Top 10 for the Past Week | 1. | Did Government Overpay to Bail Out AIG?
NATIONAL Nov 18, 2009 -- Officials handling the multibillion dollar bailout of insurance giant America International Group Inc. mismanaged an initial rescue attempt and may have overpaid other banks to wind down AIG's business relationships, a government watchdog says. The Federal Reserve Bank ... | | 2. | University of Michigan Pays $1 Million to Settle Student's Dismissal Lawsuit
MIDWEST Nov 16, 2009 -- The University of Michigan is paying $1 million to settle a lawsuit with a former dental student who claimed she was illegally kicked out of school, according to a document obtained by The Associated Press. | | 3. | Court: Owners of Truck in Fatal Connecticut Crash Can Sue Insurer
EAST Nov 20, 2009 -- The Connecticut Supreme Court has reinstated a lawsuit filed by the owners of a dump truck that caused a fatal 20-vehicle wreck in Avon, in a dispute over whether there was insurance coverage | | 4. | State Farm Owes $310M in Refunds, Texas Regulators Say
TEXAS / SOUTH CENTRAL Nov 17, 2009 -- The Texas Department of Insurance has ordered State Farm Lloyd’s (SFL) to refund a total of $310 million to policyholders after finding that the insurer had overcharged customers beginning in 2003. | | 5. | California Insurance Agent Arrested for $6 Million Scam
WEST Nov 18, 2009 -- California Insurance Commissioner Steve Poizner said that William A. Sassman, 41, of Sacramento was arrested early Nov. 16 on 43 felony counts of grand theft, 40 felony counts of selling unauthorized securities, 16 felony burglary counts and one count of using a device, ... | | 6. | House, Senate Healthcare Bills Have Major Differences
NATIONAL Nov 19, 2009 -- The healthcare legislation released by the Senate's Democratic leaders Wednesday resembles a bill passed by the House of Representatives on Nov. 7 in many ways but there are some major differences between the two. The Senate has yet to begin debate on its bill, which is ... | | 7. | Lacher to Head Allstate's P/C Division
NATIONAL Nov 17, 2009 -- The Allstate Corp. has named Joseph P. Lacher, Jr., 40, as president of Allstate Protection, effective November 30, 2009. He will lead all of Allstate's property and casualty offerings, "serving over 17 million Ameri | | 8. | Connecticut Repair Shops Win $15 Million Against Insurer Over Appraisals
EAST Nov 19, 2009 -- A Connecticut jury has awarded $15 million to automobile repair shop owners in their lawsuit accusing an affiliate of The Hartford Financial Services Group of unfair trade practices. The Stamford Superior Court jury this week found in favor of the Auto Body Association ... | | 9. | Marsh & McLennan Settles Pension Plans' Suit for $400 Million
NATIONAL Nov 16, 2009 -- Insurance broker Marsh & McLennan Cos. Inc. will pay $400 million as part of a class action settlement filed five years ago by state pension plan administrators in New Jersey and Ohio in connection with a probe of the company's acceptance of contingent commissions. ... | | 10. | Insurance Top Picks for Safety: Ford, Subaru, Volkswagen
NATIONAL Nov 19, 2009 -- Ford, Subaru and Volkswagen lead the insurance industry's annual list of the safest new vehicles, according to a closely watched assessment used by car companies to lure safety-conscious consumers to showrooms. The Virginia-based Insurance Institute for Highway Safety ... | Popular Videos | |
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