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New York Recovers $1.1B in Unclaimed Life Insurance Benefits

New York officials say they have helped recover more than $1.1 billion in unclaimed life insurance benefits nationwide. The state’s Department of Financial Services says Wednesday that many insurance companies were not using lists of recent deaths from the Social …

Maryland Court Rules Asbestos Firms Not Responsible for Family Exposure

An asbestos company is not liable for an illness suffered by a woman who became exposed to the hazardous material while doing her grandfather’s laundry in the 1960s, Maryland’s highest court ruled Monday. The Court of Appeals ruled that Georgia-Pacific …

PSDA Expands Firearm Coverage for Retired Law Enforcement

The Public Servants Defense Agency (PSDA) has broadened coverage available to retirees allowed to carry firearms under the Law Enforcement Officer’s Safety Act (LEOSA). As a result of this product enhancement, PSDA’s LEOSA Self-Defense Plan provides both defense and indemnity …

Maryland’s Highest Court Upholds Contributory Negligence Law

Maryland’s highest court on Tuesday upheld a law that says people cannot recover damages from an injury in a negligence case if they are found to be partly at fault. In a 5-2 ruling, the Court of Appeals declined to …

Pennsylvania Lumbermens Mutual, Indiana Lumbermens Mutual Announce Affiliation

Pennsylvania Lumbermens Mutual Insurance Company and Indiana Lumbermens Mutual Insurance Company announced on Wednesday that they have executed agreements to affiliate their respective companies. Once in effect, the affiliation will result in common management, shared services and pooled reinsurance. The …

Pennsylvania Lawmakers Hold Hearing on Fatal Building Collapse

Pennsylvania lawmakers are considering stricter regulations on demolition projects in the wake of a building collapse in downtown Philadelphia last month that killed six people. The House Labor & Industry and the Urban Affairs committees heard testimony Tuesday on proposed …

Third Lawsuit Filed Over Montana Crude Oil Spill

A third lawsuit has been filed by property owners alleging damages from an Exxon Mobil Corp. oil spill that dumped an estimated 63,000 gallons of crude into the Yellowstone River. The suit alleges company personnel ignored warnings that Exxon’s Silvertip …

Another Company Accused in Colorado Contamination

A third company has been accused of safety violations in connection with efforts to clean up a natural gas liquids spill involving a pipeline near Parachute, Colo. Documents obtained Tuesday by the Grand Junction Daily Sentinel from the Occupational Safety …

Louisiana Officials Want to Speed up Disposal of Blighted Property

With thousands of properties caught in a three-year legal holding pattern, Baton Rouge, La., and other officials across the state want the New Orleans treatment on dealing with blight. New Orleans already secured a state constitutional amendment speeding up the …

Michigan: Bulk of Insurance Complaints in 2012 Concerned Claims Handling

The Department of Insurance and Financial Services (DIFS) says consumers in 2012 filed more than 3,000 complaints against insurance companies doing business in Michigan. Complaints were filed against carriers writing accident and health, annuity, auto, homeowners, and life insurance policies. …

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