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Tag Archives: Insurance

Treasury announces new warrant auctions

WASHINGTON — The government said Tuesday it will auction warrants it received from two giant insurance companies as part of its efforts to recoup costs of the $700 billion financial bailout. The Treasury Department announced it will auction warrants of ...

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One hairy insurance policy

What began as being too lazy to shave while on vacation last week has morphed into my first deliberate attempt at facial hair. My goatee will be gone by the weekend, when I have to be in pictures for a ...

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Old Mutual sells Baltimore-based life insurance unit

Old Mutual Plc said Friday it sold its Baltimore-based U.S. life insurance unit, formerly F&G Life, to Harbinger Capital Partners for $350 million. “The $350 million is a great price for U.S. Life, especially as it has been on the ...

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Arson isn’t the answer

Not that you would do this, dear readers, but the Maryland Insurance Administration wants you to know that setting your car on fire for the insurance money isn’t the answer to getting out of auto debt. We are apparently in ...

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Biker v. Insurance Company: The rematch

From our sister paper south of the Potomac comes this story of a health insurance company that refused to pay on a $100,000 claim for a motorcycle rider’s injuries from a crash after he pleaded guilty to reckless driving, a ...

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