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Former Kentucky Lawmaker Nunn Liable for $23M in Ex-Fiance Slaying

A judge in Lexington ruled that former Kentucky lawmaker Steve Nunn is liable for nearly $24 million in damages in a wrongful death lawsuit brought by the family of his slain ex-fiancee. Fayette Circuit Judge James Ishmael ruled after a …

West Virginia High Court Caseload Drop Tied to Workers’ Comp Reform

The number of filings in the state Supreme Court reached its lowest level in more than 25 years in 2012, according to a report presented to West Virginia lawmakers. The report by court clerk Rory Perry says there were 1,524 …

Most, Least Expensive States to Own a Car

Georgia is the most expensive state to operate a motor vehicle and Oregon is the cheapest, according to a Bankrate.com report that considers the costs of gasoline, insurance, repairs, taxes and fees. In Georgia, a typical driver spends $4,233 per …

BMS Appoints Douetil as Group CEO; Cook CEO of UK Broker Entity

The UK’s BMS Associates, a specialist independent broker and underwriting group, has appointed Dane Douetil as its new Group Chief Executive Officer. BMS Associates is the parent company of BMS Group Limited, its UK broking entity; of BMS Intermediaries Inc., …

More Justice Department Cases Over Financial Crisis On the Way: AG Holder

U.S. Attorney General Eric Holder is preparing to announce new cases related to the economic meltdown in the coming months as the Justice Department nears decisions on a number of probes involving large financial firms, the Wall Street Journal reported. …

$56 Bn Economic Loss; $17 Bn Insured: Swiss Re’s 1st HY Disaster Report

According to preliminary sigma estimates from Swiss Re, “total economic losses from natural catastrophes and man-made disasters were $56 billion in the first half of 2013. The global insurance industry covered $20 billion of the total losses, of which $17 …

Allied World Asia-Pacific Launches ‘Side A’ D&O Coverage

Allied World Assurance Company Holdings, AG announced from its headquarters in Switzerland the launch of its Asia-Pacific platform, “the Executive ForceField product to provide a new level of protection for company Directors and Officers in the Asia-Pacific region.” Allied World …

Willis Supports Antarctic ‘Pole Dash’ Expedition by Young Explorer

Willis Group Holdings announced that it has teamed up “with teenage explorer and climate campaigner Parker Liautaud to attempt a World Record South Pole speed expedition that will help explore the impact of climate change on the planet.” The young …

Swiss Re Plays Key Role in Oxfam’s Bangladesh Flood Insurance Program

The global charity Oxfam has announced the launch of a flood insurance program for poor and vulnerable people in the river basin areas of the Sirajganj district of Bangladesh. “Initiated by Oxfam, the project is funded by SDC (Swiss Agency …

Suncorp Group Net Income Falls 32% on Banking Unit Loss

Suncorp Group Ltd., an Australian lender and insurer, posted a 32 percent decline in full-year profit in line with its guidance last month. Net income for the year to June 30 was A$491 million (US$443 million) compared with A$724 million …

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