Connecticut Insurance Commissioner Thomas Leonardi says investigations by his agency recovered nearly $1.6 million for policyholders and taxpayers in the first three months of the year. Leonardi says the state Insurance Department fined carriers just over $1 million for various …
BP says it has paid more than $12 million in claims arising from a multistate recall of incorrectly formulated gasoline that damaged some vehicles’ mechanical components. BP spokesman Scott Dean tells The Times of Munster those claims were paid after …
A Madison-based insurance company’s catastrophe related losses have hit the $1 billion mark for a single year. It’s only the third time that American Family Insurance’s storm and catastrophe-related losses in the Midwest have hit that mark. More than $100 …
State Farm claim representatives said it has paid nearly $1.75 billion to its customers from the destructive storms of April and May. The total claim payments have nearly doubled in less than three weeks. Earlier this week, Allstate Corp., the …