Insurance

Police: Torching Of Brooklyn Cars May Have Been Insurance Scam

Police sources said the firebombing was not likely a hate crime, but an insurance scam, and could have manufactured by someone outside the community.

2012/01/11

Mona Goodman, Long Beach City Council Vice President, cleans up flood waters at her home after Hurricane Irene swept through on August 28, 2011 in Long Beach, New York. (Photo by Mike Stobe/Getty Images)

Tips For Filing An Insurance Claim And Making Repairs After The Storm

Hundreds if not thousands of homes and businesses have been damaged or destroyed from Irene around the Tri-State, either by wind, downed trees or the rising flood waters.

2011/08/29

Kenneth Minor Gets 20 Years For Motivational Speaker’s Murder

Kenneth Minor was found guilty in March of the murder of motivational speaker Jeffrey Locker.

2011/04/04

The Pine Street headquarters of American International Group Inc. (AIG) in lower Manhattan is shown on March 23, 2009, after the troubled insurer took their name down over the weekend from the front of their Water Street building. (credit: Timothy A. Clary/AFP)

AIG Expects 4Q Charge Of $4.1B For Loss Reserves

The New York insurance company said Wednesday that it also reached a deal with the Treasury Department allowing it to keep $2 billion in proceeds from the sale of its life insurance divisions.

2011/02/09

AIG Completes Sale Of 2 Life Insurance Units

AIG, which agreed to the sale in September, said it will keep its remaining insurance businesses in Japan.

2011/02/01

Job seeker James Dickson is seen at a career training center operated by the New York Department of Labor in Harlem - New York, NY - Dec 3, 2010 - Photo: Spencer Platt/Getty Images

NJ Lawmakers Approve Unemployment Website Upgrade

The state Legislature recently passed a measure mandating that the Labor Department rework the site so jobless residents can access claims information anytime.

2011/01/16

AIG To Issue Warrants As Part Of Gov’t Exit Plan

AIG will issue 75 million warrants on Jan. 19 to shareholders of record Jan. 13. Shareholders who exercise the warrants stand to gain 36 percent if AIG’s stock price retains its current level of about $61.

2011/01/07

Insurers To Pay NY $120M For Premium Overcharges

Then-Attorney General Andrew Cuomo said the companies collected too much in surcharges on premiums from policyholders after the state Workers’ Compensation Board in 2000 changed the way it calculates annual fees.

2011/01/01

NFL, Manufacturers Agree There’s No Perfect Helmet

Representatives of the NFL, the NFLPA and the four equipment companies that make every helmet worn in the league all say there is no such thing as a football helmet that eliminates concussions.

WFAN–2010/11/12

Union Rejects Health Care Proposal From NFL

The players union has rejected a proposal from the NFL on long-term care for former players, saying the supplemental policy would exclude too many of them.

WFAN–2010/11/12

AIG Set To Repay $37 Billion In Bailout Money

AIG said it closed its sale of American Life Insurance Co. Monday to MetLife Inc. for $16.2 billion. It said last week that it raised $20.51 billion through an initial public offering for AIA Group Ltd.

2010/11/01

President Barack Obama speaks at the White House - Washington, DC - Oct 5, 2010 - Photo: Brendan Hoffman/Getty Images

Could Overhaul Undermine Employer Health Coverage?

The new health care law wasn’t supposed to undercut employer plans that have provided most people in the U.S. with coverage, but last week a leading manufacturer told workers their costs will jump partly because of the law.

2010/10/24

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