April 13, 2007
The National Mining Association has asked a federal court to throw out a federal requirement that underground coal mines provide enough breathable air to keep trapped miners alive until they’re rescued. The association contends the federal Mine Safety and Health …
April 12, 2007
Years after it was filed, a sexual harassment lawsuit against the University of North Carolina women’s soccer coach has regained momentum as a former player challenges how harassment and the culture of college athletics could violate Title IX. In that …
April 12, 2007
E-mails sent by officials of an engineering firm that assessed Hurricane Katrina claims suggest that State Farm Insurance Co. wanted engineers to blame damage on flooding so that it could make minimum settlements with policyholders. The e-mails, obtained by The …
April 12, 2007
An engineer who testified at the trial for a Louisiana couple’s lawsuit against Allstate Insurance Co. said he wrote a report on the plaintiffs’ storm-damaged home without inspecting the property after Hurricane Katrina. Allstate refused to pay for much of …
April 11, 2007
Seattle-based Safeco isoffering BOP Access, a new commercial insurance businessowner policy that is designed to disentangle the insurance buying process for small businesses — such as restaurants and light manufacturers — that have above-average insurance needs. The product is designed …
April 10, 2007
Direct marketer AIG Auto Insurance announced it will pilot a Teen GPS Program for policyholders with teen drivers. The program uses Global Positioning System, or GPS, technology to allow parents of teen drivers to monitor the location of the teen’s …
April 10, 2007
The nation’s bank holding companies (BHCs) experienced a slight decline of 1.3 percent in their total insurance revenue from $44.1 billion in 2005 to $43.5 billion in 2006. Citigroup, Inc. (N.Y.), Wells Fargo & Company (Calif.), Countrywide Financial (Calif.), HSBC …
April 10, 2007
Houston General Insurance Exchange announced that it will begin offering personal lines products – including coverage for automobiles, homes, condominiums, watercraft and personal liability – to Illinois consumers in May. Houston General Insurance Exchange is a property-casualty insurance carrier that …
April 10, 2007
After Hurricane Katrina demolished Robert and Merryl Weiss’ New Orleans-area home, they were paid hundred of thousands of dollars by their insurance company. But they say it isn’t enough. Jury selection began April 9 in the Weisses’ lawsuit against Northbrook, …
April 9, 2007
BOP, Beauty, Nail Salons Nuts & Bolts: Bass Underwriters has a new admitted program for BOPs targeting a varied selection of risks. The program will entertain such businesses as beauty and nail salons, clothing stores, convenience stores, electronic and video …