Minnesota’s Stearns County’s insurance trust has paid $350,000 to a man who was shot in the back by a sheriff’s lieutenant during a drug bust. John Albert Sorensen had sued the county and now-retired Lt. David McLaughlin, alleging excessive force. …
Prosecutors in Florida have decided not to use alcohol breath-test results in about 100 current driving under the influence (DUI) cases in Sarasota and Manatee counties after learning about problematic breath-test machines. The announcement came after the Herald Tribune reported …
Hospitals and hospital groups should seek clarity from their malpractice insurers on the loading applied to premiums to account for claims inflation, according to Lloyd’s insurer Beazley. Specialist insurer Beazley is advising that applying an across-the-board annual percentage loading to …
A lawsuit filed by residents in southeastern Kentucky blames a mining company’s surface mining practices for stoking a flood that killed a man and damaged homes in Knox County this summer. The suit against Nally & Hamilton Enterprises includes more …
The widow of an Iraq war veteran from Tennessee claims in a lawsuit that the Veterans Affairs was negligent in failing to diagnose and treat his post-traumatic stress disorder before he committed suicide in 2008. The suit filed in federal …
Florida residents covered through the state’s largest homeowner insurer will soon pay more for coverage after the insurer ratified a number of rate hikes recently approved by regulators. The Citizens Property Insurance Corp. board of governors voted unanimously to approve …
U.S. securities regulators formally asked public companies for the first time to disclose cyber attacks against them, following a rash of high-profile Internet crimes. The Securities and Exchange Commission issued guidelines Thursday that laid out the kind of information companies …
European insurers AXA SA, Assicurazioni Generali SpA, Japan’s Tokio Marine and MS&AD Insurance Group are among suitors to submit first round bids for HSBC’s non-life insurance business, sources with knowledge of the matter told Reuters, in a deal worth about …
Catastrophe modeling firm AIR Worldwide, estimates that insured losses caused by Hurricane Jova from flood-induced damage, as well as from some isolated wind damage along Mexico’s southern coastal areas, will be “less than MXN 700 million ($52 million),” assuming an …
Standard & Poor’s Ratings Services announced that it has lowered its rating on Mariah Re Ltd.’s Series 2010-1 notes to ‘CC(sf)’ from ‘CCC(sf)’ and removed the rating from CreditWatch, where it was placed with negative implications on Oct. 4, 2011. …
