WASHINGTON--The Government Accountability Office said in a report released yesterday that inconsistencies remain in state licensing of insurance producers.
SB 2282 prohibits local governments from levying supplemental fees charged for police and fire department response services at the scene of an accident.
AIG CEO Ed Liddy might have a lot of explaining to do when he is dragged before Congress once again on May 13 about his perks, says NU Editor In Chief Sam Friedman in his blog today at www.NUSamSoapBox.com.
WASHINGTON--President Obama's budget document, released yesterday, calls for cuts in federal subsidy for the Terrorism Risk Insurance Act, beginning in the next budget year.
Despite a down economy and ratings issues with a number of insurers, The Hanover Insurance Group Property and Casualty Companies has been upgraded by A.M. Best Company.
American International Group said it has enough money on hand to pay its obligations, complete its reorganization and repay its loans for at least 12 months.