June 14, 2011
Judges in Kentucky’s Jefferson County have stopped a program giving drivers without insurance a way to avoid a hefty fine because court officials say it nearly impossible to monitor the growing number of participants. The Insurance Diversion Program ended in …
June 14, 2011
Liberty Insurance Company Limited (LICL) has been granted approval by the China Insurance Regulatory Commission (CIRC) to increase its registered capital by $17.5 million. LICL is a wholly owned subsidiary of Liberty Mutual Insurance Co. and part of the Liberty …
June 14, 2011
Six more workers at Japan’s tsunami-damaged nuclear power plant may have exceeded the radiation exposure limit, bringing the total to eight, the government said this week. The health and labor ministry released the preliminary results of tests on how much …
June 14, 2011
Draft legislation is being circulated in Congress that would require firms to make reasonable efforts to secure customers’ personal data and to provide quick disclosures in the case of a data breach. U.S. Representative Mary Bono Mack, who has held …
June 14, 2011
A woman is suing a northwestern Pennsylvania hospital, saying she was subjected to emotional distress because the facility didn’t order an autopsy of her daughter, forcing the body to be exhumed 43 days later. Kelli Combs Meerhoff wants at least …
June 13, 2011
United Frontier Mutual Insurance Co. is now a member of Mutual Service Office Inc. (MSO), a New Jersey-based rating service bureau. United Frontier, based in Lockport, N.Y., is a P/C insurer that was founded in 1877 as The Farmers Mutual …
June 13, 2011
Illinois-based global insurance broker Arthur J. Gallagher & Co. has acquired Bushong Insurance Associates Inc. in Ponte Vedra Beach, Florida. Terms of the transaction were not disclosed. Founded in 2000, Bushong is a retail insurance broker providing commercial property/casualty and …
June 13, 2011
Calgary, Alberta, Canada-based Anthony Clark International Insurance Brokers Ltd., has announced the sale by its United States subsidiaries Addison Low Cost Insurance Brokers Ltd. and Addison Bay Insurance Brokers Ltd. of the fixed assets and customers accounts of the Southern …
June 13, 2011
According to a survey released earlier this year by the National Pest Management Association, one out of five Americans has had a bed bug infestation in their home or knows someone who has encountered bed bugs at home or in …
June 13, 2011
Janus Capital Group Inc. and a subsidiary cannot be held liable in a lawsuit by shareholders over allegedly false statements in prospectuses for several Janus mutual funds, the U.S. Supreme Court ruled Monday. By a 5-4 vote in a narrow …