Three insurance industry giants now boast the title as “one of the world’s most ethical companies,” according to a Ethisphere, a think-tank dedicated to the research and promotion of profitable best practices in global governance, business ethics, compliance and corporate …
When Florida lawmakers passed asbestos legislation in 2005, they muddied the waters for plaintiffs afflicted with asbestosis who were in the throes of litigation. The state’s Fourth District Court of Appeal has now moved to clarify the situation, ruling that …
The Hanover Insurance Group recently announced that it has strengthened its presence in Wisconsin, naming Andrew R. Knipfer, CPCU, ARM, regional vice president for commercial lines. In this role, Knipfer will oversee all aspects of commercial lines business for the …
A Massachusetts employer is not entitled to recover any increased workers’ compensation costs from a third party responsible for injuring its employee. The Massachusetts Supreme Judicial Court ruled that the state’s economic loss doctrine bars the recovery in tort of …
CRM Holdings, which had been a major third party administrator for self-insured workers’ compensation trusts in New York, will surrender its trust license by the end of the summer as part of a settlement reached with state regulators. The settlement …
The Wisconsin Supreme Court says a passenger in a vehicle that caused a fatal drunken driving crash does not have to pay another $250,000. The decision means Badger Mutual Insurance Co., which insured David Schrimpf, will not pay more damages …
Workers have walked off the job at a massive Las Vegas Strip casino construction site, calling for safety improvements following a sixth worker death since work began in 2006. The majority of union workers on MGM Mirage Inc.’s multibillion dollar …
Lockton Companies, LLC has added Chris Kaine to its Washington, D.C. brokerage team as vice president and producer for all property and casualty lines. The addition of Kaine expands Lockton’s Washington, D.C.-based directors and officers liability and private equity/mergers and …
Colemont Insurance Brokers named Stephanie Lymore the new financial services broker in its San Francisco office. Lymore joined Colemont in 2007, marketing all lines of financial services coverages for that department. Previously, she worked for Dealey, Renton & Associates; All …
Local officials and insurance adjusters in Mannford, Okla., are assessing widespread damage from a June 1 hailstorm that pounded more than 1,000 homes and vehicles. City Manager Mike Nunneley said every home – about 1,100 of them in this city …
