The Alabama Legislature has taken another step toward erasing the state’s one-time reputation for juries returning big cash lawsuit verdicts. The Alabama House gave final approval last week to three bills aimed at curtailing what some consider lawsuit abuse. The …
A U.S. senator from Mississippi is introducing a bill that tries to resolve wind-versus-water insurance disputes for structures wiped out by hurricanes. Republican Roger Wicker said that his bill would establish a formula to determine how much property loss is …
The company that insured a lesbian couple’s home claims the women set a fire that destroyed it. Carole Ann Stutte and Jean Stutte of Vonore filed a lawsuit in February, claiming a former neighbor was responsible for the September 2010 …
Storm science has greatly improved tornado warnings in recent years. But if that’s led anyone into a sense of security, that feeling has taken a beating in recent weeks. Super Outbreak 2011, on April 25-28, killed more than 300 people …
A French airliner plunged out of control for four minutes before crashing into the Atlantic in 2009, investigators said, in a report raising questions about how the crew handled a “stall alarm” blaring out in the cabin. Information gleaned from …
A virulent form of E.coli bacteria blamed on infected cucumbers from Spain has killed 13 people in Germany and sickened 300, health officials said on Sunday while warning people not to eat suspect vegetables. European health experts Saturday said the …
Global warming will likely open up coastal areas in the Arctic to development but close vast regions of the northern interior to forestry and mining by mid-century as ice and frozen soil under temporary winter roads melt, researchers said. Higher …
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” for Minnesota-based Benchmark Insurance Company. Best said the rating affirmation reflects Benchmark’s “adequate level …
The Texas Legislature has passed a measure that requires regulatory approval of property and casualty certificate of insurance forms provided to insureds as proof of coverage. Certificates of insurance are widely used in commerial insurance, especially in the construction industry, …
State Farm says it has paid almost $1 billion on about 300,000 catastrophe claims from devastating storms across the central and southeastern United States over the past two months. The Pantagraph in Bloomington reported that State Farm says about 284,000 …
