June 20, 2008
Four Ohio parents have filed a federal lawsuit against makers of baby bottles, claiming the bottles were made from a harmful chemical that sparked congressional hearings and prompted the world’s largest retailer to phase out the products. The complaint filed …
June 19, 2008
A congressional proposal to create a national “catastrophe fund” to help states recover from natural disasters has put Republican presidential hopeful John McCain at odds with a handful of GOP governors — including two state chief executives frequently mentioned as …
June 16, 2008
Insurance broker Aon Corp. reported that the five government agencies to its 2005 regulatory settlement agreement agreed to an amendment that will permit companies it acquires to continue to accept contingent commissions for a limited time. Under the amendment, a …
June 16, 2008
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Custom Home Builders Market Detail: Lemac & Associates, a division of Risk Placement Services Inc. …
June 16, 2008
A town official in Colchester, Connecticut says a fire that destroyed a building at a car recycling business Friday was caused by a 55-gallon drum of waste fuel that ignited when a car fell off a lift and knocked the …
June 16, 2008
$1 Million Amount earned by participants in an alleged Philadelphia insurance fraud scheme involving former police officers, doctors, lawyers and others. Police say the scheme, which involved staging auto accidents, used six claimants per vehicle to maximize claim and settlement …
June 16, 2008
Declarations “I’m bitterly disappointed in the lack of a result.” — Connecticut Prosecutor John Malone commenting on the mistrial against David Wilcox. Wilcox, a 72-year-old trucking company owner, stands accused of insurance fraud for trying to reinstate insurance on a …
June 16, 2008
Lawyers for a Connecticut psychiatrist who was sued for malpractice should have revealed to her doctor co-defendant a secret settlement that hinged on the outcome of the trial, the state’s Supreme Court ruled. The case centered on the death of …
June 16, 2008
Insurance broker Aon Corp. reported that the five government agencies to its 2005 settlement have agreed to an amendment that will permit companies it acquires to continue to accept contingent commissions on existing business for three years following their acquisition …
June 16, 2008
Thomas F. Motamed has stepped down as vice chairman and chief operating officer for The Chubb Corp. to become chairman and chief executive officer of CNA Financial Corp., a position he will assume as of June 8, 2009. Motamed worked …