By the time you finish reading this sentence, two new law suits will be filed in U.S. courts. We live in an extremely litigious society. There is no other way to put it. The United States has more lawyers per …
Barely a day goes by without news of yet another data breach at a major corporation or institution. From Sony to Citicorp and the International Monetary Fund to the U.S. Senate, systems have proved vulnerable to hackers with uncertain motives. …
Argus Fire & Casualty, Florida A Florida insurance company is on its way to closing its door as it informed agents it is going to start dropping policyholders when their policies are up for renewal. Argus Fire & Casualty, a …
A global economy offers enormously rich rewards, along with more than enough dangerous risks. Although accurate statistics are difficult to come by, estimates indicate there are anywhere from 12,500 to 25,000 kidnappings a year worldwide. Then, depending on the source, …
Toyota Claims Setback “Application of California law to a nationwide class, at least in some instances, would drastically expand the scope of relief available to plaintiffs (to the detriment of Toyota).” —U.S. District Judge James Selna, who said Toyota owners …
South Carolina’s two-tier statutory cap on damages is constitutional, the state Supreme Court has ruled. In the same ruling, however, the court found that two separate governmental entities’ negligent acts, which resulted in injuries to the plaintiffs, constituted two occurrences, …
Liberty Mutual Group’s Edmund (Ted) F. Kelly, 65, will retire from active management of the company on June 28. David H. Long, 50, will replace Kelly and will become president and CEO effective June 29, 2011. Kelly will continue to …
Prices for workers’ compensation insurance are inching up after decreasing and then flat-lining for the past few years, according to Towers Watson. The global professional services firm’s most recent Commercial Lines Insurance Pricing Survey (CLIPS) showed that pricing increases for …
The owner of an Ann Arbor self storage business has been cleared of liability in the death of a customer who accidentally locked himself in a car trunk. The Michigan appeals court in early June overturned a decision by a …
Iowa-based United Fire & Casualty Co. announced new executive appointments and the election of four new directors for full terms on its 12-member board. Denver Regional Office Underwriting Manager Jolene Grow was appointed assistant vice president of United Fire & …
