Monthly Archives: <span>July 2011</span>

More Funds Sought for California Train Crash Victims

Members of California’s congressional delegation are calling on a company to set aside substantially more money to compensate victims of a 2008 commuter train crash in Los Angeles County. The 17 lawmakers argue that medical bills, lost income and other …

Shareholders Sue Murdoch’s News Corp.

A group of News Corp. shareholders have sued the media conglomerate over a phone-hacking scandal at its now-closed News of the World tabloid in London. The lawsuit accuses News Corp. of large-scale governance failures surrounding the British hacking case. News …

Samsung Says Study Finds Workplace Isn’t Cause of Employees’ Cancer

A study commissioned by Samsung Electronics rejected assertions that employees may have been exposed to carcinogenic chemicals at its plants, as several cancer-stricken former employees of the world’s top memory chipmaker seek compensation for their illnesses. Despite the findings, the …

Hartford Hit with Q2 Catastrophe, Asbestos Losses

Hartford Financial Services Group Wednesday warned it will badly miss second-quarter expectations after severe losses on natural disasters and a charge to increase its asbestos reserves. Hartford, one of three insurers to receive a government bailout during the financial crisis, …

Calif. Assembly Passes Bill Requiring Helmets on Slopes

Skiers and snowboarders younger than 18 would have to wear a helmet on the slopes under a bill that has passed in the California Assembly. The bill was approved on a 49-23, party-line vote. Several Republican lawmakers called the legislation …

Calif. Workers’ Comp Loss and Expense Payments Increase Nearly 3%

California workers’ compensation insurer’s loss and expense payments totaled more than $11 billion in calendar year 2010, according to the California Workers’ Compensation Institute, which issued a report based on estimates released last month in the Workers’ Compensation Insurance Rating …

Florida Woman Sues Bank for Declaring She Was Dead

A Florida woman says she’s having numerous financial troubles because of a bank error that caused Chase Bank USA to declare her dead last November. Wrenella Pierre has filed a lawsuit and Chase officials said Monday they’re investigating how the …

Wash. Workers’ Comp Prescription Drug Costs Among the Lowest

The high cost for prescription drugs for injured workers in some states is a major issue for policymakers, but not in Washington state, where costs were among the lowest compared to 17 other states, according to a new study by …

Henderson Joins AmWINS in Florida

Wholesale broker AmWINS Group Inc. said that Brian Henderson has joined the company as executive vice president. Henderson joins AmWINS from Peachtree Special Risk Brokers, a division of Brown and Brown Insurance, where he was a senior vice president and …

B&B Premier Insurance Adds Thayer as Broker-Agent

B&B Premier Insurance Solutions of Agoura Hills, Calif., has added Maria G. Thayer as an insurance broker/agent, to the B&B Premier Insurance Solutions team. Thayer has worked in marketing and sales for more thann10 years. Since its founding in 1988, …