California State Compensation Insurance Fund is pursuing legislation to allow it to offer coverage to California employers who have out of state employees. Currently, California-based businesses insured with State fund must obtain a separate workers’ compensation policy to cover employees …
The severe thunderstorms that struck the United States from May 20 to the 27 will result in insured losses to residential, commercial, and industrial properties and their contents, and to automobiles of between $4 billion and $7 billion, according to …
Halliburton Co. suffered a legal setback Monday when the U.S. Supreme Court refused to make it harder for shareholders to proceed with some class-action securities-fraud lawsuits against publicly traded companies. The justices unanimously ruled that a U.S. appeals court erred …
Double-dip recession or not, people will still pay any price to have lunch with Warren Buffett. The annual charity auction for lunch with the legendary 80-year-old investor began Sunday night, and by Monday morning bids already topped $1.5 million. The …
Paul Sipos has joined wholesaler All Risks, Ltd. in its expanded Orlando, Florida office as a casualty broker. Prior to joining All Risks, Sipos produced and managed general liability, professional liability and environmental brokerage accounts with MacDuff Underwriters Inc. in …
The Insurance Institute for Business & Home Safety announced a change of leadership with the elevation of Carl Hedde, senior vice president of Munich Reinsurance America Inc., from vice chairman to IBHS chairman. In addition, Mark Pizzi, president and chief …
A dispute between a divorced couple over the death of their daughter has created sharp differences at the Michigan Supreme Court about legal immunity for parents. The justices last week tied on whether to take an appeal in a lawsuit …
Punitive damage payouts for lawsuits will be limited for the first time in South Carolina under a bill the Legislature agreed last week to send to Gov. Nikki Haley. The House voted 99-16 to approve capping punitive damage awards in …
A lack of precision has killed a lawsuit over a bad sidewalk and a broken arm. The Michigan Supreme Court last week overturned the state appeals court and dismissed a lawsuit against the city of Hamtramck. Justices said 60-year-old Kimeta …
A South Carolina bill banning cash payments for copper appears one vote away from Gov. Nikki Haley’s desk. The House voted last Thursday to end cash sales for copper, and to require both seller and recycler to obtain permits from …
