Standard & Poor’s Ratings Services has affirmed and removed from CreditWatch negative its ‘AA-/A-1+’ counterparty credit and senior debt ratings on American International Group Inc. S&P also affirmed and removed from >CreditWatch negative its ‘AA+/A-1+’ counterparty credit and financial strength …
More than 3,100 acres in the mountains of Santa Clara and Santa Cruz counties (California) burnt while fire crews from Sonoma, Lake and Napa counties helped battle the large blaze located near Summit Road and Maymen Flats, south of the …
A former Washington County, Pennsylvania borough president has been sentenced to two to four years in prison for embezzling $260,000 from a grocery store. Prosecutors say 47-year-old Scott Byron Gray worked at Interstate Foodland in Canton Township for about 20 …
Ocean City, Maryland has agreed to settle age discrimination claims brought by two police officers. Sgt. Dale Marshall and former officer Sgt. Kathleen Braeuninger claimed they were denied advanced training and promotion because they were nearing retirement age. The claims …
The biggest barrier to effectively prosecuting individuals who commit insurance fraud is finding an effective prosecutor, Scott Cassidy, chief of special prosecutions, Cook County State’s Attorney’s office said to a gathering of insurance fraud investigators, legal experts and law enforcement. …
A Baldwin, Wis. man was awarded more than $3 million in a malpractice case after losing part of his left leg. Jim Lang went to Dr. Gregory Estlund in 2003 after injuring his leg while working at a factory in …
The Smart Car got a lot of attention for its small size and style. Now, the smallest car for sale in the U.S. is getting attention for impressive crash test ratings. In recent Insurance Institute for Highway Safety tests, the …
Colorado residents affected by powerful storms are beginning to sort through the wreckage and pick up the pieces. According to the Rocky Mountain Insurance Information Association, it is too early to estimate the total damage and cost of damage caused …
Florida reached a settlement with Aon Corp., after the insurance broker received undisclosed compensation in connection with the placement of insurance coverage on behalf of Florida policyholders, state officials said. Through the investigation, authorities uncovered allegations that Aon improperly collected …
The Louisiana Supreme Court on May 21 upheld a previous appeals court’s decision upholding the state’s “valued policy law” (VPL). The plaintiffs in Mark Landry and Barbara Landry V. Louisiana Citizens Property Insurance Company lost their Vermilion Parish home during …