March 8, 2012
West Virginia will update its mine safety laws in the wake of the worst U.S. coal mining disaster in four decades. The House of Delegates sent the measure to Gov. Earl Ray Tomblin. Delegates approved several changes made by the …
March 8, 2012
USI Insurance Services (USI), headquartered in Briarcliff Manor, N.Y., has acquired the Euclid Insurance retail property/casualty and employee benefits division (Euclid Retail Business) from Euclid Insurance Services Inc. The Euclid Retail Business, based in Itasca, Ill., is expected to contribute …
March 8, 2012
Minnesota Gov. Mark Dayton has vetoed a bill that would have expanded the cases in which people could use deadly force, siding with objections from law enforcement who said it could legalize murder in some cases. In his veto letter, …
March 7, 2012
Georgia’s state insurance commissioner said the estimate to repair damage from Friday’s storms has hit $40 million in insured losses. Commissioner Ralph Hudgens said in a statement Tuesday the figure is preliminary. He said it takes weeks to fully assess …
March 7, 2012
The Los Angeles Dodgers and the family of a baseball fan who was badly beaten at a game last year were encouraged by a bankruptcy judge to discuss a settlement of a negligence lawsuit. The family of Bryan Stow wanted …
March 7, 2012
The practice of banks forcing expensive homeowners insurance on borrowers could come to an end after Fannie Mae told lenders it would seek to oversee such policies itself. For many homeowners who are required to buy insurance as a condition …
March 7, 2012
The U.S. Treasury Department said on Wednesday it will sell $6 billion worth of American International Group stock and struck another deal for the insurer to pay down $8.5 billion more in obligations, taking a major step forward in an …
March 7, 2012
Bank of America NA prevented homeowners from receiving mortgage-loan modifications under a federal program in order to avoid millions of dollars in losses while benefiting from financial incentives for participating in the program, according to a complaint unsealed in federal …
March 7, 2012
Attorney Christopher Asvar believes he has secured the highest known workers’ compensation insurance settlement in California history, totaling $8.9 million on behalf of a Antonio Enriquez, who suffered a traumatic brain injury in 2004 at the age of 18 after …
March 7, 2012
Mortgage foreclosure prevention specialists from New York State Department of Financial Services will visit a New York City neighborhood that has been hard-hit by a spate of home foreclosures. The prevention specialists and the department’s Mobile Command Center, a 36-foot …