An insurance company wants former Mississippi Supreme Court Justice Oliver Diaz kicked off a lawsuit involving imprisoned former attorney Paul Minor. Minor, meanwhile, also thinks the federal judge in the case should step down because he’s the same judge who …
The U.S. Troubled Asset Relief Program, which risked up to $700 billion of government funds to bail out troubled banks and automakers, will cost taxpayers a mere $25 billion, according to an estimate released Monday by the nonpartisan Congressional Budget …
Dublin International Insurance & Management Association (DIMA), the representative body for the international re/insurance industry in Ireland, announced that it has “been in contact with rating agency Standard & Poor’s to clarify the position regarding the Irish sovereign rating and …
A unit of French insurer AXA has sued an arm of Dutch insurer ING in New York state court, alleging ING misrepresented the financial health of a Mexican insurance company it sold to AXA in 2008. AXA said it has …
According to initial estimates from Swiss Re’s sigma research team, worldwide economic losses from natural catastrophes and man-made disasters totaled $222 billion in 2010; more than triple the 2009 figure of $63 billion. The cost to the global insurance industry …
A Mississippi judge is asking a federal appeals court to restore his immunity from being sued over claims that he knowingly making false claims to authorities. The 5th U.S. Circuit Court of Appeals scheduled arguments for Dec. 6 in New …
DUI arrests have skyrocketed in Mississippi in the past several years, helping lead to the lowest number of drunken driving deaths in decades. It’s welcome news for a state that has ranked among the nation’s worst in per capita alcohol-related …
New York City police officers were justified in shooting at an armed suspect on a Harlem street in 2005, a shootout that injured a mother and daughter playing nearby, New York’s highest court ruled. The officers had probable cause to …
A former New Hampshire firefighter is going to prison for at least three years after pleading guilty to setting a series of fires. Forty-four-year-old Stark Liedtke of Alton had pleaded guilty to three charges that he set fires on Berry …
The 2010 Atlantic hurricane season, which ends tomorrow, was one of the busiest on record, according to the National Oceanic and Atmospheric Administration. In contrast, the eastern North Pacific season had the fewest storms on record since the satellite era …
