Monthly Archives: <span>April 2017</span>

Father in Oregon Seeks $5M For Son’s Accidental-Overdose Death

The father of a 2-year-old Oregon boy who died of morphine poisoning seeks $5 million in a lawsuit filed against the boy’s mother, grandmother, aunt and an insurance company. Jesse deVos’ lawsuit alleges the adults failed to ensure a childproof …

Former Mayor of San Diego Files Suit over Wife’s Ruptured Implants

Former San Diego Mayor Roger Hedgecock is suing the city, claiming a sidewalk fall ruptured his wife’s breast implants. The San Diego Union-Tribune reported Hedgecock and his wife contend the city was careless and negligent for failing to repair sidewalk …

Museum in Indiana Exhibit Explains Why Natural Disasters Occur

Natural disasters can strike at any time, often without warning, and devastate cities, regions, states and countries. Nature Unleashed, a new exhibit at the Indiana State Museum, aims to help Hoosiers understand why tornadoes, earthquakes, hurricanes, tsunamis and volcanic eruptions …

Billionaire Investor John Paulson Planning AIG Board Exit

Billionaire John Paulson is planning to step down from American International Group Inc.’s board after his hedge fund sold shares in the insurer, according to a person familiar with the plan. The move is expected to be announced in the …

Trump Aims to Raise Insurer Participation in Obamacare with New Rules

The Trump administration finalized a set of rules that it says will help bolster insurer participation in Obamacare’s markets, even as the president presses for repeal of the law itself. The rules, published Thursday [March 13] by the Department of …

5-Year-Old Killed at Atlanta Rotating Restaurant

Officials say a 5-year-old boy has died after getting caught in the rotating wall of an Atlanta restaurant. Atlanta Fire Department spokesman Sgt. Cortez Stafford tells The Atlanta Journal-Constitution the little boy got his head stuck between two tables and …

AIG Board Refuses CEO Hancock’s 2016 Cash Bonus after Poor Earnings

American International Group Inc.’s board of directors declined to award Chief Executive Officer Peter Hancock a cash bonus for his work last year, after the company’s dismal financial performance roiled shareholders, according to a proxy filing on Thursday [April 13]. …

Oklahoma Commissioner to Host Healthcare Innovation Summit

Mobile apps, wearable heart monitors and high-tech shoe soles could help solve some of America’s healthcare problems. These cutting-edge products are among the topics up for discussion at the Healthcare Innovation Summit hosted by Oklahoma Insurance Commissioner John D. Doak. …

Cayman Islands Issues 39 Insurer Licenses in 2016

The Cayman Islands Insurance Industry saw a “buoyant” start to 2017, with eight new insurer licenses issued in the first quarter, which followed a strong year in 2016 when 39 insurer licenses were issued, said the Insurance Managers Association of …

Miller Leaves Michigan Automobile Insurance Placement

The Michigan Automobile Insurance Placement Facility has announced that Terri A. Miller, its executive director, is leaving after nearly 20 years in that role. Karyn Spaude, MAIPF’s controller, was named interim director as the organization seeks to fill the position. …