The promised “stem to stern” safety review of Boston’s Big Dig is being hindered by the design of the Ted Williams Tunnel, which makes access to thousands of bolts impossible. The Boston Herald reports inspectors can’t test the strength of …
A Lebanon, Pa., woman whose husband and 10-year-old daughter were killed by a carbon monoxide leak at an Ocean City, Maryland motel room has filed a wrongful death lawsuit against four companies. The lawsuit seeking $30 million dollars in damages …
The U.S. Supreme Court this week rejected Allstate Corp.’s challenge to a Texas law that restricts insurance company ownership of auto collision repair shops. Allstate sought review of its case at the high court, arguing the Texas law violates the …
A report for the Louisiana Insurance Department shows that the state-sponsored “insurer of last resort” had trouble handling claims for hurricanes Katrina and Rita because it was switching to new outside contractors and activating a new computer system when the …
The Internal Revenue Service (IRS) has dropped plans to change the way that captive insurance companies are taxed. U.S. Senator Patrick Leahy, D-Vt., and U.S. Rep. Peter Welch, D-Vt., said that the IRS informed them it has decided to withdraw …
In a move he sees as another sign of a stabilizing insurance market, Mississippi Commissioner of Insurance Mike Chaney announced Wednesday that Aegis Security Insurance Co., will resume writing new manufactured housing and dwelling policies in the state beginning March …
Platinum Underwriters Holdings, Ltd. refused to follow the current earnings report script – declines in the fourth quarter, increases for the full year. The Bermuda-based reinsurer reported fourth quarter net after tax income rose to $102.19 million, compared to $85.95 …
A motions hearing took place this week in the highest profile judicial bribery trial in Mississippi in years. Famed plaintiffs lawyer Richard “Dickie” Scruggs, his son Zach, and an associate are accused of trying to bribe a Lafayette County Circuit …
With the press of a button, a lawyer for the nation’s largest insurance company may have ended a brief truce in its bitter dispute with Mississippi Attorney General Jim Hood. In an e-mail mistakenly sent to reporters Tuesday, a lawyer …
Dublin-based Research and Markets has added “UK General Insurance Competitor Tracker Q4” to their offering. The research firm described the new study as providing “expert analysis and opinion on the strategic movements of leading competitors in the general insurance market.” …
