NEW YORK (Associated Press) - The Supreme Court on Friday refused to hear the case of a widow denied $426,000 in life insurance benefits on grounds that a federal retirement law does not entitle her to sue for compensation. Lawyers for the Houston-area woman asked the court to intervene …
SANTA MONICA, Calif., June 26 /PRNewswire-USNewswire/ — California homeowners with Fireman’s Fund insurance coverage will save a total of $35.1 million per year under an order issued last week by Insurance Commissioner Poizner that requires Fireman’s Fund to lower its premiums by 17.9%. The savings come as a result of …
CHICAGO, June 26 /PRNewswire-FirstCall/ — Aon Consulting Worldwide, the global human capital consulting organization of Aon Corporation (NYSE: AOC - News), today announced that Mike Matsumoto has joined the New York office as senior vice president and Japanese business leader for the Health & Benefits practice.
Matsumoto brings more …
INDIANAPOLIS (June 26, 2008) – A seemingly innocuous rule change proposed for Florida’s insurance system could further dissuade insurance companies from doing business in the state. That’s the message the National Association of Mutual Insurance Companies (NAMIC) delivered to the state’s regulators today.
The proposed “Informal Conferences; Repeal” addresses the required …
Mercury Insurance Group will pay a $250,000 settlement to the state Department of Insurance for alleged claims handling violations.
The Los Angeles-based insurer will pay an additional $50,000 for the department’s legal fees and enforcement costs associated with the case.
Insurance department investigators reviewed files of Mercury Insurance …
LOS ANGELES–(BUSINESS WIRE)–Farmers® Insurance today released the first update of its study of vehicle miles traveled (VMT) and the effect of higher gasoline prices.
“Since our preliminary study, oil prices have surged to over $130 per barrel,” notes Kevin Mabe, the Chief Economist of Farmers Insurance, who conducted the study and …
• What are the requirements to qualify for premium financing? To qualify for premium financing, you must have a net worth of at least $1 million (apart from …
ATLANTA — The Southwest has the lowest rate of health insurance coverage in the country, with 30% of non-elderly adults and 18% of children uninsured, according to a government study out Wednesday.
New England — with a rate of uninsured people less than half that of the Southwest — has the …
MIAMI (AP) — The National Hurricane Center’s director says it could take tens of millions of dollars for research and up to 10 years if officials want to substantially reduce errors in forecasting the intensity of hurricanes.
In an interview with The Associated Press on Tuesday, Bill Read (REED’) said reducing …
WELLESLEY, Mass.–(BUSINESS WIRE)–The U.S. division of Sun Life Financial Inc. (NYSE:SLF, TSX:SLF) today introduced Retirement Blueprint,SM a unique value added program designed to help advisors build their business by enhancing their income planning skills, and engaging clients in the retirement income conversation and planning process.
“Financial advisors have helped clients …