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Louisiana AG's Suit Against Insurers Over Katrina Stays in U.S. Court
Seeded on Sun Apr 6, 2008 8:52 PM EDT (Insurance Journal)
The suit accuses Allstate Insurance Co., State Farm Fire and Casualty Co. and several other insurers of working together to fix prices, manipulate damage estimates and low-ball claims payments after Katrina and Hurricane Rita devastated the state in 2005.
Take away your cell phone for 1 day....
Sat Apr 5, 2008 2:05 AM EDT
What if you took away your cell phone for 1 day?
Continue reading this entry ...
AIG files lawsuit against former execs.
Seeded on Tue Apr 1, 2008 11:30 PM EDT (Property and Casualty Insurance News)
AIG has filed a lawsuit against seven former executives, including Maurice R. "Hank" Greenberg, alleging a breach of fiduciary duty in connection with the handling of a block of AIG shares worth about $20 billion, according to court documents.
Drinking an Driving... Chatting and Texting... any difference?
Seeded on Sat Mar 22, 2008 3:26 PM EDT (Claims Magazine)
A study conducted by Carnegie Mellon University has shown that talking on a cell phone while driving causes the drivers to make some of the same driving errors that are common among those driving under the influence of alcohol.
Class-action lawyer big pay-out
Seeded on Sat Mar 22, 2008 12:02 AM EDT (National Underwriter Life & Health)
"A lawyer who once organized class-action lawsuits against insurers and other companies has agreed to pay a $10 million fine and accept a sentence of up to 33 months in prison in connection with allegations that his firm paid many of the lead plaintiffs in the cases."
T-Rex was Vegetarian
Seeded on Fri Mar 21, 2008 8:08 AM EDT (ABC News)
Standing in the lobby of the Denver Museum of Nature & Science, Bill Jack and Rusty Carter pointed to the enormous teeth on the reproduced skeleton of a Tyrannosaurs Rex, and told a group of children and their parents that the fearsome T-Rex was really a vegetarian.
Insurance Company USAA Tops Businessweek....'Customer Service Champs'
Seeded on Tue Mar 18, 2008 12:53 AM EDT (foxbusiness.com)
It's no surprise to me that USAA hits the top again year after year. Other insurance companies, like State Farm and Amica always place high as well. I was insured with State Farm for many years, then found USAA premiums to be lower and the claims service to be just as good.
Attorneys file Municipal Derivatives Antitrust Class Action
Seeded on Sat Mar 15, 2008 4:28 PM EDT (insurancenewsnet.com)
U.S. District Court for the District of Columbia file a class action lawsuit against thirty seven leading banks, insurance companies, and brokers alleging widespread price-fixing and bid-rigging in the multi-billion dollar municipal derivatives industry dating back to 1992.
Alleged Multi-Million Dollar Fraud Ring Target of Federal Lawsuit
Seeded on Mon Mar 10, 2008 9:15 PM EDT ()
Allstate is one of many insurance companies that continuously fight insurance fraud throughout the nation. Most insurance companies have implemented Special Investigative Units (SIU) to investigate potential fraud.
Study: Traffic Crashes Cost American Drivers $1,051 per Person
Seeded on Sun Mar 9, 2008 3:46 AM EDT (Insurance Journal)
Another reason why we should try and carpool. This translates into higher premiums for the average american.
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