The CT AG alleges that prices for this reinsurance placed in the programs rarely changed, regardless of the type of risk being ceded, the loss history of the insurance company ceding the policies, or even the total amount of business ceded to the program.It is alleged that Balis exclusively determined which insurance company clients would place business into what program. [read post]

State Farm, based in Bloomington, Illinois, and Los Angeles-based Farmers Group Inc., the third-largest home insurer in the U.S., also hired McKinsey as a consultant, court records show. [read post]

The following shall not be treated as a refinancing, even when the existing obligation is satisfied and replaced by a new obligation with the same lender (this definition of "refinancing" as to transactions with the same lender is similar to Regulation Z, 12 CFR 226.20(a)): (1) A renewal of a single payment obligation with no change in the original terms; (2) A reduction in the annual percentage rate as computed under the Truth in Lending Act with a corresponding change in the… [read post]

New Claims PO Box 5250 Sioux Falls, South Dakota 57117 800-378-7262 Farmers Insurance Group (Zurich) Personal Claims 800-355-6458 Farmers Insurance Group (Zurich) Commercial Claims 888-279-9375 Farmers Insurance Group (Zurich) PIP Claims PO Box 268993 Oklahoma City, OK 73126 888-299-2031 GE Auto Insurance(Colonial Penn) New Claims PO Box 31050Tampa, Florida 33631-3050 800-523-4040 GLI Corporate Risk… [read post]