Monthly Archives: <span>May 2014</span>

Louisiana Lawmakers at Odds on Gender Pay Gap

Democrats in Louisiana want to make unintentional pay discrimination based on gender illegal for private businesses, a move they believe will help bridge the wage gap. Republicans think the move is unnecessary and will only expose businesses to more lawsuits. …

Nebraska Supreme Court: Farmers not Negligent in Fatal Crash

A lower court was right to find that farming brothers were not negligent in a 2007 fatal crash where tall corn created a blind intersection, the Nebraska Supreme Court ruled on May 2. The crash occurred on Oct. 6, 2007, …

Deadly Wildfire Spreads in Oklahoma, 1,000 Evacuate

Firefighters facing another hot and windy forecast worked on May 5 to battle a large wildfire in central Oklahoma that destroyed at least six homes and left one person dead after a controlled burn spread out of control. The wildfire …

Glatfelter Program Managers Names Healthcare Practice Leader in Penn.

Glatfelter Program Managers, a business unit for York, Penn.-based Glatfelter Insurance Group’s program business, has appointed Shawn Yingling as president of Glatfelter Healthcare Practice.Yingling is currently president of Glatfelter Religious Practice and will maintain this role.

Maryland Warns of Potential Insurance Coverage Gaps for Ridesharing Services

Maryland’s top insurance regulator recently issued a notice alerting consumers about potential coverage gaps affecting drivers for ridesharing services. The Maryland Insurance Administration said technology based ride-sharing ventures, such as Lyft and UberX, continue to grow in popularity. These ventures …

Windsor Joins Aspen US Energy and Construction Team

Gary Windsor has joined Aspen US Insurance as senior vice president of Energy and Construction. Reporting to Tony Carroll, executive vice president, Marine, Energy, and Construction, Windsor will be based in Miami and be responsible for Aspen US Insurance’s on-shore …

Allied World Bermuda Launches the Thirty2°/Sixty4 Suite

Allied World Assurance Company Holdings, AG announced the launch of a Bermuda’s “Thirty2°/Sixty4°” suite that addresses a wide range of liability exposures currently facing corporations and their executives and employees. The suite offers five primary coverage components: Directors & Officers …

AIG Profit Falls 27% in Q1; Hurt by Catastrophes, Severe Losses

Global insurer American International Group Inc. (AIG) reported net income of $1.6 billion for the first quarter, a 27 percent drop compared to $2.2 billion for the first quarter of 2013. After-tax operating income was $1.8 billion for the first …

Commercial Auto Insurers Still Struggle to Profit: Fitch

Commercial automobile insurers reported a third consecutive year of underwriting losses in 2013. According to an analysis by Fitch Ratings, the combined ratio came in at 106 for 2013 compared with 107 for 2012. In a special report, “Commercial Auto …

Jury Affirms Samsung Must Pay Apple $119M in Damages for Patent Infringement

A U.S. jury on Monday left the total damages Samsung Electronics Co. Ltd. must pay Apple Inc. unchanged at $119.6 million, after additional deliberations in a trial where the South Korean smartphone maker was found to have infringed three Apple …