New York City has agreed to pay $6.25 million to a man who spent nearly 25 years in prison before being exonerated in a killing that happened while he was more than 1,000 miles away vacationing at Disney World, the …
Iowa’s three public universities cannot be sued for allegedly refusing to pay their share into a state program that subsidizes insurance for Iowa residents who have health risks, the Iowa Court of Appeals has ruled. The program, known as the …
Pennsylvania Insurance Commissioner Teresa Miller is urging potential drivers for rideshare services like Uber and Lyft to consult with their insurance companies to ensure adequate coverage for themselves and passengers. Miller said Wednesday that transportation network services Uber and Lyft …
Beazley has introduced fraudulent instruction insurance, a new coverage to address losses from the transfer of funds as a result of fraudulent instructions from a person purporting to be a vendor, client or authorized employee. The new endorsement, which has …
Ron Lockton has been named vice chairman of Kansas City, Mo.-based privately held, independent insurance broker, Lockton Inc. He will take on broader global leadership responsibilities as part of the company’s long-term succession plan. Ron Lockton, 48, is the son …
Insurance broker and consultant, NFP, has acquired specialty agency AutoGroup Services (AGS), based in Fort Worth, Texas. Founded in 2000, AGS consults with auto dealerships to help maximize the profitability of their finance and insurance departments. The firm tailors dealership …
A food supplier claims an Iowa egg farm breached a contract after bird flu disrupted the supply of eggs. Michael Foods Egg Products Co., a subsidiary of St. Louis-based cereal-maker Post Holdings Inc., filed a lawsuit in federal court in …
A spike in earthquakes across Oklahoma is forcing the state’s energy regulator to urgently consider tougher restrictions on drilling activity, a spokesman said, calling it a “game changer.” From June 17 to 24, there have been 35 earthquakes of magnitude …
Powerful storms that thundered through eastern Pennsylvania, New Jersey and Connecticut downed trees and power lines, leaving nearly 400,000 customers without electricity and disrupting mass transit service Wednesday. In Pennsylvania, PECO says more than 165,000 homes and businesses were without …
Today’s Supreme Court opinion upholding current tax subsidies under the Affordable Care Act (ACA) will not have any impact on rated U.S. not-for-profit and for-profit health insurance firms since it continues the current operating environment, according to a leading rating …
