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Wyoming Man Refiles Wrongful Death Lawsuit Against Walmart

A man suing a Sheridan, Wyo. Walmart, claiming his wife died after she ate a contaminated cantaloupe purchased at the store, has refiled his lawsuit in federal court. Attorney Nicholas Murdoch, representing Frederick M. Lollar, tells the Sheridan Press the …

Radiation Treatment Lawsuit in Hawaii Settled for $15M

The family of a lung cancer patient who suffered injuries after he was exposed to overdoses of radiation has settled a lawsuit for $15 million in compensation. Zacarias Chichioco Jr. received about 2.5 times the appropriate amount of radiation he …

Hiscox Adds Cyber Crime Protection for Small, Medium-Sized Businesses

Hiscox, the international specialist insurer, has added a new cyber crime protection endorsement to its technology privacy cyber portfolio. The cyber crime coverage option provides additional protection against growing exposures related to cyber crime connected to business bank accounts. “Technology …

Compensation Talks Start in Geneva for Bangladesh Factory Victims

Representatives of retailers, labor unions and non-governmental organizations began meeting today in Geneva to discuss compensation for those killed or injured in two factory disasters in Bangladesh. Today’s talks are focused on November’s Tazreen factory blaze, said Jenny Holdcroft, policy …

Selective Insurance Group Names Marchioni President, Chief Operating Officer

Selective Insurance Group Inc. has selected John Marchioni as president and chief operating officer. Gregory E. Murphy, who remains chairman and chief executive officer, previously held the president title. Marchioni had served as executive vice president, Insurance Operations, with oversight …

Insurance Pros in Politics: Cooley Masters Quake Insurance

When it comes to mixing insurance and politics, the two might as well be one in the same for California Assemblyman Ken Cooley. Cooley, D-Rancho Cordova, started his career in the 1970s working on earthquake issues with a unit of …

Florida Approves 6.3% Increase In Citizens Homeowners Rates

Florida homeowners who secure coverage through the state-backed property insurer will see their rates increase by a statewide average 6.3 percent based on a ruling by state regulators. Homeowners with multiperil policies will see a 4.4 percent increase – or …

On 9/11 Anniversary, a Call to Renew Federal Terrorism Insurance

On today’s anniversary of the 9/11 terrorist attack against the United States, the Insurance Institute for Business & Home Safety (IBHS) joined with citizens across the country in remembering those whose lives were lost and the sacrifices that were made. …

Commentary: ‘Prevention Is Better Than Cure’ in Property Insurance Disputes

Although the notion of a binding agreement between two parties dates back to ancient times, the doctrine of contracts has evolved through the years to meet the needs of modern times. In 1911, Judge Learned Hand defined this legal principal: …

Humberto Becomes Season’s First Hurricane; Gabrielle Spares Bermuda

Hurricane Humberto, the season’s first, churned in the Atlantic west of the Cape Verde Islands as Tropical Storm Gabrielle stalled after passing Bermuda. Humberto was declared a Category 1 storm in a 5 a.m. advisory from the U.S. National Hurricane …

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