The class action landscape changed in an instant when the U.S. Supreme Court decided to review a mammoth sex discrimination lawsuit against Wal-Mart Stores Inc. Even though a ruling likely will not come for months, some class-action lawsuits against other …
Lauderdale County, Ala. jurors have awarded $5 million in damages to a woman who suffered life-threatening injuries in a 2004 arson fire. The TimesDaily newspaper reported that 20-year-old Karrie Hayes testified during the civil trial that she still suffers pain …
A Missouri appeals court has ruled that the state can lay off three workers’ compensation administrative law judges who challenged the state’s decision to scrap their positions as part of state budget cuts. The state Department of Labor and Industrial …
Georgia’s largest health insurer has such a strong hold on the market that hospitals can’t make better deals with other insurers, which is raising flags for the state’s insurance commissioner. A routine clause in the contract that Blue Cross Blue …
Saying the health of the planet is at stake, U.N. Secretary-General Ban Ki-moon urged 190 nations meeting in Mexico on Tuesday to agree to steps to fight climate change that fall short of a perfect deal. “We cannot let the …
Swiss Re’s Economic Forum singled out three main factors that will continue to affect the re/insurance market in 2011. The Forum’s economists forecast “continued global economic expansion in 2011, led by emerging markets; insurers’ profitability will remain under pressure amid …
A California Assemblyman has proposed a bill aimed at preventing pipeline explosions like the natural gas blast that killed eight people in Northern California. A bill introduced by San Mateo Assemblyman Jerry Hill would require utilities to share their emergency …
An upstate New York prosecutor who charged a Florida pharmacy in 2007 with selling anabolic steroids to pro athletes and entertainers is being sued for $75 million by the pharmacists, who claim defamation and false arrest with their indictments now …
Catlin Group Limited, the international specialty property/casualty insurer and reinsurer, announced that its reinsurance subsidiary, Catlin Re Switzerland Ltd. has received approval from the Swiss Financial Market Supervisory Authority (FINMA) to operate as a reinsurance company. Catlin announced the Company’s …
Arkansas Insurance Commissioner Jay Bradford has selected Dr. Lowell Nicholas as Insurance Deputy Commissioner at the Arkansas Insurance Department. Dr. Nicholas will oversee the department’s Health Insurance Rate Review Division. Dr. Nicholas will report directly to the Commissioner and will …
