June 18, 2012
Thousands of victims of BP’s 2010 Gulf oil spill will participate in a new process for economic-loss and medical claims associated with the accident. The Deepwater Horizon Claims Center, run by court-appointed administrator Patrick Juneau, is opening 18 intake centers …
June 18, 2012
Saving Face “Our expectation is that every firm will receive some measure of cash and that every firm will receive their full accommodation by year end if current trading patterns persist.” —Nasdaq’s Eric Noll explaining his firm’s $40 million offer …
June 18, 2012
Bringing Market Seekers and Market Providers Together Find markets in our database Promote your markets on our site Join our community forums Membership is free! www.MyNewMarkets.com Equine Insurance Market Detail: Momentous Insurance Brokerage Inc.’s equine division provides insurance products for …
June 18, 2012
Workers’ compensation medical costs in California were boosted by nearly $67.5 million in 2010 due to loophole in the law that allows double billing for surgical implants, according to a study released earlier this month by the California Workers’ Compensation …
June 18, 2012
The surviving victim of a 2009 Arivaca, Ariz., home invasion that left a young girl and her father dead says the FBI should have prevented their deaths. The Arizona Daily Star reported that Gina Gonzalez claims in a lawsuit filed …
June 18, 2012
Coverage Issues from Fracking Claims Every few years there are predictions of a new type of claim that threatens to engulf carriers. In the 1980s and 1990s it was environmental clean up claims and SuperFund, followed shortly by asbestos, the …
June 18, 2012
The Michigan Supreme Court says an insurance company doesn’t have to pay benefits in a hit-and-run case because the incident wasn’t reported within 30 days. The court’s conservative majority overturned a decision by the state appeals court on May 30 …
June 18, 2012
Delaware’s captive insurance risk management certificate program graduated its first class of 25 participants on June 6. This new program was jointly created by Delaware’s insurance department and University of Delaware. Classes were designed to help educate financial and insurance …
June 18, 2012
North Carolina drivers that own newer cars will still have to undergo an annual vehicle inspection after state lawmakers scuttled a proposal to exempt them from the requirement. The Joint Transportation Oversight Committee by a 7 to 5 vote agreed …
June 18, 2012
Winter Park, Fla.-based insurance broker Kuykendall Gardner recently hired Brendan Loflin as vice president. In this role, he will be responsible for insurance and bond sales, new business development, client relations and client maintenance. Prior to joining Kuykendall Gardner, Loflin …