Settling nearly 170 claims of priest sex abuse would cost the Roman Catholic Archdiocese of Portland, Ore., about $75 million under a reorganization plan. The plan represents the first bankruptcy in the nation filed by a diocese. Insurance companies have …
Georgia could see fewer than 100 fire deaths this year — the lowest toll in nearly a decade, thanks to warm weather, according to the Insurance and Safety Fire Commissioner’s Office. “Most of our fatal fires do occur with people …
The attorneys general of Connecticut, Illinois and New York continued their campaign against undisclosed compensation and account steering by simultaneously bringing suit against one of the nation’s largest insurance brokers. The suits were bought against Acordia Inc. and its parent …
The Oregon Insurance Division is recognizing the Insurance Marketplace Standards Association as a group that can help to establish “best practices” and promote consumer protection in the state. In a recent bulletin, Insurance Administrator Joel Ario noted the Division “wishes …
Most of the 28.5 million Americans hosting parties between Thanksgiving and the Super Bowl are underinsured, according to a new study by Trusted Choice. Of those 28.5 million party hosts, 21.3 million do not have a personal umbrella insurance policy, …
It’s the ogre hiding under the bridge. And a hungry ogre at that. The owners of many small- to mid-sized companies hope to tip-toe by without incident, but there is no ignoring the potential for trouble. The number of legal …
A handful of arson convictions that relied largely on expert testimony are being re-examined because of changes in the scientific understanding of fire. Some cases are in court, while in others defense teams are making preparations. Here are a few …
Even though a homeowner’s insurance policy said floods were not covered, leaving that statement out of the application left the company liable for damages to a house destroyed by Hurricane Rita’s winds and floods, a judge in New Iberia, La., …
Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration reported that 23 states and Puerto Rico had a decrease in …
Shortly after former Enron CEO Jeffrey Skilling’s Oct. 23, 2006, sentencing, the Enron Task Force said it was closing down, with its mission mostly complete. Yet did that event really signal an endpoint in the Enron criminal scandal? Perhaps it’s …
