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Woman in California Discrimination Suit to be Questioned by Jury

Jurors will have an opportunity to pose their own questions today to the ex-partner who filed a sexual discrimination case against Kleiner Perkins Caufield & Byers, which could reveal their impressions in the third week of trial. Ellen Pao has …

Safety an Issue as Oilfield Companies Cut Costs During Downturn

A deadly oil well explosion in Texas’ Permian Basin this week offers a cautionary note of the industry’s challenges as companies cut costs during a market downturn. Even as deaths in the industry have climbed much less than the breakneck …

Man Accused of Stealing Injured Indiana Child’s Insurance Settlement

A northern Indiana man faces theft charges for allegedly stealing more than $612,000 from an insurance settlement awarded to an injured child. Fifty-three-year-old Clark W. Holesinger pleaded not guilty to two felony theft charges ahead of his April 22 trial …

HCC Specialty Partners with Weather Analytics

Specialty insurance underwriter HCC Specialty has formed a strategic alliance with Maryland-based Weather Analytics, a provider of precision climate, and weather data and analytics. Through this strategic alliance, HCC Specialty will have access to historical and real-time global hourly data …

GM Settles Original Ignition Switch Death Claim

General Motors Co. settled a lawsuit over the death of a 29-year-old woman that helped trigger the recall of 2.59 million cars with faulty ignition switches, lawyers for her family said. Brooke Melton, 29, died in a March 2010 crash …

Lockton Hires Appaneal as VP in Philadelphia Office

Insurance broker Lockton hired Michael Appaneal as vice president in the Philadelphia office.

North Carolina Fines Duke Energy $25M over Coal Ash Pollution

North Carolina environmental officials are fining Duke Energy $25 million over pollution that has been seeping into groundwater for years from a pair of coal ash pits at a retired power plant. The state Department of Environment and Natural Resources …

Viacom to Pay $7.2M to End Wage Lawsuit by Thousands of Interns

Viacom Inc agreed to pay $7.21 million to settle a class-action lawsuit by thousands of former interns who said the owner of Comedy Central, MTV and Nickelodeon did not pay them, despite their having done work similar to paid employees. …

Nat Cat Risks Aggravated by Persistent Extreme Weather Conditions: Munich Re

Munich Re has published a report, which notes that “over the past years, persistent extreme weather conditions have triggered severe natural catastrophes and caused losses in the billion range.” In addition the world’s largest reinsurer said: “There are a growing …

Happy Pi Day! Here Are 10 Irrational Insurance Numbers

Known as the “Math Geek Mardi Gras”, Pi Day is a growing international event that underscores the wonder of numbers, by celebrating everyone’s favorite irrational number: Pi. So says the Insurance Information Institute (I.I.I.). And there is no better time …

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