New York’s highest court Wednesday said it was legal for residents of the state to take out life insurance on themselves and immediately sell the policy, a ruling seen as having substantial implications in the so-called “life settlement” market. A …
Accidents in grain silos, storage bins and other facilities killed and injured a record number of workers through October this year, a study by Purdue University showed. The October study showed 46 deaths and injuries so far in 2010, exceeding …
A lawyer for the plaintiffs says attempts to settle a long-running water pollution lawsuit against Massey Energy Co. have failed. Two judges on West Virginia’s mass litigation panel have been trying to mediate a settlement with Massey and its army …
Celebrity wrestler Hulk Hogan’s attorneys have added his ex-wife as a defendant to a lawsuit against his insurance broker for allegedly failing to adequately protect his fortune. The lawsuit claims Wells Fargo Insurance Services should have protected Hogan with an …
Insurance Network of Texas is one of Baylor University’s Institute for Family Business 2010 Texas Family Business of the Year award finalists. The independent agency was among the finalists for this award along side a select group of top Texas …
The National Transportation Safety Board is faulting Massachusetts for not doing enough to combat what they call “hardcore” drunken drivers. The NTSB said Massachusetts is among 10 states in the country that have adopted four or fewer of 11 drunken …
The Hartford announced plans to invest $7 million over five years to help redevelop the Asylum Hill section of Hartford, Connecticut, headquarters to the insurer for nearly a century. That investment includes $2 million to help the city purchase and …
A pioneering black political leader in Charlotte has died. Long & Son Mortuary Service said Rowe Motley died last Friday at age 84. Motley was the first black commissioner in Mecklenburg County, serving in the 1970s. He was also North …
A government audit of the Tennessee Department of Commerce and Insurance (TDCI) has found that the agency has managed to reduce costs and operate efficiently during the economic downturn. In fact, the state Comptroller’s audit found no issues with how …
For many years it has been generally understood by agents, insurers and insureds that Certificates of Insurance are very limited in their purpose. That view may be under assault in Texas. Generally, a Certificate of Insurance is a summary document …
