A 76-year-old Havre, Mont. man has been ordered to pay nearly $84,000 in restitution in a workers’ compensation fraud case. The U.S. Attorney’s Office says U.S. District Judge Dana Christensen also sentenced William Szudera to four years on probation on …
The Federation of European Risk Management Associations (FERMA) released a bulletin detailing the organization’s position on how captives and “niche insurers” could be adversely affected by Solvency II. The organization’s President, Jorge Luzzi, said: “The continuing delays to the adoption …
If Congress fails to agree by midnight tonight on a resolution to continue funding the federal government, the property/casualty insurance industry should not be seriously affected by the resulting shutdown. The insurance industry is not totally immune to the economic …
The bi-annual Risk Management Forum of the Federation of European Risk Management Associations (FERMA) kicked off with a reception on Sunday night for the 1400 plus delegates at the MECC Conference Center in the Dutch city of Maastricht. FERMA got …
Residents of a small town in the middle of the North Dakota oil patch say they’re sick of semitrailers barreling past their homes and want the state to do something about it. Arlene Isaak, 87, and other residents in Arnegard, …
A Congresswomen whose name adorns the now-controversial federal flood insurance reform bill passed in 2012 says she wants the law changed to deal with “unintended consequences” including big premium hikes for some homeowners. Rep. Maxine Waters, (D.-Calif.), co-author along with …
Hundreds of New Jersey flood insurance policyholders will soon be facing higher premiums spurred by sweeping changes to the federal law that will take effect Tuesday. The increases stem from legislation passed in June 2012 that requires all flood insurance …
In an age of social media, simply looking at what has happened in the past no longer works to forecast what political events lie ahead in emerging markets, insurance and risk management firm Marsh advises. The speed at which political …
West Virginia Supreme Court Justice Robin Davis criticized her colleagues in a dissenting opinion Friday for refusing to let institutional shareholders revive a lawsuit filed against the former Massey Energy two weeks after the Upper Big Branch mine disaster. Earlier …
The U.S. Federal Trade Commission on Friday took another step toward a comprehensive study of “patent trolls” – companies in the business of buying and asserting patents – to see if they are hurting competition with abusive litigation. FTC commissioners …
