A four-page opinion from an appellate court in New York suggests a way to insulate companies and their boards from lawsuits in going-private transactions. The decision stems from the 2012 buyout of Kenneth Cole Productions Inc. by its namesake chairman …
The West Virginia Board of Risk and Insurance Management is getting a new executive director. The board announced last week that Mary Jane Pickens will succeed Chuck Jones, who is retiring effective Jan. 1. Jones has been executive director since …
A jury has awarded the parents of a child who suffered a brain injury during his birth more than $18 million in damages. The Glasgow (Kentucky) Daily Times reported the jury rendered its decision on last Tuesday after deliberating for …
Peggy Young only has to look at her younger daughter to be reminded how long she has fought United Parcel Service over its treatment of pregnant employees, and why. Young was pregnant with Triniti, who’s now 7 years old, when …
BP Plc, having pledged billions of dollars for damages caused by the 2010 Gulf of Mexico oil spill, won’t have to make payouts any time soon to more than 95 percent of the workers hurt while cleaning up the mess. …
North Carolina insurance officials reported the arrests of five people from Fayetville in an alleged insurance fraud scheme involving a staged auto accident in Cumberland County. Department of Insurance criminal investigators allege that the suspects conspired to defraud State National …
Liberty Mutual Insurance has launched cyber coverages on its commercial package products and monoline general liability policies for small- to mid-sized businesses. The new Data Security endorsement provides four optional coverages, each with separate and varying aggregate limits, sub-limits, and …
Leading U.S. CEOs, angered by the Obama administration’s challenge to certain “workplace wellness” programs, are threatening to side with anti-Obamacare forces unless the government backs off, according to people familiar with the matter. Major U.S. corporations have broadly supported President …
General Motors Co. lost a bid to merge a California county prosecutor’s lawsuit over faulty ignition switches with customer cases pending in New York that make similar accusations about the carmaker’s conduct and demand monetary compensation. U.S. District Judge Jesse …
Firefighters are urging people to be careful in the kitchen this Thanksgiving. The Firemen’s Association of the State of New York has issued a holiday reminder that cooking fires are the number one cause of home fires. With Thanksgiving on …
