Hundreds of Floridians want to opt out of a proposed $53 million federal settlement over faulty Chinese drywall in hopes of pursuing lawsuits in state courts. Attorneys representing the Florida homeowners planned Wednesday to detail the cases and importance of …
Chicago-based Hub International Ltd. has acquired some of the assets of Mountain West Insurance & Financial Services LLC, a Missoula, Mont.-based retail brokerage firm. Terms of the acquisition were not disclosed. ‘Hub International continues to look to expand in the …
California Governor Jerry Brown has signed into law a bill allowing California homeowners insurance companies to consolidate the required biannual notice offering earthquake insurance coverage with a notice explaining discounts and surcharges for earthquake insurance. Senate Bill 596 was sponsored …
The California Restaurant Mutual Benefit Corp. (CRMBC) is holding up a new conviction as success story in its ‘intensified campaign’ against workers’ compensation fraud. Jeanette Gallo pleaded no contest to one of the two felony counts of insurance fraud in …
By suing 131 individuals in its effort to recover losses on $200 billion of mortgage debt that went sour, the federal agency overseeing mortgage giants Fannie Mae and Freddie Mac is doing one thing that the U.S. government has largely …
XL Insurance has appointed Marcia Blanco and Ursula Williams to its miscellaneous professional liability (MPL) team in San Francisco. Blanco joins as the national practice leader for all MPL business and new product development to include a custom media insurance …
The University of Southern Mississippi has denied the claims of a Hispanic woman that she was discriminated against in her pursuit of a master’s degree. Maria Salcido, who lives in Wisconsin, filed the suit July 10 in Forrest County Circuit …
Residents of Berkshire and Franklin counties in Massachusetts who lost their jobs due to flooding or other damage caused by Tropical Storm Irene may be eligible for federal disaster unemployment assistance. The state Office of Labor and Workforce Development says …
A dispute over insurance payments is threatening to blow up the Catholic Diocese of Wilmington’s bankruptcy reorganization plan. Under the plan, the diocese, its parishes and affiliated entities, would be released from legal claims related to priest sex abuse in …
A report from A.M. Best concludes that the Canadian insurance industry “continued to improve in 2010, exhibiting strong capitalization and favorable overall profitability, aided by Canada’s relatively strong economic recovery. Although the life insurance industry is on firmer ground, its …
