A Connecticut man charged with burning down his beach home hours before he was supposed to give it to his estranged wife may sue the home’s insurer for emotional distress, the state Appellate Court has ruled. Richard Shenkman, 62, is …
Federal investigators are looking into why scaffolding collapsed at a high-rise building in a suburb of New York City, leaving two workers dangling by their safety ropes until they were rescued by a firefighter. Occupational Safety and Health Administration spokesman …
Newer auto insurance and aggregator sites are attracting an increasing share of the online auto insurance market that has been dominated by GEICO and Progressive, according to a new report. In the fourth quarter of 2010, these additional sites accounted …
State lawmakers who deal with insurance issues have approved a model law for the trucking and courier industries that sets guidelines for who is an independent contractor and who is an employee. The National Conference of Insurance Legislators (NCOIL) last …
Insurance broker USI Insurance Services has acquired The Amerisc Corp., Atlynx Surety Brokers and its principal affiliates. Amerisc, based in Garden City, New York with an office in Nanuet, specializes in commercial property/casualty, surety and employee benefits insurance for middle-market …
New Zealand’s 6.3 magnitude Christchurch earthquake is expected to be one of the costliest global insurance events since 2008, with total insured losses ranging between $3 billion and $12 billion. And it’s not unthinkable to expect an earthquake of the …
The Washington state Senate approved a measure Saturday that would drastically change the state’s workers compensation system by establishing an option for lump sum settlements. The 34-15 vote was a significant win for the business lobby, which has been trying …
The amount the Texas Windstorm Insurance Association (TWIA) has paid out in litigation costs as a result of lawsuits stemming from Hurricane Ike claims is far too high, said one Texas lawmaker who’s working on legislation to curb such expenditures …
Dutch bancassurer ING outlined plans for the expected early repayment of state aid it received during the credit crunch, further evidence of the Dutch financial sector’s recovery from the crisis. ING said on Monday that by May 2011 it will …
Climate change bringing floods and drought, growing biofuel demand and national policies to protect domestic markets could boost global food prices and threaten long-term food security, the United Nations said. High and volatile food prices are a growing global concern, …
