Insurance Profits are Called Excessive by CFA

The Consumer Federation of America (CFA), a consumer advocacy group, reports that property and casualty insurers booked near-record profits last year, continuing a trend that has cost the average American household about $870 over the last four years in unnecessarily high premiums.

Swiping your Credit Card Information

You work hard to protect your credit card information, but did you know your receipts might carry the risk of your credit card being swiped?

Credit Card Companies Mistreat Card Holders

It is being reported that credit card companies are badly mistreating their customers. Some of these companies are raising interest rates on good customers even if they pay down their balances every month on time.

Allstate Refuses to Abide by Court Order

In an arrogant and defiant move, Allstate Insurance Co. has made it clear that it won't produce key records for public view no matter how much a judge fines the company.

Victims Receiving Funds from Ameriquest Settlement

About $23 million from a class-action settlement of predatory-lending claims against Ameriquest Mortgage Co. is being distributed among 21,500 residents of New Jersey and Pennsylvania.

Judge Sides with Exxon in Payment Dispute with State

The billions that state officials had once coveted from the largest jury verdict in Alabama history is now a scrap over millions.

Louisiana Court says Insurer Acted in Bad Faith

A New Orleans home owner whose home was destroyed during Hurricane Katrina has won an appeal against the home owner's insurance company that denied his claim.

More on the Dead Peasant Insurance Saga

Beasley Allen has written on a practice existing in Corporate America known as "dead peasant" insurance. This is the label put on a practice where an employee takes out life insurance policies on their employees without approval of the employees.

Allianz Agent Theft Case Settled in Arkansas

A settlement has been reached involving theft by an insurance agent employed by Allianz Life Insurance Company of North America.

Alabama Settles with 2 in Drug Lawsuits

The state of Alabama will receive almost $7 million from a settlement with two drug manufacturers, who were defendants in a lawsuit the state filed against more than 70 pharmaceutical manufacturers.