September 16, 2011
The U.S. Chamber of Commerce has put reshaping a U.S. anti-bribery law near the top of its legislative wish list, setting up a battle pitting the powerful business lobby group against supporters of the statute who say it helps fight …
September 16, 2011
The state agency overseeing North Carolina’s response to Hurricane Irene estimates the price tag on helping individuals and governments recover from Hurricane Irene so far at about $125 million. The Division of Emergency Management provided the total to senators Wednesday …
September 16, 2011
The family of an 18-year-old Michigan man who died while swimming at the Clinch Park marina in Traverse City has filed a lawsuit seeking $50 million. Michael Knudsen’s family said it wants to prevent similar deaths with the lawsuit against …
September 16, 2011
The group that owns the Atlanta Hawks and recently sold the Atlanta Thrashers has settled a $195 million legal malpractice lawsuit against the law firm King & Spalding. The Atlanta Spirit, which sold the Thrashers to a Canadian group in …
September 16, 2011
San Francisco 49ers receiver Braylon Edwards has filed a $14 million slander lawsuit, claiming allegations that he was directly involved in a fight at a suburban Detroit restaurant cost him a big guaranteed contract from another NFL team. Edwards, a …
September 16, 2011
Perhaps it’s a matter of perspective. If you’re a cattle rancher in New Mexico without enough grass to feed your stock, it’s a drought. If you’re a satellite orbiting a couple of hundred miles away in space, things may look …
September 16, 2011
The Hilb Group, a Glen Allen, Va.-based holding company that focuses on acquiring mid-market agencies, has purchased Venture Specialty Insurance. The Richmond, Va.-based Venture Specialty is an all-lines agency with two niche products offering coverage for transportation and cosmetic surgeries. …
September 16, 2011
A Pennsylvania court has ruled that an exclusion in underinsured motorist coverage for injuries incurred while on a motorcycle applies to motorcyclists injured after being thrown off their bikes. An underinsured motorist coverage from Allstate contained an exclusion for injuries …
September 16, 2011
Reinsurers Allied World Assurance Co. Holdings Ltd and Transatlantic Holdings Inc. called off their merger Friday in the face of overwhelming opposition, leaving Transatlantic to decide between two larger, unsolicited offers. Allied World said in a statement it would receive …
September 16, 2011
The Professional Insurance Agents of New York State (PIANY) elected seven officers for its 2011-12 administrative year. The association also elected five board directors who will serve for a three-year term, ending in 2014. The election was held at the …