Financial Services Industry
Industry: Email Alert RSS FeedMinn. Attorney General Can Sue Insurers.(Brief Article)
National Underwriter Property & Casualty-Risk & Benefits Management, May, 2000 by CONVEY, MARYCHRISTINE
Minnesota State Attorney General Mike Hatch has gained authority equal to that of the Department of Commerce to sue insurance companies, a Minnesota Court of Appeals has ruled. The decision results from a lawsuit that Attorney General Hatch filed against the Madison, Wis.-based American Family Mutual Insurance Company in March 1999, regarding the insurer's payment of claims for storm damage to policyholders' homes.
The homes were damaged after a series of summer storms in 1998, which included severe winds and hail. In the lawsuit, Attorney General Hatch alleged American Family Insurance had violated the state's consumer protection laws and regulations of insurer trade practices by engaging in false advertisement and deceptive trade practices. He also claimed...
- How to choose the right insurance carrier for your business
- Real Estate: Prepare your properties to weather what lies ahead
- Technology: Be prepared if part of your global supply chain goes missing
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
