The company last week announced additional settlement agreements with New York, Connecticut and Illinois state officials that will see it pay $153 million for restitution to excess casualty
Zurich American has begun assessing which excess casualty insurance customers are due restitution under a multi-million dollar bid-rigging settlement that requires complete calculations by July 10, a
The company also this morning announced an agreement with New York, Connecticut and Illinois state officials that will see it pay $153 million for restitution to excess casualty policyholders as well
Florida and eight other states have reached a nationwide settlement of $171.7 million with Zurich American Insurance Company, resolving bid-rigging and price-fixing allegations against the firm,
"The Northeast is staring down the barrel of a gun," said Joe Bastardi, chief forecaster of the AccuWeather.com Hurricane Center, in a statement. "The Northeast coast is long overdue for a powerful hu
"The Northeast is staring down the barrel of a gun," said Joe Bastardi, chief forecaster of the AccuWeather.com Hurricane Center, in a statement. "The Northeast coast is long overdue for a powerful hu
In New York a spokesman for Attorney General Eliot Spitzer, whose office first surfaced charges of bid-rigging and steering between commercial insurance brokers and carriers, said regarding Zurich "th
Kristina Baldwin, a lobbyist for the Property Casualty Insurers Association of America (PCI), said the fact that the bill was not reported out by the committee did not completely foreclose action on t
Speaking yesterday at the group's session during the spring meeting of the National Association of Insurance Commissioners, Mr. Parsons said such a relatively speedy outcome could be possible if the p