July 7, 2014
The U.S. Army Corps of Engineers shouldn’t be blamed for causing major flooding along the Missouri River that has affected five states regularly since 2006, the government says in its initial response to a lawsuit. More than 200 landowners claimed …
July 6, 2014
Massachusetts state emergency officials say life is returning to normal after Hurricane Arthur dumped surprising amounts of rain and unleashed strong winds in parts of Massachusetts. Massachusetts Emergency Management Agency spokesman Peter Judge says the storm left about 20,000 homes …
July 6, 2014
Hurricane Arthur made landfall before midnight on July 3 near Cape Lookout, North Carolina, as a Category 2 hurricane. Maximum sustained winds at landfall were 100 mph, according to the National Hurricane Center. State officials said no casualties have been …
July 6, 2014
Warren Buffett had just taken control of Berkshire Hathaway Inc., a textile maker he would build into one of the world’s largest insurers, the last time U.S. property/casualty carriers endured such low interest rates. That was almost five decades ago. …
July 6, 2014
Private U.S. property/casualty insurers’ net income after taxes fell to $13.8 billion in first-quarter 2014 from $14.3 billion in first-quarter 2013. Insurers’ pretax operating income – the sum of net gains or losses on underwriting, net investment income, and miscellaneous …
July 6, 2014
Six insurance companies are suing an asbestos personal injury trust set up by a U.S. unit of Philips that the insurers suspect has been making millions of dollars in fraudulent payments to parties that cannot prove they were harmed by …
July 3, 2014
Higginbotham has purchased a portion of Willis of Texas Inc.’s operations. The transaction includes Willis of Texas’ operations in San Antonio, McAllen, Victoria and Tyler. Combined, they add 35 employees and one new geographic market to Higginbotham’s Texas footprint. The …
July 3, 2014
People who hire nannies, caregivers and other domestic workers in Massachusetts must now adhere to established labor standards and other worker protections. The bill signed into law by Gov. Deval Patrick on Wednesday defines domestic workers as individuals who provide …
July 3, 2014
A New Jersey appeals court recently affirmed that a worker was bound by a contractual provision, contained in an employment application, which shortened the two-year statute of limitations for filing claims against his employer to six months. The appeals court …
July 3, 2014
HomeServe USA‘s subsidiary Home Emergency Insurance Solutions (HEIS), is relaunching its optional Water Service Line Insurance plans as home protection plans to more than 425,000 households across the state of California. A mailing outlining the new benefits of the Plans …