Policies

State Farm Sued Over Policies Backed by Distressed Insurer PHL

Health Insurance /
State Farm Sued Over Policies Backed by Distressed Insurer PHL

State Farm Mutual Automobile Insurance Co. faces a lawsuit accusing it of fraud and unjust enrichment for selling products from PHL Variable Insurance Co., which authorities say has a $2.2 billion capital shortfall that left policyholders with less-than-promised payouts. Three people who bought PHL life insurance and annuity contracts from State Farm agents are seeking […]

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NCDOI Investigating Agency Over Complaints That Policies Weren’t Obtained

Auto Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

Investigators with the North Carolina Department of Insurance searched an insurance agency and a home in Salisbury after reports that insurance premiums had not been used to secure policies. “The N.C. Department of Insurance has received several consumer complaints regarding this company and is currently investigating this case,” reads a statement from the DOI. The

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Stricter Return-to-Office Policies Are Boosting Growth for Catering Providers

Life Insurance /
Stricter Return-to-Office Policies Are Boosting Growth for Catering Providers

Tighter in-office mandates and the high cost of eating out are driving more workers to corporate cafeterias, where upgraded amenities and better food are used to lure staff back. That’s boosting volumes and growth prospects for caterers, including Aramark, Compass Group Plc and Sodexo SA. Higher traffic can lift organic growth by as much as

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