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Willis Re Notes 25% Growth in Insurance Loss Warranty Market

A report from Willis Re in London points to 2011 activity as driving a 25 percent growth in Insurance Loss Warranties (ILWs) volume for 2012. The report estimates that the ILW market reached trading volumes of $6 billion last year, …

New Jersey’s New AG Changes Consumer Affairs Enforcement

New Jersey’s new attorney general is reorganizing the enforcement arm of the state’s Division of Consumer Affairs to crack down on crimes involving prescription drugs. Attorney General Jeffery Chiesa announced the changes Monday. He said he will bring together three …

Two Vermont Towns to Decide on Abandoned Asbestos Mine

Voters in Lowell and Eden are going to vote on whether to request that an abandoned asbestos mine be declared a federal Superfund hazardous waste site so it can be cleaned up and eventually redeveloped as a biomass power plant. …

MJ Insurance Launches Golf Program

MJ Insurance has created a product for the golf industry that includes both insurance coverage and risk management. The company’s “Golf Program” offers a variety of coverages, which is important for the range of risks that golf courses face. These …

Toyo Tire Recalls Nearly 69,000 Tires

Cypress-based Toyo Tire U.S.A. Corp. is recalling nearly 69,000 tires because of a possible kink near the rim area that could cause a crack and lead to tire failure. A statement on the company’s website says the recall involves the …

Oregon GOP Pushes Limits on Medical Malpractice Liability

Republicans in the Oregon Senate say they’ll fight Gov. John Kitzhaber’s proposed overhaul of the Oregon Health Plan unless it includes limits on medical malpractice claims, injecting a hot-button issue into one of the Legislature’s biggest debates. Kitzhaber has pushed …

County Defends Lockup after $22 Million Award

Dona Ana County officials are defending how they run their jail following a huge monetary verdict in favor of a former inmate. A federal jury Wednesday awarded Stephen R. Slevin, 58, of Virginia Beach, Va., $22 million after hearing about …

Whittemore Accused of Embezzling From Ex-Partners

Former business partners of Nevada developer and lobbyist Harvey Whittemore have sued him, claiming he embezzled and misappropriated more than $40 million. In its lawsuit filed Friday in Clark County District Court, the Wingfield Nevada Group Holding Co. claims Whittemore …

Utah Family Sues Pharmaceutical Company

The family of a late Hyde Park woman has sued a pharmaceutical company, claiming it made a faulty pain-relief patch that caused her death. Logan’s Herald Journal reported family of Janine Ward filed the lawsuit Monday in 3rd District Court …

Contractor Charged With Wage Theft, Other Charges

A painting contractor who had a number of contracts to work on San Francisco city and school projects is facing charges that she cheated her employees out of more than $600,000 in wages. Frances Ann Doherty was charged Friday with …

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