St. Joseph’s Hospital bought 60 acres and another 12 acres were donated near Highland High School for a new 90,000-square-foot hospital to open by spring 2013, the Belleville News-Democrat… View full post on Insurance Stories
The Wisconsin Medical Society, the state’s doctor association, is suggesting the state ration health care, as the state of Oregon does, in order to save… View full post on Insurance Stories
Citing consumer needs that have grown over the past eight years, Janesville-based Mercy Health System once again is attempting to build a hospital and medical clinic in Crystal Lake,… View full post on Insurance Stories
The American Insurance Association (AIA) has announced that Marjorie Berte has joined the association as its new vice president for the Western Region. Berte’s career includes experience in both … View full post on Insurance Stories
BP and its partners made a series of cost-cutting decisions that ultimately contributed to the oil spill that ravaged the Gulf of Mexico coast over the summer, the White House oil spill commission … View full post on Insurance Stories
Seven automobile insurance firms have followed Allstate Insurance Co. in suing Toyota Motor Corp. to recover money they paid in claims for car crashes blamed on unintended acceleration of Toyota … View full post on Insurance Stories
Under a law that went into effect on Saturday, Massachusetts pharmacies are tracking much more closely who buys prescription drugs, the Sun Chronicle reports . Druggists are demanding to see positive ID before residents can pick up drugs. The aim, according to the Sun Chronicle, is to curtail prescription drug abuse. According to one federal [...]
A Tampa Bay-area police department is the latest to buy into new technology that uses cameras to scan license plates and checks the numbers against a database of stolen cars and other vehicles … View full post on Insurance Stories
Boston-based insurer Liberty Mutual has agreed to pay a $2 million settlement to the state of Connecticut over allegations that it steered insurance contracts by paying kickbacks large insurance … View full post on Insurance Stories
A New Mexico Court of Appeal has ruled that a Las Cruces city employee who fell off a garbage truck while intoxicated is still eligible to collect workers’ compensation insurance benefits for his … View full post on Insurance Stories
A New Mexico Court of Appeal has ruled that a Las Cruces city employee who fell off a garbage truck while intoxicated is still eligible to collect workers’ compensation insurance benefits for his … View full post on Insurance Stories
Allstate Corp. has sued Bank of America Corp and 18 others for misrepresenting the risks on more than $700 million of mortgage securities it bought from Countrywide Financial Corp. Allstate, the … View full post on Insurance Stories
The Food and Drug Administration has declined to approved a “more concentrated version” of the Teva multiple sclerosis drug Copaxone, the Associated Press reports . The version of Copaxone that is already on the market has had more than $2 billion in sales this year. Teva is based in Israel and has its North American [...]
In 2009, independent insurance agents and brokers faced a “perfect storm” with the economic downturn, premiums at a fraction of what they used to be, and unemployment and home foreclosure rates … View full post on Insurance Stories
Heffernan Insurance Brokers has added atthew Gailey in its Portland, Ore., office as assistant vice president. He will focus on property and casualty insurance, and directors and officers … View full post on Insurance Stories
Property casualty insurers had a healthy growth level in after-tax profits, which stood at $26.7 billion through the first nine months of 2010, according to a release by the Property Casualty … View full post on Insurance Stories
Itasca, Ill.-based Arthur J. Gallagher & Co. has announced the acquisition of Aviation Insurance Holdings Inc., headquartered in Las Vegas. Terms of the transaction were not … View full post on Insurance Stories
A.M. Best Co. has assigned a financial strength rating of ‘B+’ (Good) and issuer credit rating of “bbb-” to Michigan-based PrimeOne Insurance Company, both with stable outlooks. The ratings of … View full post on Insurance Stories
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