Hedge funds have been speculating on lawsuits, a new form of financial engineering that some business interests say encourages wasteful courtroom warfare. Now two top Republican senators—Chuck Grassley of Iowa and John Cornyn of Texas—have a few questions of their …
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Pennsylvania Insurance Commissioner Teresa Miller announced that her department will hold a public hearing on the issue of “balance billing” of health insurance consumers. Balance billing occurs when a patient receives a bill for health care from a provider who …
The article Penn. to Hold Hearing on Balance Billing of Health Insurance Consumers appeared first on Insurance Journal.
Texas independent managing general agency and wholesale insurance broker, Myron Steves, announced the passing of its founder and namesake, Myron F. Steves, Sr., with the following message: With a heavy heart we share the news that Myron Fuller Steves, Sr., our …
The article Texas Wholesale Insurance Group Founder, Myron Steves, Passes appeared first on Insurance Journal.
Three people died and 23 were missing in floods after record rains burst the banks of two rivers in Japan in two days, public broadcaster NHK said. The Shibuigawa river in Miyagi Prefecture, an area hit by the record 2011 …
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A former Los Angeles County probation officer, Robyn Palmer, 29, of Long Beach, Calif. was arrested Thursday on six felony counts of insurance fraud for allegedly forging documents to illegally collect disability insurance benefits while serving probation for another insurance …
The article Former California Probation Officer Nabbed For Fraud While on Probation – for Fraud appeared first on Insurance Journal.
The United States is considering sanctions against both Russian and Chinese individuals and companies for cyber attacks against U.S. commercial targets, several U.S. officials said on Monday. The officials, who spoke on condition of anonymity, said no final decision had …
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The Texas Department of Insurance has produced a summary of various bills passed by the Texas Legislature this year that impact property/casualty insurance companies. Many but not all of the following were effective Sept. 1: House Bills HB 1733 Auto Liability …
The article TDI Posts Summary of Bills Affecting Property/Casualty Insurers appeared first on Insurance Journal.
Trinity Industries Inc.’s guardrail system will undergo additional crash testing by Virginia, raising new questions about a device on roadways across the country. Some of Virginia’s six proposed tests on the ET-Plus, scheduled to begin in mid-September, will be different …
The article Trinity Says Virginia Orders More Tests for Highway Guardrails appeared first on Insurance Journal.
The Connecticut troopers have issued 1,930 speeding tickets during the 2015 Labor Day weekend, the Connecticut State Police announced. The troopers patrolled the highways and roads in Connecticut over the Labor Day weekend. During this enforcement operation, troopers utilized both …
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The El Nino that’s changing weather across the globe is now the strongest since the record event almost two decades ago. Sea temperature anomalies in the central Pacific Ocean are now at their highest since 1997–98, Australia’s Bureau of Meteorology said in …
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