June 10, 2008
One insurance company based in the Midwest says weather-related losses are adding up quickly. Madison, Wis.-based American Family Insurance Company says that claims are mounting in the Midwest since tornados, windstorms, hail and flooding have hit the multi-state area all …
June 10, 2008
Legislative reforms and mediated lawsuits are responsible for a decline in the number of appeals and court actions handled by the Oklahoma Supreme Court over the past few years. The Tulsa World examined eight years of Supreme Court filings, opinions …
June 10, 2008
Enforcement actions taken by Texas Insurance Commissioner Mike Geeslin that became final during April 2008 include nine license revocations, two license denials and fines and restitution totaling $771,165. The today announced Copies of Geeslin’s orders may be obtained by contacting …
June 10, 2008
Lawyers for a Connecticut psychiatrist who was sued for malpractice in the death of a 17-year-old girl should have revealed to her doctor co-defendant a secret settlement with a payout that hinged on the outcome of the trial, the state’s …
June 10, 2008
R.K. Wallace Construction Inc., of Hattiesburg, Mississippi, would pay a $72,000 fine under a proposal by the Occupational Health and Safety Administration. OSHA cited the company, doing business as Wallace Steel Erectors, with three repeat safety violations. The company, based …
June 10, 2008
Retail and wholesale brokers working with Negley Associates can now add workers compensation coverage to their clients’ professional liability, general liability, directors and officers liability, excess liability and property policies through Liberty Mutual’s Alternative Markets operations. Liberty Mutual has over …
June 10, 2008
The air traffic controllers’ union is urging a federal safety board to reopen its findings on a 2006 plane crash in Kentucky that killed 49 people and include understaffing at the airport tower as a contributing factor, a newspaper reported …
June 10, 2008
For insurance companies, today’s turbulent markets are presenting both tough investment choices and significant opportunities. That was the sense of a panel of investment officers at Standard & Poor’s Ratings Services’ Insurance 2008 “Operating Within A Global Economy” conference in …
June 10, 2008
A delegation from St. Bernard Parish in Louisiana is to visit the Grand Forks area this week to share disaster lessons. St. Bernard Parish President Craig Taffaro is to lead the delegation of about a dozen people in meetings with …
June 10, 2008
AIG Small Business, a unit of AIG Commercial Insurance, announced the availability of contractors pollution liability (CPL) insurance designed specifically for the needs of contractors with revenues under $10 million. Featuring limits as low as $300,000 and a minimum deductible …