California Insurance Commissioner Steve Poizner announced the arrests of two individuals for allegedly fraudulent insurance claims made in the aftermath of the 2007 Southern California wildfires. Iraj Bassir of Escondido, Calif., and Maria Lourdes Solis Castillo of Encinitas, Calif., were …
Four small cars, two midsize cars, two midsize SUVs, one large luxury car, one small pickup, and a midsize convertible are the latest winners of the Insurance Institute for Highway Safety’s TOP SAFETY PICK award. Winners afford superior overall crash …
American International Group Inc. (AIG) Chairman and CEO Edward M. Liddy will host a conference call for the investment community on Friday, Oct. 3, 2008 at 8:30 a.m. EDT to provide an update on AIG’s future direction. The audio webcast …
Three-wheeled vehicles are now street legal in Ohio. A new law that took effect on September 23 and allows fuel-efficient three-wheelers such as the Zap Xebra (ZEE’-bruh) and the Myers Motors NmG to be registered and titled as motorcycles in …
A Canadian mining company is being blamed for the accidental death of a 40-year-old upstate New York miner. Willard Clewis Jr. of Gouverneur was killed May 31 when a large rock fell and crushed him while he and a co-worker …
A Dartmouth woman has been sentenced to 6 1/2 years in federal prison for paying more than $40 million in cash wages through the temporary employment agencies she ran with her husband in order to evade millions of dollars in …
California Gov. Arnold Schwarzenegger reinforced his commitment to keeping California’s roads safe by signing legislation that prohibits drivers from using text messaging devices while operating a motor vehicle. “I am happy to sign this bill because it further encourages safe …
New Hampshire’s insurance commissioner is working to reassure residents who are insured by AIG, one of the firms being bailed out by the government. Roger Sevigny says AIG’s insurance companies are financially sound, with more in assets than they need …
The Texas Department of Insurance, Division of Workers’ Compensation has set at 5.22 percent the interest and discount rates provided for in the Texas Workers’ Compensation Act. The new rate is effective Oct. 1, 2008, through Dec. 31, 2008. Source: …
Texas’ top insurance regulator told lawmakers on Sept. 24 that the insurance industry estimates there will be around 300,000 claims – including commercial property claims – stemming from Hurricane Ike, which hit the Texas coast on Sept. 13. Around 40 …