December 28, 2012
Nearly two dozen years after Monroe Gunter retired from a long career at a Missouri power company, he was diagnosed with a rare form of cancer often caused by exposure to asbestos. Gunter sued his former employer, claiming its negligence …
December 28, 2012
New Orleans pie maker Simon Hubig Company Inc., whose Louisiana plant was destroyed in a blaze six months ago, has sued the Kenner company that created and maintained its fire suppression system. The Times-Picayune reported the lawsuit, filed in New …
December 28, 2012
An insurance company that covers churches and their activities is planning a $15 million expansion of its Fort Wayne, Ind. headquarters. Brotherhood Mutual Insurance Co. announced Thursday it would build a nearly 55,000 square-foot building on its current campus to …
December 28, 2012
A Christmas Day blizzard that dumped more than 15 inches of Arkansas on the state, causing massive damage to power lines have affected more than 200,000 customers, has left more than 135,000 residents still without power. Word from the state’s …
December 28, 2012
Arthur J. Gallagher & Co. acquired Heiser Insurance Agency Inc. in Morton, Ill. Terms of the deal were not disclosed. Heiser Insurance Agency is a retail insurance broker providing retail property/casualty, employee benefits and risk management insurance services for commercial …
December 28, 2012
Authorities said a New York-based insurance agency owner has been charged with allegedly issuing fraudulent certificates of insurance. The New York State Police announced on Dec. 22 that Walter Davis, the owner of W. Davis Insurance in Saint Johnsville, N.Y., …
December 28, 2012
Drinking and driving is a much-publicized, dangerous combination, but is walking after drinking any safer? “No, alcohol impairs your physical ability, period,” says trauma surgeon Dr. Thomas Esposito at Loyola University Health System in Maywood, Ill. “Every movement ranging from …
December 28, 2012
Toyota Motor Corp. eliminated a huge obstacle with a U.S. settlement over unintended acceleration in its cars and trucks, leaving it to fight smaller cases that will be harder for plaintiffs to prove and less likely to damage the company’s …
December 28, 2012
Before Hurricane Sandy hit, private U.S. property/casualty insurers’ net income after taxes grew to $27 billion in nine-months 2012 from $8.4 billion in nine-months 2011. Insurers’ overall profitability as measured by their annualized rate of return on average policyholders’ surplus …
December 28, 2012
A divided auto insurance industry will try again next year to change a unique regulatory system in North Carolina, which enjoys some of the lowest rates in the country. The industry will use the argument that average costs are low …