Maryland News

Widower of Helicopter Crash Victim Files $7M Lawsuit

The widower of a volunteer paramedic who died in a 2008 Maryland State Police helicopter crash has filed a wrongful-death lawsuit against the federal government. It’s the second wrongful-death lawsuit filed as a result of the crash. Relatives of flight …

It Figures

$60 Million Reported price to be paid by Deutsche Bank for AIG’s building at 72 Wall St. to a consortium of owners, including a South Korean investment banking firm that purchased the building last year. The building comprises one of …

Deardorff Promoted to Underwriting Director at All Risks

Maryland-based wholesale brokerage All Risks Ltd. has promoted Deanna Deardorff, has been promoted to director of corporate underwriting. Deardorff, a 27-year veteran of the firm, has served as underwriter, team leader, unit manager and project manager for initiatives related to …

Second Indictment Charges Maryland Broker with $2.5M Theft

A New Jersey grand jury has indicted a Maryland insurance broker, his companies and an accomplice on charges they conspired to steal $2.5 million from the Perth Amboy school system, the state’s attorney general said. Insurance broker Francis X. Gartland, …

Wis. Supreme Court Sides with Physicians in Med Mal Trust Fund Fight

The Wisconsin Supreme Court has decided that the state’s taking of $200 million from the Wisconsin’s Injured Patients and Families Compensation Fund (IPFCF) to help balance the general budget was unconstitutional. The state must now pay back the full amount …

People

Paulette Lundy has been promoted to vice president of Human Resources for Maryland’s Injured Worker Insurance Fund (IWIF), a workers’ compensation insurer. She previously served as director of human resources at IWIF. Prior to joining the organization in 2007, she …

It Figures

$25 Million Amount sought in a wrongful death lawsuit that has been filed in connection with a 2008 shooting rampage in Virginia that left one man dead and two other people injured. The lawsuit was filed earlier this month in …

Declarations

Big Larceny “This is theft on a grand scale, targeting an assortment of institutions throughout the region.” —Pennsylvania Attorney General Tom Corbett, commenting on the arrest of Brian James Murray, CEO of the bankrupt Murray Insurance Agency, who authorities say …

Michigan Supreme Court Lifts Ban on Use of Credit Scores by Insurers

The Michigan Supreme Court has ruled that the administration of Gov. Jennifer Granholm exceeded its authority when it banned the use of credit scoring by insurance companies in the state. The decision means insurers in Michigan can continue to use …

Minor Earthquake Shakes Up U.S. Capital

Earthquakes are so rare in the Washington area that even a geology student wasn’t quite sure what was going on when a minor one hit early Friday. Was it a truck passing by? A low-flying plane? Gerasimos Michalitsianos, who will …