., …
The city of New Haven, Conn. will pay $425,000 to a former parks worker who claimed in a lawsuit that he was rejected for a public works job because he was too old and white. City officials agreed to settle …
A judge has dismissed the federal portion of a long-running lawsuit over Lake Coeur d’Alene beachfront property rights and sent the remaining case to state court. U.S. District Judge Edward L. Lodge denied federal claims by Sanders beach property owners …
A civil lawsuit in federal court accuses tribal law enforcement of negligence in a 2002 car crash that killed a man at Pine Ridge, S.D. Nathan Vaughn Dreamer, 36, died Feb. 25, 2002, as the result of injuries from a …
Employees who witness violent acts and suffer mental illnesses as a result would be eligible for workers’ compensation benefits under a bill discussed Thursday by state lawmakers. Several senators raised concerns about how much the proposal could cost the state …
Insurance brokers Marsh and Willis are complying with the terms of their 2005 bid-steering settlements reached with the New York Insurance Department, according to an auditor’s report released by the state. “To their credit, both companies have cooperated fully with …
Fire department officials say a fireworks malfunction at a Wrestlemania event in Orlando, Fla., has left about 40 people with minor injuries. Fans packed the Florida Citrus Bowl Stadium for the event Sunday night. Fire officials say the fireworks flew …