December 29, 2009
Wisconsin teenagers are buckling up more than they used to. A new survey of the state’s high school students shows that only 15 percent say they rarely or never wear a seat belt when in a car driven by another …
December 28, 2009
The California Department of Insurance announced that Rosa De Romero De Rosa (AKA Rosa D. Rosa) of Huntington Park, Calif., was arrested Dec. 22 and faces one felony count of grand theft after allegedly taking a premium payment and failing …
December 28, 2009
The state Court of Civil Appeals has ordered a woman’s $9 million jury verdict reduced by almost $3.4 million. The court took the action on Friday in a lawsuit filed by Barbara J. Nettles against Farmers Insurance Company. The ruling …
December 28, 2009
Starting next month, cigarettes sold in Virginia must comply with standards aimed at making them less likely to start fires. The General Assembly passed legislation in 2008 requiring that cigarettes sold in the state meet standards that make cigarettes more …
December 28, 2009
President Barack Obama has issued a disaster declaration and ordered federal aid to help repair damage in New Jersey shore communities affected by the November nor’easter. Beaches and dunes were heavily damaged by the powerful storm system born from the …
December 28, 2009
The deregulation of the Massachusetts auto insurance market has driven up prices, boosted insurer profits, reduced consumer protections and generally created confusion in the marketplace, according to a new report by the state’s attorney general. The report, which comes roughly …
December 28, 2009
Louisiana insurance regulators are suing a company accused of selling worthless construction bonds for bids on hundreds of millions of dollars in government projects, Insurance Commissioner Jim Donelon said last week. Infinity Surety of Louisiana Inc. wasn’t licensed to operate …
December 28, 2009
More Cedar Rapids homeowners are accepting buyout offers for their flood-damaged properties. Officials say 17 more homeowners have signed offers to have the city buy their properties, which were heavily damaged in the flood of 2008. That brings to 45 …
December 28, 2009
A federal judge in Kentucky has given preliminary approval to a settlement between Countrywide Financial Corp., and millions of customers whose detailed financial information was exposed in a security breach. Under the terms of the settlement, Countrywide, now owned by …
December 28, 2009
A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and the issuer credit rating (ICR) of “aa” of South Korea’s Samsung Fire & Marine Insurance Co., Ltd. The …