U.S. regulators Tuesday are set to give nervous insurance companies, mutual funds and other big players in financial markets a better idea of whether they will be tapped for the same type of additional government scrutiny facing large U.S. banks. …
Atlantic City has decided to bill insurance companies for fire department services. The City Council approved the ordinance Wednesday without setting fees. Glassboro implemented such a system in 2005. Fire Chief Ralph Johnson told The Press of Atlantic City the …
The Beaufort County School District has agreed to a $2.6 million settlement of a lawsuit with two insurance companies stemming from a student molestation case. The Beaufort Gazette reports the settlement ends a four-year lawsuit between the district and the …
There was a 4.5 percent increase in questionable claims (QC) this year compared with 2010, according to the The National Insurance Crime Bureau (NICB) report released today. The report noted a 18.3 percent increase when compared with the first half …
The tornado that devastated Joplin in May is expected to cost insurance companies about $2.2 billion. Property Claims Services, which determines insurance payouts for catastrophes, said Tuesday that figure includes payouts already made and projected payouts for the May 22 …
Connecticut Insurance Department officials say they have recovered $2.4 million for consumers in the first half of the year by settling disputes with insurance companies. Insurance Commissioner Thomas Leonardi says agency examiners looked into nearly 3,600 consumer complaints from Jan. …
The natural gas shortage that slammed the state last winter cost insurance companies $55 million in claims. A memo from the state Public Regulation Commission’s Insurance Division says homeowners received the most help representing 7,422 of the nearly 8,900 claims …
Insurance companies already have paid out more than $500 million in claims for the May 22 tornado that struck Joplin, Missouri. But the final total could grow to three or four times that amount. The state insurance department said on …