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Insurance News 01/2009 (Page 7)

Intel files $50 million suit against insurance firm (CNET via Yahoo! News)
Intel has filed a $50 million lawsuit against insurance carrier American Guarantee and Liability Insurance, alleging breach of contract.

Heath Ledger insurance suit settles (AP via Yahoo! News)
An agreement has been reached in a lawsuit involving Heath Ledger's $10 million life insurance policy.

Heath Ledger insurance suit settled (USA Today)
An agreement has been reached in a lawsuit involving Heath Ledger's $10 million life insurance policy. Ledger's attorneys are seeking a closed hearing next month to establish a court guardian to represent the actor's 3-year-old daughter, Matilda Rose, who is the policy's beneficiary.

Ex-officer pleads guilty to insurance fraud (The Philadelphia Inquirer)
A former Camden police officer pleaded guilty yesterday to insurance fraud involving a side business he operated to transport nonemergency medical patients.

Direct Sales Of Title Insurance Could Cut Lawyers' Fees (Hartford Courant)
There's a shake-up going on in the arcane world of title insurance that could save consumers in Connecticut and many other states hundreds of dollars when buying or refinancing a home.

Ex-La. insurance CEO to be arraigned (KATC 3 Lafayette)
BATON ROUGE, La. -- The former chief of Louisiana's state-backed insurance company has a court date next week. Terry Lisotta is facing 14 counts of theft, allegations that he...

Ash Damage And Insurance Coverage (KTVA Anchorage)
If Redoubt erupts, and you have some damage, most Alaska insurance officials say generally ash damage will be covered. "So I just hear people asking what can I do to make sure I'm covered if something happens to my property," says South Anchorage State Farm Insurance Agent Todd Jackson.

Pa. survey says one million lack health insurance (The Phoenix)
 HARRISBURG — The number of Pennsylvania residents without health insurance has increased to more than 1 million, according to a state Insurance Department survey released Thursday. The debate over how to reverse the trend has already created a deep divide between Democratic Gov. Ed Rendell’s administration and Republicans who control the state Senate. Reaching a compromise this year could prove ...

Man allegedy plotted father's murder for insurance money (The Star-Ledger)
Two Colorado men are facing murder charges in what authorities said was a plot to obtain insurance money from the father of one of them. William Silvi was indicted on Friday in state Superior Court in Hackensack. He and brother-in-law...

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