Well, that was fast. Hall of Fame quarterback Dan Marino will withdraw his name from a concussion lawsuit against the NFL less than a day after his inclusion was reported by the Los Angeles Times. On Monday night, the Times …
Atlanta-based insurance broker Beecher Carlson Insurance Service has named Olga Collins as International Practice Leader. Collins will be responsible for managing the international needs of clients and expanding international relationships. She will report to Scott Davis, president of Casualty and …
Lockton announced that it has acquired the specialist motorsport insurance broker, MIS Motorsport, based in the UK in Guiseley, near Leeds. Lockton and MIS Motorsport completed the transaction on June 1st, 2014 after receiving regulatory approval. The combined Lockton MIS …
Environmental groups said executives of coal, oil, gas and other “fossil fuel” companies could be held liable and risk lawsuits if they support groups that deny climate change and resist policies to fight it. In the current legal environment, however, …
The U.S. Senate Banking Committee approved a legislation that would extend for seven years the government’s financial backstop of terrorism insurance. The panel approved by a 22-0 vote a bipartisan bill that would raise commercial insurers’ co-payment to 20 percent …
U.S. regulators would gain flexibility in how they apply capital standards to insurance companies under a bill approved today by the Senate. The bill, approved by a voice vote, would ease a Dodd-Frank Act provision that imposes bank-like capital standards …
An independent used-car dealer in Arkansas is seeking compensation from General Motors Co. for being saddled with “highly dangerous vehicles” that include cars not yet recalled over ignition-switch defects. Nettleton Auto Sales Inc. demanded actual and punitive damages on behalf …
The recent plague of wildfires in Southern California and in neighboring states seems to have more people checking on their homeowners policies – and more people concerned about the threat of wildfires may be taking some mitigation steps insurers have …
Organizations around the world lose an estimated 5 percent of their annual revenues to occupational fraud, according to a survey of Certified Fraud Examiners (CFEs) who investigated cases between January 2012 and December 2013. Applied to the estimated 2013 gross …
Joyce R. Banks, assistant comptroller for the Kansas Insurance Department (KID), has been appointed as the agency’s new comptroller. Banks is replacing Kathy Bohnhoff, who is retiring from the department after 13 years. Banks began working for KID in 1983 …
