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Melvyn I. Weiss, the high-profile attorney who with his firm led giant class actions against insurers and other corporations, has agreed to a $10 million fine and a sentence of up to 33 months for
Bernie Heinze, executive director of the King of Prussia, Pa.-based American Association of Managing General Agents, said Scottsdale's unspecified "leadership gift"--the biggest gift pledged to date--me
This trend means that more juries may be charged with deciding whether a very general request for coverage from a customer can form the basis of a claim for negligence or breach of contract against hi
ORLANDO, FLA.--A consumer representative got a positive response from insurance regulators here when he urged them to create a model law requiring insurers to disclose data on the race, sex and income
Fitch Ratings has moved to reassess the credit ratings on thousands of municipal bonds insured by Financial Guaranty Insurance Corp (FGIC) and XL Capital Assurance Inc. (XLCA), both based in New York
The Western Insurance Agents Association (WIAA) has endorsed insurance programs offered by MexiPass Global Assurance as part of a new strategic partnership. In turn, MexiPass will offer its programs t
AIG has filed a lawsuit against seven former executives, including Maurice R. "Hank" Greenberg, alleging a breach of fiduciary duty in connection with the handling of a block of AIG shares worth about
The research found that the number of insolvencies has declined steadily among insurance companies in recent years, and property and casualty insurers are making up a smaller percentage of those failu
Lawyers for a group of public adjusters who worked in Louisiana handling wind-vs.-water claims caused by Hurricane Katrina are asking a federal appeals court to reinstate their suit for damages under
Lawyers for a group of public adjusters who worked in Louisiana handling wind-vs.-water claims caused by Hurricane Katrina are asking a federal appeals court to reinstate their suit for damages under
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