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Oklahoma Company Sued Over Accident That Hurt Teens

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 …

Kansas Farmers Rack Up $1B in Insurance Claims After Drought

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 …

Tennessee’s Appalachian Underwriters Adds Three Brokers

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) …

Kaufman Financial Acquires London’s Chesterfield Group, Texas MGA

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 …

Increase in U.S. Tort Costs Driven by Gulf Oil Spill: Study

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 …

Judges Weigh HIV-Positive Man’s Job Bias Claim Against Atlanta Police

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 …

Weather Service Documents 10 Tornadoes in Alabama

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 …

Costa Cruises Offers Settlements to Passengers

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, …

Japan’s Stricken Nuclear Operator to Get $13 Billion Bailout

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 …

BP Must Cover Some Transocean Gulf Oil Spill Damages

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 …

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