A court in Lexington, Kentucky, has ruled that a nursing home should pay more than $1 million to a resident who was severely injured in a fall in an equipment storage room. Irene Hendrix was in her late 80s and …
The city of Pittsburgh has settled a lawsuit filed by two men who said they were wrongly swept up in arrests during the Group of 20 economic summit two years ago. Solicitor Dan Regan said on Monday, Oct. 24, that …
Action movie star Sylvester Stallone is accused in a lawsuit of copying another writer’s screenplay to make “The Expendables,” a movie about mercenaries hired to defeat a military dictator. The lawsuit was filed in Manhattan federal court on Tuesday by …
A Peabody, Mass., business owner who was indicted for allegedly collecting tens of thousands of dollars in fraudulent claims will be at a criminal case court hearing this Friday. Robert Giller, age 52, was indicted in connection with collecting over …
A damages expert asserted Trust Company of the West (TCW) is owed $81.7 million in royalties due to trade secret theft as the high-profile civil case pitting the asset management firm against its former chief investment officer Jeffrey Gundlach resumed …
The death toll linked to listeria-contaminated cantaloupes in the United States has climbed to 28, the Centers for Disease Control and Prevention said Tuesday. Whole or pre-cut Rocky Ford-brand cantaloupe from Colorado-based Jensen Farms have been traced as the cause …
Like just about every other workplace benefit, disability insurance is becoming something workers have to manage and pay for, at least partially, themselves. In the current open enrollment season for 2012 benefits, more employers are asking workers to put some …
MetLife Inc., the largest U.S. life insurer, said the Federal Reserve blocked it from raising its dividend and buying back shares, a surprise to investors and analysts who had expected both as soon as this week. MetLife shares fell 4 …
Flagstone Reinsurance Holdings has announced a number of strategic initiatives, which it said are “designed to realign the Company’s strategy and core capabilities.” Flagstone said it “intends to refocus its underwriting strategy to leverage its existing strengths, and streamline its …
A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer credit ratings (ICR) of “a” of Allied World Assurance Company, Ltd and its operating affiliates. Best also affirmed the financial strength rating (FSR) of ‘A …
