A Los Angeles jury recently ordered two construction companies to reimburse the government for $36.5 million in damages from a 2002 wildfire, in the largest such award and the first-ever damages for environmental harm, prosecutors said. Prosecutors had accused Merco …
Rainstorms could send huge flows of water laden with mud, rocks and other debris toward cities below steep slopes of the San Gabriel Mountains stripped bare by a wildfire near Los Angeles this summer, according to federal scientists. The U.S. …
10 The number of states now reporting an international mail fraud scheme involving a bogus letter said to be from Nationwide Insurance. Residents in 10 states have received counterfeit checks bearing the Nationwide name. Each check has been issued in …
California Insurance Commissioner Steve Poizner is indicating that he may not support the state Workers’ Compensation Insurance Rating Bureau’s (WCIRB) request to increase costs by 22.8 percent. Poizner said that small businesses cannot tolerate such an increase in this economy, …
Two men who claim thieves broke into their rental home in the ritzy coastal enclave of Pebble Beach and made off with millions of dollars worth of art have been named as suspects in the case. Monterey County Sheriff’s Cmdr. …
Alan Ring has joined National Contractors Insurance Co., Inc. (NCIC), a risk retention group, headquartered in Big Fork, Montana, as director of sales and marketing. Prior to joining NCIC, Ring was a regional manager for construction-related publications and affiliated online …
Powerful earthquakes may be a trigger for weakening geologic faults a half a world away, U.S. researchers said this week in a study that points to new ways to predict earthquakes. “Earthquakes are caused when a fault fails, either because …
It will be a tale of two winters in the United States — warmer and drier than average in the North and wetter and cooler in the South — thanks to El Nino, according to government forecasters. In its winter …
Brian Duperreault, president and CEO of Marsh & McLennan Cos. Inc., has extended his employment with MMC through January 2014. Duperreault has held this position since January 2008. Prior to joining MMC, Duperreault served as CEO and later chairman of …
A prominent art collector who reported stolen 11 original silk screen paintings by Andy Warhol has waived the insurance policy he owns to protect the art, authorities said Thursday. Collector Richard L. Weisman said he couldn’t take the thought of …
