June 26, 2013
Lawyers for 11 young children who reportedly suffered sexual abuse at a Salem, Ore., foster home have filed nearly $23 million in lawsuits against the state’s Department of Human Services. The lawsuits represent one of the most sweeping cases brought …
June 26, 2013
Four men are suing the Mormon church and Boy Scouts of America in federal court, saying they were sexually abused while attending scouting functions in Idaho. Attorneys Gilion Dumas, Andrew Chasan and Timothy Walton filed the lawsuit in Boise’s U.S. …
June 26, 2013
Britain’s BP has stepped up its campaign for a revision of the way compensation for its 2010 Gulf of Mexico oil spill is calculated by placing advertisements in leading newspapers ahead of a July 8 appeal court hearing in the …
June 26, 2013
Georgia Insurance Commissioner Ralph Hudgens said violent weather that struck Georgia on June 13 caused an estimated $50 million in insured losses. The storm caused two EF1 tornadoes in Cherokee and Cobb counties. More than 160,000 Georgia Power customers were …
June 26, 2013
A U.S. trade panel that deals with patent infringement cases took a step on Monday that could rein in companies, often known as patent trolls, accused of embarking on frivolous litigation. The International Trade Commission said it will soon require …
June 26, 2013
U.S. auto thefts probably rose in 2012 after eight straight years of declines as criminals took advantage of California’s budget cuts and reduced police forces, an insurance-industry group said. Thefts rose 1.3 percent last year from 715,373 in 2011, according …
June 26, 2013
Berkshire Hathaway Specialty Insurance — the new commercial P/C insurance unit of Berkshire Hathaway — appointed Ralph Tortorella III as senior vice president, chief legal and compliance officer. Tortorella was previously the global specialty general counsel at Liberty Mutual Group …
June 26, 2013
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Bermuda-based Associated Electric & Gas Insurance Services Limited (AEGIS), and has assigned both ratings a positive outlook. Best said the rating …
June 26, 2013
Shale has killed climate policy. Now the International Energy Agency (IEA) is trying to bring it back to life. Following the shale revolution, policymakers can no longer count on peaking oil and gas supplies and soaring fuel prices to save …