Insurance News from September 16, 2008
News
AIG Rescue at Hand: Government to Take 80% Stake in Exchange for $85 Billion
An $85 billion government rescue of insurer American International Group Inc. looked...
International News
Lloyd’s Sees NAIC’s Decision on Reinsurance Collateral ‘This Month’
A bulletin on the Lloyd's web site (www.lloyds.com) notes that the National Association...
East News
Poll: Few New Jersey Residents Support Lower Drinking Age
A new poll shows few New Jersey residents support lowering the drinking age from 21 to...
West News
Feds Look into Texting before Deadly California Train Crash
Federal officials investigating a commuter rail collision that killed 25 people said...
Southeast News
Update: Mississippi Couple in Settlement with State Farm over Katrina
State Farm Fire & Casualty Co. paid $250,000 to settle a lawsuit brought by a Biloxi,...
Texas / South Central News
At Resort Cut Off By Ike, Whole Neighborhoods Gone
More than 48 hours after Hurricane Ike swamped the U.S. Gulf Coast and forced hundreds...
Midwest News
Death Toll Rises to 6 in Midwest; 7 Counties Declared Emergency Areas
Though some flood waters are receding and some residents in the Chicago area able to go...