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Allstate in April had sought a stay of the rate cuts, but it was denied by Superior Court Judge Peter Busch in San Francisco, and Mr. Poizner called the ruling "a $250 million victory for consumers in
Interpreting the Age Discrimination in Employment Act of 1967, the court held that an employer bears "both the burden of production and the burden of persuasion" for the "reasonable factors other than
"Relative to a year ago when the company was at a trading value disadvantage compared with the major primary companies, Assured's successful negotiation of the nonprime RMBS [residential mortgage back
The firm advised policyholders to immediately give notice to their insurance companies of any impact due to the tomato recall, regardless of whether there will ultimately be a claim, to avoid noncover
The center, called the Guy Carpenter Asia-Pacific Climate Impact Centre, is located at City University of Hong Kong, which already conducts research on typhoons and monsoons in the Asia-Pacific region
When Allstate balked at supplying documents subpoenaed by the OIR, the firm was suspended by Insurance Commissioner Kevin McCarty--a move he ultimately reversed. The material was requested so OIR could
"Every time top officials at the Department of Labor and Occupational Safety and Health Administration have appeared before Congress, they have cited declining injury, illness and fatality numbers to
WASHINGTON--The Supreme Court ruled today that there is an inherent conflict of interest in cases where an insurance company serves as both the administrator and provider of disability coverage for a r
The Plymouth Meeting, Pa.-based firm, a wholly-owned subsidiary of AIG's American General Finance Inc., said it will continue a reduced retail operation, but the wholesale operation effectively ended
WASHINGTON--The Property Casualty Insurers Association of America (PCI) said today that it has hired a key House Financial Services Committee staff member as its senior vice president of policy develop
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