Are large California retailers required to have a device on hand to treat customers who fall victim to sudden cardiac arrest? The California Supreme Court is taking up that question during oral arguments. At issue is a Southern California family’s …
Arizona Gov. Jan Brewer has vetoed a bill that would have allowed insurance companies to drop drivers from their coverage if their car was driven mostly out of the state. The bill would have affected college students and snow birds …
Workers’ compensation insurer The MEMIC Group has appointed Tod Austin as a vice president of underwriting. Austin will work out of MEMIC’s Tampa, Florida, office and will oversee production underwriting staff in MEMIC’s marketing territories in the South and Mid-Atlantic …
A Maryland woman whose son drowned last year along an obstacle course in West Virginia’s Eastern Panhandle has filed a wrongful death lawsuit against the organizers of Tough Mudder’s Mid-Atlantic event. The lawsuit filed by Mita Sengupta against Tough Mudder …
Swiss Re and Hannover Re, the world’s no. 2 and 3 reinsurers, said they saw lower prices in natural disaster reinsurance and April renewals, as they beat profit expectations in the first quarter. Fewer serious natural disasters, as well as …
Gov. Phil Bryant may call the Mississippi Legislature into special session to help pay state government’s share of tornado recovery costs. Speaking in Louisville, Bryant told reporters that the state believes that it needs at least $8.5 million to match …
Officials said the late March freeze that killed roughly 30 percent of this year’s South Carolina peach crop will cause statewide losses of at least $27 million. During a stop at the headquarters of the J.W. Yonce & Sons peach-growing …
The average cost of a corporate data breach increased 15 percent in the last year to $3.5 million, according to a study. The study by the Ponemon Institute out of Michigan also found that the cost incurred for each lost …
American Airlines, United Airlines and the World Trade Center leaseholder do not have to pay a property developer environmental cleanup costs from the Sept. 11, 2001 hijacked plane attacks, a U.S. appeals court ruled on Friday. The 2nd U.S Circuit …
A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Endurance Specialty Insurance Ltd. and its affiliates, as well as the ICR of “bbb” and debt ratings of their …
