September 21, 2012
The State of Oklahoma has joined a lawsuit challenging the constitutionality of Dodd-Frank, a financial overhaul designed to “fix” the financial crisis, the state’s attorney general announced. The lawsuit was originally filed by National Bank of Big Spring (Texas) in …
September 21, 2012
A portion of Interstate 35 that traverses Fort Worth is the most congested roadway in Texas, according to the state Department of Transportation. Topping TxDOTs’ list of the state’s most congested roadways is a section of I-35W in Ft. Worth …
September 21, 2012
A judge sentenced former Hackensack Police Chief Ken Zisa to five years in prison on Thursday. Zisa will remain free on bail while he appeals his conviction for improperly removing his then-girlfriend from the scene of an accident in 2008 …
September 21, 2012
Private insurers expect to pay more than $24.3 million in claims in Mississippi as a result of Hurricane Isaac, Insurance Commissioner Mike Chaney said. Chaney said that as of Sept. 19, Mississippi’s 21 largest insurers had received 9,400 claims and …
September 21, 2012
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of ‘”aa” of Factory Mutual Insurance Company and its subsidiaries, Appalachian Insurance Company and Affiliated FM Insurance Company. In a separate announcement …
September 21, 2012
State insurance officials say a Montana legal services charity will receive $1.2 million from a law firm that represented plaintiffs in a class-action lawsuit over insurance fees. Montana Securities and Insurance Commissioner Monica Lindeen is scheduled to announce final resolution …
September 21, 2012
A suburban Denver man who was diagnosed with “popcorn lung,” possibly from inhaling the artificial butter smell of the microwave popcorn he regularly ate, has won a $7.2 million verdict against various food companies. Wayne Watson’s attorney, Ken McClain, said …
September 21, 2012
Argo Group International Holdings Ltd. has promoted Josh Betz to president of Argo Surety, Argo Group’s Houston, Texas-based U.S. surety operation. He reports to Chief Financial Officer Jay Bullock. Betz previously held the position of senior vice president and chief …
September 21, 2012
Penn State plans to bring in the man who ran the Sept. 11 victim fund and other major compensation programs to help it settle claims by Jerry Sandusky’s child molestation victims, a plaintiffs’ lawyer said Thursday. St. Paul, Minn., attorney …
September 21, 2012
An employee fatally stabbed a co-worker Thursday at a Chrysler factory in Detroit and then fled to a city park where he killed himself, police said. The stabbing was reported around 8 a.m. at a Chrysler plant that makes the …