If the wedding is off, the engagement ring must be returned, state law says, but a broken engagement and ensuing legal battle over a $35,000 ring may change that. Mario Mele, a former Montgomery County commissioner who owns a dental …
The Connecticut Supreme Court has upheld a trial court ruling that bars wrongful death claims over the deaths by brain cancer of more than 60 workers in Pratt and Whitney’s jet engine manufacturing plant. The court agreed that the families …
U.S. Risk Insurance Group in Dallas, Tex. is acquiring Lighthouse Underwriters, LLC of Anandale, Va. Under the terms of the agreement, Lighthouse will become an operating division of U.S. Risk Insurance Group, but will retain the Lighthouse trade name and …
On a procedural budget vote, the U.S. Senate yesterday killed a proposed $140 billion private asbestos victims fund that has been years in the making. The final vote was 58 to 41, with 60 votes needed to keep it alive. …
A panel of eight insurance experts agreed unanimously that carriers are closely scrutinizing Florida and are hesitant to renew homeowners policies during a panel moderated by Bill Bailey, director of the Hurricane Insurance Information Center, at the Seventh Annual Windstorm …
Charles Albert Sloan has been sentenced on one count of wrongfully seeking workers’ compensation benefits and one count of fraudulently obtaining a controlled substance, both felonies, according to West Virginia Insurance Commissioner Jane L. Cline. Sloan, of Elkins, W. Va. …
Purse snatching has traditionally been a crime directed against women, but the growing use of small electronic devices by men, has increasingly made them the victims of grab and run thieves. A bulletin on the Lloyd’s Website (www.lloyds.com) notes that …
Although the start of the Florida Legislature is still three weeks away, lawmakers have released preliminary bill drafts on two major issues they will face during the upcoming legislative session: reenacting the PIP/no-fault system and reforming the property insurance market. …
Swiss Re appeared very upbeat after the completion of its January reinsurance treaty renewals. The Zurich-based reinsurer noted a “7 percent improvement in economic profit” and premium growth to CHF 9.3 billion ($7.1 billion). The Company’s bulletin notes that the …
A former Central City, Ky. councilman will spend the next 15 months in prison after being sentenced on federal fraud charges. Danny W. Miller received the sentence on Monday after pleading guilty in U-S District Court last September. Miller admitted …
