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Across all industries, the total number of federal class action lawsuits filed dropped by 21 percent last year, with financial services firms continuing as the favorite target, a consulting firm reported.
Insurance brokerage Willis Group Holdings, plc., said it raised more than $400,000 for Haitian earthquake relief efforts using a special internal company Web site to gather donations.
An unprecedented $16 billion in first-quarter reinsurer losses from the Chilean earthquake, European storm Xynthia and other natural catastrophes is a record worst for the period, said Willis Re.
While Democrats tout consumer protections in the health care reform law, most people with group health coverage don't appreciate they already enjoy such benefits, says NU Editor Sam Friedman in his blog today at www.NUSamSoapbox.com.
Utica Mutual Insurance Company has announced it has an agreement to acquire Nationwide Holdings Inc., the holding company for Founders Insurance Company of Des Plaines, Ill.
Five insurance trade groups have filed a petition asking California officials to review whether the state insurance commissioner created "illegal underground regulations" concerning Iranian investments.
Suspicious claims and insurance fraud continue to plague New York's no-fault auto system. In fact, many contend that the problem is only worsening.
Vertafore's president of agency markets told a user group conference that the company's customer service needs to be improved and users can expect to see the company make strides to do just that.
The Professional Insurance Agents of New York State Inc. said Richard J. Zick, president and chief executive officer of Utica First Insurance Co., will speak at its April 15 Long Island Regional Awareness Program.
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