A lawsuit over the payout of a $17.5 million policy related to Michael Jackson’s planned comeback concerts has been settled, attorneys told a judge on Wednesday. Lawyers for Certain Underwriters at Lloyd’s of London and for Jackson’s estate announced the …
A Roman Catholic diocese in Central California filed for bankruptcy protection on Wednesday after paying out millions of dollars to plaintiffs who made sexual abuse allegations during the past two decades. The Diocese of Stockton, which filed for Chapter 11 …
An insurance company has reached a confidential settlement agreement with the company that owns The Hitching Post Inn, the landmark Cheyenne, Wyo. hotel that lost its main lodge in an arson fire a few years ago. U.S. District Judge Nancy …
USI Insurance Services announced the closing of the acquisition of Oscar & Associates, an employee benefit wholesale broker in West Caldwell, N.J. Terms of the transaction were not disclosed. Oscar & Associates will be combined with Emerson Reid LLC, USI’s …
Allied World Assurance Company Holdings, AG has appointed Lou Iglesias as president for Allied World North America. Iglesias is currently president, U.S. Property & Casualty. He succeeds Gordon Knight who is retiring at the end of the month and who …
A company that plans to make a three-wheeled vehicle is seeking a change in Mississippi’s helmet law. Elio Motors wants Mississippi to specify that a helmet won’t be required in its “autocycle,” an enclosed motorcycle with two wheels in front …
The West Virginia Supreme Court has ruled that the city of Bridgeport has the authority to charge a fee for fire protection services outside its boundaries. In a ruling released Wednesday, the justices said state law doesn’t limit municipalities to …
A year after agreeing to a multi-billion dollar settlement with victims of the 2010 Gulf oil spill, BP is aggressively challenging terms of the deal in a legal strategy that could backfire with the judge who will rule on the …
Cold weather overnight did not harm oranges and other fruit across Florida’s citrus-growing regions, the state’s leading growers association said on Friday. “Came through in good shape. No reports of damage currently. Had some high 20s, low 30s. Not cold …
Commuter rail accidents including a New York derailment last month that killed four prompted a U.S. investigative agency to name improving transit safety as its top priority for 2014. The National Transportation Safety Board, releasing its annual list of most-wanted …
