News

Two men who committed arson got burned by lengthy prison sentences.

Connecticut State Attorney General Richard Blumenthal yesterday announced that Federal Reserve Chairman Ben Bernanke was wrong when he said Connecticut law prevented him from attempting to recoup American International Group bonus monies.

The closer a carrier's relationships with its independent agents, the more business they send its way, according to a J.D. Power and Associates satisfaction survey.

Florida's government-dominated insurance system needs reform because its current system makes the state less safe and increases the log-term costs to taxpayers, a study by a free market think tank has concluded.

American International Group's plane leasing subsidiary, International Lease Finance Corporation, said its future existence could be in doubt if it is unable to secure funding from its troubled parent or a third-party lender.

The Insurance Federation of North Carolina said it has named Jennifer Cohen, an attorney with government experience, as its new executive director replacing Joe Stewart.