Following a small blizzard of consumer complaints filed with her office in the past two months regarding a Cook County home repair and construction company, the office of Illinois Attorney General Lisa Madigan has filed a lawsuit against the company …
Halliburton announced on Tuesday that the company has completed the funding of the asbestos and silica settlements for its subsidiaries that had filed chapter 11 proceedings. Halliburton paid today the final cash installment of the $2.775 billion used to fund …
Cunningham Lindsey U.S. Inc. (CLUS), headquartered in Dallas, announced the addition of Darryl McDonald as vice president and regional manager. McDonald will be based in Dallas with full operational responsibility for a multi-state, South Central Region. He joins the firm …
Freshman Oklahoma lawmaker, State Rep. Ryan McMullen, D-Burns Flat, recently filed several proposals addressing workers’ compensation reform in that state. McMullen announced the introduction of three bills he believes will significantly reduce the cost of workers’ compensation insurance. McMullen is …
Visibillity Inc., a collaborative litigation management solution provider for the insurance industry, announced that Pennsylvania-based claims management company, Vertical Claims Management LLC (VCM) has signed a multi-year contract extension to handle its growing business. A Visibillity client since 2003, VCM …
Guy Carpenter & Company Inc., Marsh & McLennan’s reinsurance specialist, has released its comprehensive Marine & Energy Reinsurance Review Report 2005, which identifies key influences driving decision-making in the marine and energy reinsurance marketplace. “The 2005 report highlights issues regarding …
A month after the devastating tsunamis struck Southeast Asia the death toll continues to rise. The latest figures from Indonesia’s Health Minister Fadilah Supari, as reported by the BBC, now estimate that at least 220,000 people perished on the island …
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of Winterthur Swiss Insurance Company and its core subsidiary, Winterthur Life Insurance Company, collectively known as Winterthur Group (Winterthur). Best also said it has assigned an issuer credit …
New Jersey Attorney General Peter Harvey announced that the former owner and chief executive officer of a now-defunct Camden mental health counseling center has been sentenced to state prison after being convicted of submitting more than $137,900 in fraudulent bills …
Advanced Environmental Recycling Technologies Inc., a provider in composite building materials technology, announced that the company has been sued by certain underwriters at Lloyd’s, London (“Lloyd’s”) in connection with a pending final settlement of AERT’s Junction, Texas fire claim. Lloyd’s …