Yearly Archives: <span>2013</span>

West Virginia High Court Upholds Monsanto $93M Settlement

The state Supreme Court has upheld a judge’s approval of Monsanto Co.’s massive settlement with thousands of West Virginia residents. In a 4-1 decision last Friday, the court affirmed a January ruling approving the class-action settlement of a lawsuit alleging …

China Pushes Child Safety Seats to Cut Road Deaths

China lost almost three times as many children in car accidents as the U.S. last year, even though it has fewer than half the number of vehicles. The government increased penalties this year for failing to fasten seat belts or …

Seat Belts to Be Required on Tour, Intercity Buses Starting in 2016

New tour buses and buses that provide service between cities must be equipped with seat belts starting in late 2016 under a federal rule issued Wednesday, a safety measure sought by accident investigators for nearly a half century. Beginning in …

Iran Nuclear Deal Easing Up on Shipping Insurance Could Help Oil Sales

Iran’s nuclear deal with the West is not intended to let more of its oil into the market, the White House said, but an easing of the ban on European shipping insurance may help smooth crude exports to its big …

Google’s Schmidt: Insurance About to ‘Explode’ With Uses for Big Data

Google Inc. Executive Chairman Eric Schmidt said new technologies that help companies analyze vast amounts of digital information have the power to bring change to the insurance, health-care and energy industries. “Insurance is the most obvious” industry “about to explode” …

Progressive Insurance Chairman, Former CEO, Philanthropist Lewis Dies

Progressive Corp. Chairman Peter B. Lewis, the billionaire who turned a company founded by his father into one of the largest U.S. auto insurers, has died. He was 80. Lewis died Saturday at his home in Coconut Grove, Florida, after …

Delaware Refinery Owners Win Insurance Lawsuit

A Delaware judge has ruled for owners of the Delaware City oil refinery in lawsuit over insurance coverage involving the deaths of two workers who suffocated inside a tank. The judge granted summary judgment this week to Premcor Refinery Group, …

Former New Jersey Doctor Sentenced for $19M Billing Fraud

The patients, most of whom were on Medicaid and Medicare, came into the medical offices of Jose Katz for checkups and consultations. The vast majority would leave with false diagnoses of coronary artery disease and debilitating angina and orders to …

Lawyer Drops Appeal in N.J. Text Sender Liability Case

The lawyer for a Florida couple has dropped an appeal of a New Jersey texting while driving ruling. Attorney Stephen Weinstein represents a couple who each lost a leg in 2009 when their motorcycle was struck in New Jersey by …

Arkansas Oil Spill Damages Exceed $70M, Exxon says

ExxonMobil estimates that the March oil spill in an Arkansas subdivision has caused more than $70.5 million in damages for the company, according to documents recently filed with the federal government. The figures were reported in an updated accident report …