A Detroit suburb has received a $5 million insurance payment to help the city bounce back from damage caused by flooding in August. Torrential rain and flooding on Aug. 11 damaged city property at the Warren Community Center, police department …
The family of an Ethiopian runner who famously won an Olympic marathon barefoot is suing Vibram, the maker of a popular line of minimalist running shoes, saying it used his name without permission. Abebe Bikila, who died in 1973, was …
OneBeacon Insurance Group has been dealt a ratings outlook warning from Fitch Ratings and an outright downgrade from Moody’s Investors Service, stemming from substantial adverse reserve development in the 20914 fourth quarter and fiscal year. Moody’s downgraded OneBeacon’s U.S. Holdings …
A gay man who sued when he was fired from his job at an Oregon adult bookstore has been awarded more than $76,000 in damages. Wilford Bearden was hired at Fantasyland II in Clackamas in April 2010 and fired three …
The GOP-led West Virginia House of Delegates voted 59-38 Tuesday to scale back deliberate intent lawsuit protections. When there’s a known unsafe working condition that hurts or kills someone, the lawsuits are available, in addition to making workers’ compensation claims. …
President Barack Obama’s recommendation to spend $5 million next year on an early earthquake warning system for the West Coast represents a significant breakthrough, congressional supporters of the project said. It’s the first time Obama has included funding for the …
Alejandro Altamirano from Durango, Mexico, has called New Mexico home for a dozen years, and it’s where his two U.S.-born daughters are being raised. But the 36-year-old dairy farmworker fears he will be forced into the shadows if he loses …
Berkshire Hathaway Specialty Insurance (BHSI) announced that it has appointed Amanda Sorsak to lead its Property & Energy Claims operation in Canada. She was previously Executive General Adjuster at Allianz Global Corporate & Specialty in Toronto. “Top-caliber people, providing customers …
PERILS AG announced that its final property insurance market loss estimate for windstorm Tini, also known as Darwin, which affected Ireland and the United Kingdom on 12 and 13 February 2014, is €286 million [$324 million] PERILS noted that this …
RenaissanceRe Holdings Ltd. announced it has received all regulatory approvals required in connection with its previously announced acquisition of Platinum Underwriters Holdings, Ltd. The transaction remains subject to approval by the shareholders of Platinum at Platinum’s previously announced shareholder meeting …
