March 22, 2012
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 …
March 22, 2012
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 …
March 22, 2012
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 …
March 22, 2012
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 …
March 22, 2012
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 …
March 22, 2012
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 …
March 22, 2012
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 …
March 22, 2012
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 …
March 22, 2012
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 …
March 22, 2012
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 …