A jury has awarded $16 million to the families of four passengers who were killed in a December 2011 helicopter crash near Lake Mead in Nevada. The jurors ruled against Sundance Helicopters Inc. in a wrongful death case filed by …
Vail Resorts could be required to pay hundreds of thousands of dollars in damages to the family of a teenager who died in an avalanche while skiing in Colorado January 2012. Broomfield County District Court Judge Chris Melonakis this week …
The National Association of Mutual Insurance Companies recognized five individuals today for their service to the property/casualty insurance industry. Receiving the NAMIC Service Award at the association’s 119th Annual Convention in National Harbor, Md., were Jack Armstrong, Liberty Mutual Insurance …
Federal officials have given their backing to a redesigned license for immigrants living in California illegally, which includes wording that distinguishes it from those for legal residents. Homeland Security officials told the California Department of Motor Vehicles that the state’s …
Typical insurance policies won’t cover people participating in the “sharing economy” by renting out their home or using their car for a driving service, Oregon’s insurance commissioner is warning. The state’s insurance regulator had previously stayed quiet about the ways …
The Insurance Institute for Business and Home Safety has recognized three South Mississippi home builders for building homes that are more disaster-resistant. IBHS also recognized three homes in south Alabama. In January, the U.S. Department of Homeland Security implemented the …
Mississippi’s Court of Appeals says the state Board of Medical Licensure can discipline a radiologist for making what a federal judge found to be thousands of “manufactured” lung disease diagnoses. The Court of Appeals on Tuesday reversed a lower court …
Following a presentation from Guy Carpenter, moderated by the CEO Alex Moczarski, we caught up with the company’s Vice Chairman David Priebe, who explained just what’s involved in operating one of the world’s largest reinsurance brokers in this new era. …
Robert Benmosche, who led American International Group Inc. for half a decade, said an emerging challenge from Warren Buffett’s Berkshire Hathaway Inc. hasn’t amounted to much so far. Buffett’s firm recruited AIG executives beginning last year to expand commercial coverage …
The Saudi insurance market continued its strong growth over the first half of 2014 with gross written premium expanding 24 percent compared with the first half of 2013, according to a new Best’s briefing. The briefing, titled, “Saudi Market Rebounds …
