The administrator of BP’s $20 billion fund to compensate people harmed by the Gulf of Mexico oil spill says some whose claims were denied will get paid after all. Kenneth Feinberg says the Gulf Coast Claims Facility expects many of …
A Massachusetts woman admits that she and her husband intentionally ate glass particles, then submitted false insurance claims. Mary Evano pleaded guilty Tuesday to a 23-count indictment charging her with fraud, conspiracy and other offenses. The indictment alleged that between …
A Maryland couple has filed a $500,000 lawsuit over a bedbug infestation in an Ellicott City apartment. Orville and Rebecca Brown say they were forced to move out of their apartment and throw away most of their possessions, including all …
A student is in custody following a series of fires inside a northeastern Pennsylvania dorm. Nineteen-year-old Ryan Burke was arrested hours after two fires broke out early Tuesday in the dorm on the campus of East Stroudsburg University. Burke was …
Michigan’s workers’ compensation law blocks employee lawsuits against employers brought under federal anti-racketeering law, a federal judge has ruled. Federal Judge Paul D. Boren for the second time has dismissed a suit brought by a group of employees at Cassens …
It may have staved off a financial system meltdown, but the U.S. Treasury’s $700 billion bailout program is so reviled by the public that its distaste may rub off on incumbent Democrats in November elections. What goes into the history …
American International Group Inc. (AIG) said it has come to an agreement with the Obama Administration on a plan to repay American taxpayers who bailed out the insurer in 2008. AIG said it will use proceeds from the sale of …
ACE UK has launched a self assessment tool for its clients in the retail sector to enable them to gather detailed risk information from multiple sites and to compare these against best practice benchmarks for a range of exposures. ACE …
The Royal Society, the UK’s national academy of science, has launched a new short guide to the science of climate change. The Society explained that the “guide has been written to summarize the evidence and to clarify the levels of …
A.M. Best Europe – Rating Services Limited has affirmed the financial strength ratings of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a+” of UK-based QBE Insurance (Europe) Limited, Australia-based QBE Insurance (International) Limited and QBE Reinsurance (Europe) Limited, …
