Ohio employers are collectively owed $860 million after being overcharged for nearly a decade by the state insurance fund for injured workers, a Cleveland judge has ruled. Cuyahoga County Common Pleas Judge Richard McMonagle’s decision involving the Ohio Bureau of …
The Alaska Division of Insurance is offering a free app that officials say can help drivers involved in car accidents. Officials say the WreckCheck app was developed by the National Association of Insurance Commissioners. According to officials, driver can use …
An Ohio attorney known as the godfather of the modern class-action lawsuit was disbarred Thursday by the Kentucky Supreme Court, which cited Stanley Chesley’s actions in a $200 million settlement involving the makers of a diet drug. The high court …
A decision by the Fifth Circuit Court of Appeals that Mississippi’s $1 million cap on non-economic damages arising from civil litigation does not violate the state constitution’s separation of powers clause does not necessarily mean state courts have to abide …
The U.S. Supreme Court will hear arguments on Monday over whether big drug companies can settle patent litigation with generic rivals by making deals to keep cheaper products off the market. U.S. and state regulators say the practice costs consumers, …
The cost of Superstom Sandy to the global marine market has been put at between $2.5 billion and $3 billion — which effectively wipes out the entire U.S. marine premiums for 2012, according to the annual spring statistics issued by …
A.M. Best Europe – Rating Services Ltd. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” to Zavarovalnica Triglav d.d. (Triglav), the operating holding company of the Triglav group, and Pozavarovalnica Triglav Re d.d. …
Zurich Insurance Group announced the appointment of James Quin, (44, British citizen), to the position of Head of Investor Relations and Rating Agency Management, effective July 1, 2013, with a transition period starting June 3. He succeeds Debra Broek, who …
Leaders of the world’s major emerging economies are likely to endorse plans at a summit next week to create a joint foreign exchange reserves pool and an infrastructure bank, senior emerging market officials said on Thursday. Leaders from Brazil, Russia, …
Cyprus’ finance minister left Moscow empty-handed on Friday after Russia turned down appeals for aid, leaving the island to strike a bailout deal with the European Union before Tuesday or face the collapse of its financial system. The rebuff left …
