March 18, 2013
A teenage boy and his mother have sued a Portland hospital, alleging the boy was burned after a technician left metal discs on his body during a magnetic resonance imaging exam. The Oregonian reported that Aaron Lee and his mother, …
March 18, 2013
More than 10,000 people could die when – not if – a monster earthquake and tsunami occur just off the Pacific Northwest coast, researchers told Oregon legislators . Coastal towns would be inundated. Schools, buildings and bridges would collapse, and …
March 18, 2013
Federal regulators and safety officials should consider requiring more backup air supplies and work to develop better breathing devices that would help the nation’s coal miners escape underground emergencies, a panel of experts said in a new report. The report …
March 18, 2013
The Mississippi Supreme Court has reinstated the appeal of a lawsuit against a former federal prosecutor and a political blogger over a book they co-wrote about the judicial corruption case involving former attorney Richard “Dickie” Scruggs. In 2011, FBI agent …
March 18, 2013
Lingering guilt may have been what moved someone who filed an insurance claim 40 years ago to come clean with a Gastonia, North Carolina insurance agency. The Gaston Gazette reported that whoever took a $280 claim check in 1973 felt …
March 18, 2013
The ACE Group announced appointments in the company’s high-net-worth personal insurance business. Robert Courtemanche has been appointed as chairman of ACE Private Risk Services, and Mary Boyd as division president of ACE Private Risk Services. Courtemanche joined ACE in 2008 …
March 18, 2013
Property/casualty insurers’ operating profits improved in 2012, driven by reduced incurred losses from natural catastrophes and core loss ratio improvements from recent underwriting and pricing actions. Fitch Ratings’ compilation of full-year GAAP 2012 financial results for a group of 48 …
March 18, 2013
A U.S. federal appeals court on Friday threw out a class action lawsuit against JPMorgan Chase & Co., making it easier for companies that clear trades to avoid being accountable to investors who are defrauded by their brokerages. The 2nd …
March 18, 2013
BP launched its promised appeal against “fictitious” and “absurd” oil spill compensation payouts on Friday and asked a judge to temporarily halt those made on a so-called business economic loss basis. In a New Orleans court filing, BP gave examples …
March 18, 2013
The Navigators Group, a specialty insurance holding company, confirmed on March 15 that it plans to move its corporate headquarters from Rye Brook, N.Y., to Stamford, Conn., promising to add 200 jobs in Connecticut within the next five years. The …