The Kentucky Supreme Court heard arguments Thursday from a group of Amish men who have refused to use a reflective traffic sign on their horse-drawn buggies because it goes against their religion. The Amish men say their faith forbids them …
Lexington Insurance Co. has introduced a first-party coverage for conservation and mitigation banks, organizations designed to provide natural resources values. The product, called LexEcoBank, is a standalone coverage that protects against named perils for owners and operators of these organizations. …
Florida lawmakers have put taxpayers at risk by not reforming the Florida Hurricane Catastrophe Fund or Citizen’s Property Insurance Corp. in advance of the 2012 hurricane season, an insurance executive has warned. Bradley Kading, president and executive director of the …
Company Directors must wake up to cyber threats or they risk litigation from all sides, warned Francis Kean of Willis Group Holdings. Speaking at a Willis-hosted cyber liability conference in London this week, the Executive Director of Willis’ FINEX Global …
EU foreign ministers are expected to discuss how the bloc’s Iran oil embargo will impact shipping insurance when they hold a scheduled meeting next week, an industry source said on Friday. The ministers are due to meet in Brussels next …
Thailand’s Thanachart Bank Pcl, backed by Canada’s Bank of Nova Scotia, is preparing to sell its insurance operations in a deal could fetch about $500 million, sources familiar with the matter said on Friday. The sale would likely include a …
Ohio’s high court has held that home builders have a duty imposed by law to construct a home “in a workmanlike manner using ordinary care,” despite the wording of any warranty document. The Supreme Court of Ohio held unanimously that …
An insurance agent in Oklahoma has been charged with embezzlement, authorities say. Oklahoma Insurance Commissioner John D. Doak and Comanche County District Attorney Fred Smith say an investigation of Amanda Sue Wilson of Lawton has resulted in a signed confession …
On average, 23 cars are stolen — or almost one car per hour — every day in Minnesota, state officials say. Nearly 8,400 vehicles were stolen in Minnesota in 2010 alone, totaling more than $21.3 million in stolen value, the …
The Federal Emergency Management Agency has given Illinois more time to recalculate the tornado damage to southern parts of the state to bolster its push to reverse the denial of aid, Sen. Dick Durbin said. FEMA administrator Craig Fugate made …
