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The Hartford Takes $3.4 Billion in Bailout FundsHartford Financial Services Group Inc. said Friday it has taken $3.4 billion of federal bailout money, the maximum it was authorized to accept, to bolster capital in the wake of large investment ......

Ratings Roundup: CastlePoint, Doctors, MeadowbrookA.M. Best Co. has assigned a financial strength rating of 'A-' (Excellent) and issuer credit rating of "a-" to CastlePoint Florida Insurance Company with stable outlooks. "CFIC is a newly formed ......

Apex Global Partners Acquires Dallas Insurance BrokerDallas-based Apex Global Partners (AGP) has acquired the Corrigan Jordan Insurance Agency, a privately owned insurance and risk management brokerage also headquartered in Dallas. Corrigan ......

Indiana Governor Warns Government Shutdown PossibleGov. Mitch Daniels has said he was prepared to keep essential services such as public safety running if lawmakers do not pass a budget by midnight June 30, but warned that most of state government ......

Car Insurance Mandate in Wisconsin Budget; No Driver's Card for IllegalsWisconsin drivers would have to buy liability insurance for their vehicles but illegal immigrants would not be issued special cards so they could drive legally on the state's roads under the state ......

Cancer Allegations Against Railway Company in Texas to ContinueAlthough two juries have sided with BNSF Railway Co. in separate lawsuits claiming chemicals in a railroad tie plant in Central Texas caused cancer, dozens of similar lawsuits will go forward, an ......

New Indiana Laws Include Teen Diver Cell Phone BanIndiana drivers under age 18 will soon be breaking the law if they use a cell phone while driving, as will school bus drivers who fail to make sure all students are off the bus at the end of their ......

Report on Federal Probe Into Deadly Katrina Flooding ReleasedAn in-depth study by more than 150 experts commissioned by the Army Corps of Engineers to look into the catastrophic failure of the levees during Hurricane Katrina is done, though the report ......

Oklahoma Insurance Department: Scammers Targeting AgentsOklahoma Insurance Commissioner Kim Holland has warned insurance producers and adjusters across the state to be on the lookout for imposters posing as Oklahoma Insurance Department employees ......

Towers Perrin, Watson Wyatt to Merge in $3.5B DealTowers, Perrin, Forster & Crosby Inc. and Watson Wyatt Worldwide Inc. have entered into a definitive agreement under which Towers Perrin and Watson Wyatt will combine in a merger of equals to form ......

New Hampshire Ruling Clouds State's Claim to Malpractice FundA judge has rejected New Hampshire's claim that a medical malpractice fund is an agency of the state. Judge Kathleen McGuire's ruling Thursday appears to undercut the state's argument that it ......

New Jersey Lawmakers OK Immunity for Some Teen DrinkersNew Jersey lawmakers have approved a measure that puts safety above the law when it comes to underage drinking. The bill grants immunity to any under 21 who has been drinking if that person ......

Enviros Sue FEMA Over Oregon Flood Plain DevelopmentEnvironmental groups sued the Federal Emergency Management Agency, saying the agency failed to consider how its national flood insurance program affects Oregon's federally protected salmon and ......

Insurance Agency Sued by New York AG over Old Oil Spill on its LandDonald Forsythe and Fred Wilder, founders of Wilder-Forsythe Inc. insurance agency, picked an awful location to sell insurance. The small office building they bought in 1974 in the far-northern ......

P/C Industry Posts $1.3B Loss in Q1; Combined Ratio Up to 102.2The property/casualty insurance industry suffered a $1.3 billion net loss after taxes for first-quarter 2009, which constitutes a $9.8 billion adverse swing from the industry's $8.5 billion in net ......