The recovery will not be led by those who are ruled by gloom and the fear of doom. It’s a cat-chasing-its-tail scenario. Or maybe a Catch-22. Chicken-and-egg? Whatever it is, it’s a mess. The scenario is this: The economy takes …
Federal workplace safety officials say they’ve cited two contractors for the scaffolding collapse that injured six workers at a construction site last June at Binghamton University in New York. The Occupational Safety and Health Administration said that Apple Roofing Co. …
A Pennsylvania woman is suing natural gas driller Chesapeake Energy Corp. and two of its subsidiaries, claiming that drilling near her rural home has fouled the water with methane and other pollutants and created a rash of health problems since …
Despite multiple changes in general liability forms, redefined offenses, and the addition of exclusions, there are still instances in which coverage for patent infringement may exist. Under the standard commercial general liability policy, the coverage is provided in two sections. …
Industry’s $40M Research Center May Someday Lead to Lower Catastrophe Claims For those who question the intelligence of insurance companies, here’s a new industry development that should answer those questions once and for all: The insurance industry is ecstatic because …
Colorado insurance regulators fielded more than 25,500 inquiries from consumers in the past year, resulting in a total of nearly 5,000 formal grievances. During this period, the investigation of these grievances amounted to more than $12 million being recovered for …
The city of Concord, Calif. has agreed to pay $750,000 to settle a sexual harassment lawsuit filed by a former police officer. The City Council voted to pay $250,000 to Lisa Capocci and $500,000 to her attorney, Stan Casper. City …
Half of all graduating medical residents or fellows trained in Illinois leave the state to practice medicine elsewhere, in large part due to the medical liability environment in Illinois, according to a new study from Northwestern University Feinberg School of …
Missouri Attorney General Chris Koster said he is amending his lawsuits against three companies that sold bogus auto warranty products by including the allegation that the companies have been selling insurance without a state license through the sale of additive …
The current insurance program market is mature and stable, with business estimated at $20 billion, but profitability may be declining, according to a new survey of program administrators and managing general agents. Program experts say their biggest challenge is developing …
