A mother is suing The Weather Channel for $125 million over the death of her son, who was killed in a crash with storm chasers who worked for the cable network. Karen Di Piazza alleges Kelley Williamson and Randall Yarnall, …
An Edmond, Oklahoma, man has admitted to embezzling more than $755,000 from his employer and to tax fraud. Court documents show 74-year-old Odis Aubrey King admitted in a plea agreement that he wrote more than 200 company checks to himself …
Sompo International Holdings Ltd. (SI), a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Christopher Gallagher has been promoted to the newly created role of chief executive officer of SI Commercial P&C. Gallagher joined Sompo International …
A state House committee has rejected a bill that would have legalized recreational marijuana use in Montana. The Independent Record reported that the House Taxation Committee voted 12-6 last week to table House Bill 770, effectively killing the measure. Supporters …
The Federal Emergency Management Agency wrongly released to a contractor the personal information of 2.3 million survivors of devastating 2017 hurricanes and wildfires, potentially exposing the victims to identity fraud and theft, a government watchdog reported. The Homeland Security Department’s …
A federal jury awarded more than $700,000 in damages to a Hawaii man who sued a hospital, saying staff injected him against his will with anti-psychotic drugs that left him incapacitated for months. A jury in U.S. District Court unanimously …
Worley Claims Services LLC has acquired Eugene, Ore.-based Alacrity Renovation Services LLC from Lowe’s Companies Inc. Terms of the deal were not disclosed. Worley, based in Fishers, Indiana, is a provider of insurance claims management services in North America. Alacrity …
While there were no signs of generalized rate hardening during the April 1, 2019 renewal season, reinsurers have adopted a “rational” rating approach, asking for price increases of up to 25 percent, mainly targeted towards loss-affected contracts and programs, according …
American International Group announced that Rich Baich will join the company as senior vice president, chief information security officer, effective April 22. In this role, Baich will lead the firm’s global cybersecurity risk management program and help drive information security …
A U.S. judge has dismissed a lawsuit seeking to hold nine large European banks liable for allegedly providing banking services to Iran that enabled militants to conduct 55 attacks against U.S. armed forces in neighboring Iraq. In a decision on …
