Monthly Archives: <span>March 2012</span>

Penn State to Cover Subpoenaed Employees’ Expenses

Penn State says it will reimburse the legal expenses of employees who received subpoenas from state attorneys prosecuting the child sex abuse case against former assistant football coach Jerry Sandusky. The university suggested Tuesday that those who received subpoenas retain …

N.Y.-based Guy Carpenter CEO Moczarski to Take On Additional Role

Marsh & McLennan Companies Inc. said Alexander Moczarski, CEO of Guy Carpenter, has assumed the additional role of chairman at Marsh & McLennan Companies International. Moczarski will continue to be based in New York. Moczarski’s new responsibilities include oversight of …

Idaho House Lawmakers Pass Texting-While-Driving Ban

After several tries and frustrating setbacks, Idaho is set to join the majority of states that have toughened laws against sending text messages while driving. House lawmakers voted 53-17 Tuesday to bar motorists from using smartphones and other hand-held devices …

Family of Los Angeles Gang Member Awarded $3M In Lawsuit

The family of a gang member who died in Los Angeles police custody in 2007 has been awarded more than $3 million in a wrongful death lawsuit. The Los Angeles Times reported the civil jury’s award for damages in the …

Jury Awards Northern California Woman $22M in Medical Suit

A jury has awarded a Menlo Park woman $22 million in damages in her medical malpractice lawsuit against the Palo Alto Medical Foundation. Forty-eight-year-old Robyn Frankel was paralyzed from her neck down after undergoing a procedure several years ago to …

Paulson Says Hartford’s Plan Is Just ‘A First Step’

John Paulson, a billionaire hedge fund manager and the largest shareholder of The Hartford Financial Services Group, says the company’s plan to exit most of its life insurance businesses is a good start — but just a first step. Paulson …

Washington Lawmakers Vow To Push Abortion Insurance Bill

Democratic lawmakers said Tuesday that they will try to pass a bill during the current special session requiring insurers who cover maternity care – which Washington insurers are mandated to provide – to also pay for abortions. The measure passed …

Florida Tax-Credit Plan to Shore Up Cat Fund Raises Questions

A Florida plan to sell insurers and financial institutions state premium tax credits to help fund the state’s homeowners’ reinsurance facility is raising concerns among some officials. The Florida Insurance Tax Pre-Payment Program was a late addition to the state’s …

Measure Limiting Asbestos Liability Clears Idaho Senate

Bottle-cap maker Crown Holdings might want to pop the top off a celebratory bottle, after a bill to limit its asbestos liability in Idaho cleared the Senate and headed to Gov. C.L. “Butch” Otter for signature. The measure cleared the …

Willis North America Adds to Personal Lines in Northern California

Willis North America, a unit of Willis Group Holdings, named Max Gilman regional operations officer in Willis Personal Lines Practice in San Francisco, Calif. Willis provides employee benefit and risk management solutions across a range of industries. The Willis Personal …