December 6, 2010
The insurance industry is recovering from the economic crisis, but profits are nowhere near where they were prior to the crisis, and it will take California longer than other states to rebound, according to an industry economist. The property/casualty insurance …
December 6, 2010
Main Line roofers say they are taking it on the chin from Amish competitors, who are getting a significant amount of work in Philadelphia’s wealthy western suburbs. Keith McLean, a Paoli roofing contractor, said he lost a job this month …
December 6, 2010
The American Insurance Association (AIA) has commended the United States and Korean governments for successfully reaching agreement on the Korea-United States (KORUS) Free Trade Agreement, after “months of thoughtful negotiating between the two nations.” David Snyder, AIA vice president and …
December 6, 2010
The United States and South Korea welcomed a free trade deal reached after a three-year delay which U.S. President Barack Obama said would boost exports to South Korea by $11 billion and support at least 70,000 American jobs. An official …
December 6, 2010
An Alabama appeals court has ruled that a false and defamatory published statement can be libelous even if it accurately quotes a person making the claim, includes a denial and makes clear the allegation is unverified. The Alabama Court of …
December 6, 2010
The head of the Consumer Product Safety Commission told Congress last week that her agency is working to improve the safety of football helmets, as head injuries come under increasing scrutiny from the National Football League to youth football. The …
December 6, 2010
The U.S. Supreme Court said Monday it would decide if the largest sex-discrimination class-action lawsuit in U.S. history against Wal-Mart Stores Inc. can proceed, a case involving women workers who seek billions of dollars in damages. The nation’s highest court …
December 6, 2010
The Texas Supreme Court has put an end to a case involving the amount some hospitals marked up workers’ compensation-related bills under rules in effect until 2008, Texas Mutual Insurance Co. announced. In June 2010, the Texas Supreme Court declined …
December 6, 2010
The federal government’s new role in insurance regulation poses significant challenges and opportunities for the insurance industry, according to insurer trade group executives. The establishment of the Federal Insurance Office (FIO) is one of the few provisions under the Dodd-Frank …
December 6, 2010
Eric Dinallo, former superintendent of the New York Insurance Department, is joining the law firm Debevoise & Plimpton as a partner. Dinallo, who lost the state democratic primary nomination for attorney general earlier this year, will represent clients throughout the …