May 15, 2008
The California El Camino Chapter of the Chartered Property Casualty Underwriting Society has annouced its 2008-2009 officers and directors. The chapter serves its members in California’s San Fernando and Santa Clarita Valleys, Ventura, Santa Barbara and San Luis Obispo Counties. …
May 15, 2008
A class action lawsuit was filed in U.S. Federal Court, Central District, alleging that State Farm Mutual Automobile Insurance Co. is enriching itself with payments rightfully belonging to its insureds in violation of California law, particularly the “Make Whole Rule.” …
May 15, 2008
Two major investment firms will advise Florida on financing its hurricane catastrophe insurance fund although Gov. Charlie Crist tried to exclude them. Crist wanted to keep Lehman Brothers and J.P. Morgan from joining the “cat fund” investment team because they …
May 15, 2008
Faced with an unfriendly Congress, the Bush administration has found another, quieter way to make it more difficult for consumers to sue businesses over faulty products. It’s rewriting the bureaucratic rulebook. Lawsuit limits have been included in 51 rules proposed …
May 15, 2008
Three U.S. companies that once made lead paint have spent nearly a decade fighting off a lawsuit that could force them to pay billions to clean up contaminated properties. The case heads to the Rhode Island Supreme Court on Thursday, …
May 15, 2008
The state supreme court has set aside a jury’s verdict that the Maine Department of Transportation was partly to blame in a hit-and-run crash because it took too long to paint stripes on Route 302. A jury awarded $2.9 million …
May 15, 2008
New Yorkers would be let in on the secret when their doctor is charged with misconduct under a proposal by New York Gov. David Paterson. The measure would end the protection for doctors against disclosure of the charges until a …
May 15, 2008
Federal investigators have concluded that a lack of company safeguards such as alarms and automatic shutoffs led to a massive chemical plant explosion in Danvers. The U.S. Chemical Safety Board is expected to issue a report Tuesday that confirms solvent …
May 15, 2008
Iowa Mutual Insurance Company and its subsidiary, Iowa American Insurance Company, announced 2007 performance figures during its annual policyholder meeting. The growth in the commercial area helped offset the difficulty encountered with personal lines results, the company statement said. The …
May 15, 2008
U.S. actor Dennis Quaid urged the U.S. Congress Wednesday to preserve patients’ rights to sue drugmakers for injuries, recounting how his newborn twins nearly died from an accidental drug overdose. Quaid and his wife have sued Baxter International Inc , …