| 1. | Demand for Agricultural Insurance Expected to Grow
Feb 25, 2011 -- The agricultural insurance market is facing rising demand along with pressures to adapt to changes in farming and to become more efficient in delivering products. Increasing world demand for food is driving up commodity prices for corn, soybeans, ... |
| 2. | Another Federal Judge Dismisses Suit Against Healthcare Mandate
Feb 24, 2011 -- A federal judge this threw out a lawsuit claiming that President Barack Obama's requirement that all Americans have health insurance violates the religious freedom of those who rely on God to protect them. U.S. District Judge Gladys Kessler in ... |
| 3. | Investors Watching How AIG’s Chartis, SunAmerica Perform
Feb 24, 2011 -- Bailed-out insurer American International Group Inc. could post another multibillion-dollar loss when it reports fourth-quarter results on Thursday, but the real question is how well its surviving life and property businesses did in a tough market. ... |
| 4. | Supreme Court Allows Lawsuits Over Seat Belts
Feb 23, 2011 -- The U.S. Supreme Court ruled that federal regulations setting vehicle safety standards do not bar lawsuits seeking damages from automakers for installing lap-only seat belts. The unanimous ruling held that a California lawsuit against Mazda Motor ... |
| 5. | Insurers Report 24% Rise in Suspicious Claims Since 2008
Feb 23, 2011 -- There has been a 24 percent rise in what insurance companies consider suspicious claims since 2008. In 2008, a total of 74,146 so-called questionable claims, or QCs, were referred to the National Insurance Crime Bureau from its member insurance ... |
| 6. | New York Man Arrested for Insuring 18 Unlicensed Family Members
Feb 23, 2011 -- A Middletown man who thought he was doing favors for unlicensed family members and friends by registering and insuring their cars was arrested for falsifying business records, the New York State Insurance Department reported. Ruben Godinez has been ... |
| 7. | Next for IBM's Watson: Insurance Jobs in Jeopardy?
Feb 22, 2011 -- IBM wasted no time in parlaying the winning performance of its artificially intelligent Watson on the TV game show "Jeopardy!" into real business. Last week, it announced a deal to commercialize Watson's capabilities by developing a system to ... |
| 8. | Texas Windstorm Insurance Litigation Costs Too High, Lawmaker Says
Feb 22, 2011 -- The amount the Texas Windstorm Insurance Association (TWIA) has paid out in litigation costs as a result of lawsuits stemming from Hurricane Ike claims is far too high, says one Texas lawmaker who's working on legislation aimed at curbing such ... |
| 9. | Pittsburgh Agency Shut for Alleged Premium Fraud
Feb 22, 2011 -- The Pennsylvania Insurance Department has shut down Pittsburgh-based Morry Hoffman Agency Inc. for allegedly misappropriating $1 million in premiums. The agency wrote commercial policies for restaurants including liquor liability coverage. Within a ... |
| 10. | Pittsburgh Pirates Fan Sues Atlanta Braves
Feb 22, 2011 -- A Pittsburgh Pirates baseball fan says in a lawsuit that Atlanta Braves' security officers and ushers ignored complaints about a group of rowdy fans he says attacked him at Turner Field. Elmer "Bobby'' Collins of Macon claims in court documents that ... |
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