U.S. environmental groups filed a suit Wednesday against British-based oil giant BP Plc saying the world’s worst offshore spill inflicted “ongoing unlawful” harm on endangered wildlife in the Gulf of Mexico. The suit is one of thousands of damages cases …
CNA Financial Corp. has appointed Rob Huber to the position of Southeastern Zone officer. In this role, Huber is responsible for aligning the branch structure of the global insurer’s Southeastern Zone with its strategy to drive profitable growth. One of …
Montgomery Insurance Co. Regional Vice President Nancy Newmister has been named the Independent Insurance Agents of North Carolina’s (IIANC) Company Professional of the Year. The award was presented to Newmister during the IIANC’s annual conference held recently in Asheville. IIANC …
In the rush to get compensation from BP after its massive oil spill, the $20 billion fund that the company created has been inundated with questionable documentation, inflated claims and in some cases, outright fraud – all slowing down the …
1,394 The number of miners participating in a settlement with Dow Chemical Co. and Flexible Products Co. in an Alabama court over the miners’ claims they were exposed to hazardous chemicals. The surprise settlement came at Tuscaloosa Circuit Court just …
Huge jury verdicts, once potent political issues in a state known as “tort hell,” are getting little mention in this year’s race for Alabama governor. Dr. Robert Bentley, the Republican nominee, has called for limits on medical malpractice suits, but …
IMS, London American Risk Specialists IMS Insurance Market Solutions acquired Houston-based London American Risk Specialists Inc. effective Sept. 1, 2010. The combined entity will become IMS/London American and will be one of the largest independent multi-line managing general agencies in …
A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. An agreement was reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall …
U.S. states can proceed with a lawsuit seeking to overturn President Barack Obama’s landmark healthcare reform law, a Florida judge ruled Thursday. U.S. District Judge Roger Vinson had said at a hearing last month that he would block efforts by …
Austin, Texas-based NSM Insurance Group has hired Jimmy Squires as business development manager for south Texas, Alabama, Arkansas, Louisiana, Missouri, Mississippi and Tennessee. Squires has more than 20 years experience with carriers and managing general agencies in both senior marketing …
