March 31, 2011
Insurance technology company Applied Systems has acquired Artizan Internet Services, a provider of Web-based and outsourced customer service and claims technology for property/casualty insurance agencies wanting to offer 24 hours a day/7 day a week services. Among the software products …
March 31, 2011
Despite the itchy rise to prominence of bedbugs around New York City, officials have long been limited in what they could do to get negligent landlords to address the spread of the minuscule critters. On Tuesday, city officials announced a …
March 31, 2011
New York’s top court says the estate of a man run down by a homicidal driver is entitled to make insurance claims for injuries caused by an accident. The Court of Appeals says that even though Ronald Popadich pleaded guilty …
March 31, 2011
A proposed compromise to limit lawsuit damages in Tennessee is a step in the right direction, but there’s still work to be done, claims former U.S. Sen. Fred Thompson. Gov. Bill Haslam’s proposal would place a $750,000 limit on non-economic …
March 31, 2011
Calling a police officer a “fat slob” is not an offense that can usually get someone charged, a federal appeals court ruled recently, allowing a lawsuit over the arrest to go forward. Kenneth Kennedy’s sued the Kentucky city of Villa …
March 31, 2011
OnPoint Underwriting, an Atlanta-based managing general agency, has expanded its business into Arizona. The Scottsdale, Arizona office will be led by Frank Beranek, who has 40 years of insurance experience. He is responsible for the day-to-day operations and growth of …
March 31, 2011
American International Group, Inc. (AIG) today announced a reorganization of Chartis, its global property/casualty business, and named a new management team, including a new chief executive officer, Peter D. Hancock, currently AIG executive vice president for Finance, Risk and Investments. …
March 31, 2011
A former manager at one of California’s two nuclear power stations sued the facility’s operators Wednesday, claiming he was fired in retaliation for reporting safety concerns at the plant. The suit against Southern California Edison, principal owner of the San …
March 31, 2011
Bank of America Corp. won the dismissal of a bias lawsuit by black financial advisers at the former Merrill Lynch & Co. who said they were paid lower bonuses than white counterparts to stay on when the companies merged. Wednesday’s …
March 31, 2011
The man widely seen as the leading successor to Warren Buffett at Berkshire Hathaway has resigned after buying shares in chemical company Lubrizol Corp. before pushing Buffett to acquire it. David Sokol’s resignation is a reputational blow for Buffett, the …