IFAwebnews » settlement

California, insurance companies settle suits over investments in Iran

Bob Graham — Wed, 01 Feb 2012 13:49:54 +0000

California's insurance commissioner announced the end to a pair of civil suits, filed over his agency's efforts to force insurance companies to stop investing in corporations working in Iran.

California, insurance companies settle suits over investments in Iran via IFAwebnews.

N.Y. gets 8 health insurers to more promptly update online directories

Bob Graham — Sat, 21 Jan 2012 20:04:39 +0000

Eight health insurance companies agreed to improve the accuracy of the provider directories they post on their websites, according to deals struck with New York's attorney general.

N.Y. gets 8 health insurers to more promptly update online directories via IFAwebnews.

Companies bankrupt after ‘deceptively’ selling discount health plans

Jaime L. Brockway — Tue, 09 Aug 2011 01:10:35 +0000

Two insurance companies were ordered to pay restitution and change their marketing methods after “deceptively” selling discount health plans as health insurance to Massachusetts consumers in a $2.4 million civil judgement.

Companies bankrupt after ‘deceptively’ selling discount health plans via IFAwebnews.

Court endorses AIG’s $450 million payment to end workers’ comp. suit

IFAwebnews Staff — Tue, 26 Jul 2011 10:26:13 +0000

A court in New York has given its preliminary approval to a settlement in a suit involving the alleged under-reporting of American International Group’s market share in the workers’ compensation market to trim its payments to state insurance pools.

Court endorses AIG’s $450 million payment to end workers’ comp. suit via IFAwebnews.

Insurers to pay $8 million in first Chinese drywall settlement

Jaime L. Brockway — Mon, 02 May 2011 11:12:41 +0000

Residents of homes with faulty drywall reached an $8 million settlement with a New Orleans company that distributed the Chinese drywall to homes in the Gulf region for rebuilding after hurricane disasters.

Insurers to pay $8 million in first Chinese drywall settlement via IFAwebnews.

AIG pays $150 million settlement for multiple derivative litigations

Jaime L. Brockway — Thu, 03 Feb 2011 07:36:24 +0000

American International Group’s (AIG) directors and officers' insurers will pay $150 million to resolve legal disputes with former company executives.

AIG pays $150 million settlement for multiple derivative litigations via IFAwebnews.

AIG settles case alleging misreporting of workers’ comp. premiums

Jaime L. Brockway — Wed, 29 Dec 2010 10:59:38 +0000

American International Group (AIG) and its workers’ compensation affiliates will pay a $100 million settlement to all 50 states and Washington, D.C., for alleged premium under-reporting.

AIG settles case alleging misreporting of workers’ comp. premiums via IFAwebnews.

Duke wants AIG to reimburse it for lacrosse-stripper case costs

Jaime L. Brockway — Wed, 13 Oct 2010 11:50:47 +0000

Duke University is seeking reimbursement from American International Group (AIG) for legal expenses related to the school’s court dispute concerning lacrosse team members accused of sexually assaulting a stripper.

Duke wants AIG to reimburse it for lacrosse-stripper case costs via IFAwebnews.

Pa. school district, insurer to pay $1.2 million over laptop webcams

IFAwebnews Staff — Wed, 13 Oct 2010 10:47:25 +0000

A Pennsylvania school district and its insurer will pay $1.2 million to settle two civil suits filed over its tracking of student laptop computers.

Pa. school district, insurer to pay $1.2 million over laptop webcams via IFAwebnews.

Louisiana’s insurer of last resort settles Hurricane Katrina suit

IFAwebnews Staff — Thu, 26 Aug 2010 11:19:24 +0000

Louisiana Citizens Property Insurance Corp. plans to pay $23 million to settle a civil suit where thousands of people say they were not properly compensated for hurricane losses after Hurricanes Katrina and Rita.

Louisiana’s insurer of last resort settles Hurricane Katrina suit via IFAwebnews.