The Rhode Island State Police has issued a $57,000 fine against the company that owns the flatbed truck that was ruled too heavy for state bridges. Police announced the fine against Bay Crane Northeast Tuesday. The company’s truck was stuck …
A Philadelphia Fire Department captain has been arrested and charged with insurance fraud. Court records show 43-year-old Yolanda Stallings, of Philadelphia, Penn., was arrested June 27 and charged with various offenses including forgery and false reports. A department spokeswoman says …
Talanx has acquired Generali Colombia Seguros Generales S.A. and its life insurance subsidiary, Generali Colombia Vida Compañia de Seguros S.A., for approximately €30 million (US$34.6 million) Generali explained that Talanx is acquiring 91.3 percent of Generali Seguros and 93.3 percent …
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 …
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 …
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 …
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. …
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 …
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 …
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 …
