July 20, 2017
A U.S. rule years in the making that was intended to restore consumers’ ability to band together to sue financial companies could unravel in just a few months as the heads of two federal agencies clash over it and critics …
July 20, 2017
Global insured losses from natural disasters during the first half of 2017 are estimated at US$22 billion with 76 percent of these losses generated by U.S. events, according to a report issued by Impact Forecasting, Aon Benfield’s catastrophe model development …
July 20, 2017
A federal jury in New York on Wednesday found General Motors was not to blame for a crash of an Arizona man who alleged that his accident was caused by an updated version of the carmaker’s ignition switch that did …
July 20, 2017
Chubb has named Lee Farrow as executive vice president and Life Sciences Industry practice leader for North America. In his new role, effective immediately, he will oversee the strategy, operations and underwriting of biotechnology, pharmaceutical, supplement, and medical device customers. …
July 20, 2017
Daimler AG moved to head off a growing crisis over emissions concerns by voluntarily recalling more than 3 million Mercedes-Benz diesel vehicles in Europe, marking the latest blow to the technology since Volkswagen AG’s cheating scandal erupted nearly two years …
July 20, 2017
Sullivan Brokers has launched an enhanced program that offers first party protection specifically tailored to address the exposures healthcare providers face when presenting claims to public or private insurers. The enhanced Practice Shield program now includes an expanded list of …
July 20, 2017
A railroad owner plans to appeal a jury’s decision that it must pay $3.9 million to the family of a movie worker killed on a Georgia railroad trestle in 2014, a spokesman for the company said. The jury in Savannah …
July 20, 2017
Gov. Roy Cooper has signed legislation directing how $100 million in additional Hurricane Matthew relief funds must be spent and requiring zip line and aerial ropes course owners to get minimum levels of liability insurance. Cooper enacted Tuesday ten more …
July 20, 2017
A Kentucky attorney is facing charges in federal court that he defrauded clients out of their insurance settlements for $550,000. The U.S. Attorney’s office in Louisville says James Grant King allegedly committed aggravated identity theft and wire fraud from 2007 …
July 19, 2017
The Wal-Mart greeter who took the retail giant all the way to the U.S. Supreme Court in the largest gender bias class-action lawsuit in U.S. history has died. A niece, Rita Roland, says Betty Dukes died July 10 at her …