Toyota Motor Corp. has won the tentative dismissal of some claims in the class-action lawsuit brought by owners of its vehicles over problems with sudden acceleration. In what would be a victory for Toyota if the ruling becomes definitive, U.S. …
A New Jersey board of education says it wasn’t its decision to enter a $4.2 million legal settlement with a former student who said he wasn’t adequately protected from a bully. The Ramsey Board of Education released a statement Wednesday …
Brown & Brown of Pennsylvania Inc., a subsidiary of Brown & Brown Inc., said it acquired assets of Moten Associates, an independent agency in Norristown, Penn. Founded in 1970, Moten Associates offers surety bonds, as well as a wide variety …
American International Group Inc. said Thursday it revised up net income from 2010 and 2011 by a combined $5.096 billion after adopting an updated industry accounting standard from the Financial Accounting Standards Board. The revised standard is called Accounting Standards …
The Strategic Insurance Agency Alliance (SIAA) announced it signed four new agency members in South Central states during March. SIAA members created more than $780 million in new premium growth in 2011 — their third straight year over $750 million. …
Most Northwest residents are concerned about the threat of identity theft, but a majority rely on their own vigilance to protect themselves from fraudulent activity against their personal information, a new poll shows. Data from a poll sponsored by Seattle, …
QBE is expanding its offering of employment practices liability insurance (EPLI) for small- and medium-sized businesses that want easy and affordable protection. Among QBE’s enhanced EPLI offerings is access to an online loss prevention, training and human resources tool center, …
Louisiana’s property insurer of last resort has asked the nation’s highest court to hear an appeal of a $104.6 million award to 18,500 policyholders who sued over slow adjustment of hurricane claims in 2005. The action by Louisiana Citizens Property …
More than 550 former employees of US Fidelis in Wentzville, Mo., will share a nearly $1.5 million settlement reached in bankruptcy court. The St. Louis Post-Dispatch reports that the April 18 deal settles allegations that the workers weren’t properly warned …
Oklahoma companies would be allowed to opt out of the state’s traditional workers’ compensation system and instead self-insure or have alternative coverage under new guidelines outlined in a bill approved on April 18 in the state Senate. Groups representing big …
