Nuclear Accidents Pose Little Risk to U.S. Health, Say Regulators

The risk to public health from a severe nuclear power plant accident in the United States is “very small” because reactor operators should have time to prevent core damage and reduce the release of radioactive materials, U.S. nuclear regulators said in a study on Wednesday.

Heffernan in Orange County Names Albanese SVP, Benefits

Heffernan Insurance Brokers has hired Karen Albanese office as senior vice president in its Orange County, Calif.

California Insurance Commissioner, Insurers Settle on Iran Investments

California Insurance Commissioner Dave Jones and a group of insurers have settled litigation over insurer investments in companies doing business in Iran, it was announced on Friday. The terms of the settlement permit the Jones to “maintain a public list of businesses involved in volatile sectors of the Iranian economy,” according to a statement issued by Jones’ office. The settlement also prevents Jones from declaring the investments of insurers in question to be declared non-admitted

Former North Dakota Insurance Agent Sentenced for Fraud

A former Minot, N.D. insurance agent has been sentenced to prison and ordered to pay nearly $1.2 million in restitution for wire fraud

California AG Announces Half-Billion Dollar Settlement over Price-Fixing Scheme

California Attorney General Kamala D. Harris announced on Tuesday that her office, along with the attorney general offfices, reached a $553 million settlement with manufacturers for allegedly engaging in price fixing of flat screen LCD (Liquid Crystal Display) panels found in monitors, laptops and televisions. In October 2010, Harris filed a lawsuit against 10 companies for engaging in price fixing of LCD panels from 1999 to 2006 that resulted in higher prices for California residents and businesses, as well as government agencies.

AXIS Capital Hires North American Professional Lines Chief in N.J.

AXIS Capital Holdings’ insurance segment appointed John Van Decker as Berkeley Heights, N.J.-based executive vice president and head of North American professional lines. In this newly created position, Van Decker is responsible for oversight of AXIS Insurance’s professional lines underwriting units in the U.S.

Incredible Tips to Consider When Looking for Cheap Car Insurance

[fivefilters.org: unable to retrieve full-text content] Did you know that there is always an accident taking place every few seconds in the United States and other developed countries globally? Getting reliable and cheap car insurance is therefore one of the most important things as you seek to cover yourself and your car from the possible accidents that could take place as you drive your car.

Attend Driving School And Learn Important Things

[fivefilters.org: unable to retrieve full-text content] For most of us, turning sixteen is one of the best birthdays a child can think of. In the United States of America, most people, at least in the public school systems, have the opportunity to attend some type of driving school as they are turning 16. This is the age that they can become licensed and registered drivers in their state.

Report AXA, Generali, Tokio Marine, MS&AD Submit Bids for HSBC Unit

European insurers AXA SA, Assicurazioni Generali SpA, Japan’s Tokio Marine and MS&AD Insurance Group are among suitors to submit first round bids for HSBC’s non-life insurance business, sources with knowledge of the matter told Reuters , in a deal worth about $1 billion. Allianz SE and Zurich Financial Services AG were also interested in the process, sources previously told Reuters , but it could not be independently ascertained whether they had submitted preliminary bids, which were due on Wednesday.

How to Get Auto Insurance As a Non-Citizen

[fivefilters.org: unable to retrieve full-text content] If you are a tourist in the United States, and are in the country for less than six months, it is best to find out how to get auto insurance as a non-citizen through an insurance broker, since most big insurance companies will not be willing to arrange such short-term insurance. Insurance brokers can be found in the yellow pages, or on the Internet. Depending on the car that is involved, vehicle insurance for a non-citizen is normally in the region of about $100 to $200 per month.

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