January 27, 2012
The parents of two teenagers who were severely injured in a grain elevator accident in Oklahoma have filed negligence lawsuits against the business where the boys worked. Cherie Gannon, Lee Zander and Rhonda Zander filed the lawsuits against Zaloudek Grain …
January 27, 2012
Kansas farmers have claimed nearly $1 billion in insurance to offset crop losses caused by the lingering drought. The federal government says that breaks a Kansas record of $446.8 million for drought claims set in 2002, and more claims are …
January 27, 2012
Appalachian Underwriters has added three brokers to its property and professional practice group. Shane Holden has 20 years of insurance and risk management experience at the retail level. Most recently, he worked for wholesale broker Colemont (now part of AmWINS) …
January 27, 2012
The H.W. Kaufman Financial Group, parent company of wholesale broker and underwriting manager Burns & Wilcox, has purchased Chesterfield Group Ltd., a London-based insurance broker and underwriting organization with companies in the UK, U.S. and Canada. The acquisition expands Kaufman …
January 27, 2012
The April 2010 Deepwater Horizon drilling rig explosion and resulting oil spill in the Gulf of Mexico were the key drivers in the 5.1 percent increase in U.S. tort costs in 2010, according to a new report. The 2011 “Update …
January 27, 2012
A panel of federal judges appeared skeptical Wednesday of the Atlanta police department’s decision to reject a job application from an HIV-infected man. The 40-year-old man sued the city in 2010, claiming he was denied a police officer job solely …
January 27, 2012
The National Weather Service has now documented paths of destruction from at least 10 tornadoes in the outbreak of storms across central Alabama early Monday. Recently completed surveys show that tornadoes struck in Perry and Chilton counties, including an EF-2 …
January 27, 2012
Costa Cruises has offered to pay 11,000 euros ($14,500) in compensation to each of the more than 3,000 passengers aboard the ship that capsized near the island of Giglio two weeks ago, Italian consumer groups said on Friday. The offer, …
January 27, 2012
Japan is set to launch a $13 billion bailout of the owner of its stricken Fukushima nuclear power plant after the utility dropped resistance to a public fund injection, sources said on Thursday, as the country debates the future of …
January 27, 2012
A federal judge on Thursday said BP Plc must indemnify Transocean Ltd. for some compensatory damage claims over the 2010 Gulf of Mexico oil spill. U.S. District Judge Carl Barbier, who oversees multistate litigation over the spill, agreed with Transocean …