Air France and La Réunion Aérienne (LRA), the consortium of insurers that covered the Concorde, that crashed outside of Paris on July 25th, killing all aboard, have filed suit in a French Commercial Court against Continental Airlines for reimbursement of …
The Supreme Court of Delaware has affirmed a lower court opinion in favor of 28 insurers who were sued in an insurance coverage action brought by Hercules Incorporated. In 1989, Hercules, an international aerospace company, was sued by former employee …
Calif. Governor Gray Davis signed a bill into law on Sept. 25 that will raise the bar for child safety in California. SB 567 (Speier, D-Daly City) will require children up to six years old or 60 pounds to ride …
Sept. 27, 2000 9:50 a.m. CDT
California Gov. Gray Davis recently signed legislation that will permit Armernian genocide victims and their heirs to file suits in California against insurers for unpaid policies purchased by people or companies in Europe or Asia between 1897 and 1923. SB …
Without an admission of wrongdoing, Aetna has agreed to pay $82.5 million to settle a class-action suit accusing the insurer of misleading investors about its financial status. The agreement is subject to court approval and includes all investors who bought …
The National Association of Insurance Commissioners has adopted standards for the regulation of Consumer Financial and Health Information in an effort to guide individual states in their efforts to comply with the consumer privacy protections outlined in the Gramm-Leach-Bliley Act. …
The National Association of Insurance Commissioners has submitted proposed legislation to grant state insurance regulators access to the FBI’s National Crime Information Center database. The NAIC made the request in response to discussions held last week during a hearing before …
ePolicy.com, Inc. has appointed Geoff Smith as executive vice president of business insurance. Smith will be responsible for developing new business insurance products and strengthening relationships with top tier carriers to build partnerships. Before joining ePolicy, Smith worked for 30 …
Summit Global Partners has raised $17.5 million in equity capital, led by Securitas Capital and including Austin Ventures and Mellon Ventures. This latest round of financing brings Summit Global Partners’ total raised capital to $56.5 million. “We are very excited …
