BISMARCK, N.D.?Prosecutors have enough evidence to try two top officials at North Dakota?s monopoly workers compensation insurer over charges in a conspiracy case, a judge ruled Wednesday. The Bismarck-based monopoly insurer?s CEO, Sandy Blunt, chief executive officer of Bismarck-based Workforce...
COUNCIL BLUFFS, Iowa?A state court judge in Iowa ruled Thursday that a state law prohibiting gay marriage is unconstitutional and ordered a county recorder?s office to begin issuing marriage licenses to gay couples. However, he subsequently stayed his decision, pending a state supreme court hearing...
US News has an article on The Most (and Least) Prestigious Careers using data from a Harris Interactive poll:
The article notes that the least prestigious jobs tend to be higher paying than many of the more prestigious jobs. I did find it amusing that “real estate agent” was on the bottom of the list, even below “actor” and “accountant”. Are people grouchy about their house value dropping or what?
Personally I don’t really place prestige very high on my list of important factors in choosing a job… I usually just tell most people I do “stuff with computers” and they just nod and move onto something else. But here’s a good time give a shout-out to my friend Tom who just ...
LONDON?The subprime investment crisis is not likely to have a large effect on the global reinsurance market, according to Fitch Ratings Ltd. in London. If the current problems cause a wider lack of confidence in investment markets, then there could be some impact, but overall reinsurers?...
ANCHORAGE, Alaska (Reuters)? Plaintiffs in the long-running case surrounding the 1989 Exxon Valdez oil disaster this week asked the U.S. Supreme Court to restore a $5 billion punitive fine against Exxon Mobil Corp., a petition filed with highest U.S. court shows. The petition, filed Tuesday,...
ZURICH, Switzerland? Converium Holding Ltd. officially disappeared from the roster of global insurers as it was renamed SCOR Holding Switzerland A.G. in an extraordinary general meeting. ?With the takeover of Converium by SCOR, a successful Swiss company is losing its independence,? Markus...
NEW YORK (Reuters)?A U.S. federal judge certified a class action lawsuit against McKesson Corp. on behalf of consumers who claim the drug wholesaler conspired to inflate the average wholesale price (AWP) of prescription drugs used to determine payments by Medicaid and insurance plans. The class,...
Homeowners in California are expected to pay 8 percent more for state earthquake insurance. On the other hand, insurer fees are expected to be cut by one-third. The restructuring plan for California Earthquake Authority’s finances would cut insurer contribution by $1 billion but at the same time it will increase home owner’s premium by an average of $55 on a policy of $700. The money generated will help the state pay for claims in the event of a major earthquake. To become a law early next year, the measure needs to win the legislative approval by Sept 14.
LONDON? London-based Oxygen Holdings P.L.C., the parent company of Oxygen Insurance Brokers Ltd., has completed the acquisition of the Lloyd?s of London broker Robertson Taylor Insurance Brokers Ltd. Robertson Taylor specializes in insurance for music and live event industries and the business...
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