More than 100 property owners, businesses and residents have filed complaints or insurance claims for damage they say was caused by Big Dig construction, according to a published report. The $14.6 billion project’s neighbors blame the Big Dig for millions …
The March 25 deadline, set by the Alabama Department of Insurance for insurers to settle Hurricane Ivan-related claims or report to the department why they have not been settled, has passed and according to a DoI spokesman, unsettled cases are …
The various investigations of giant insurer American International Group are continuing to take their toll. Maurice “Hank” Greenberg will step down as Chairman of American International Group’s Board of Directors later this week, ending his more than 40-year relationship with …
Florida’s Chief Financial Officer Tom Gallagher has announced that due to overwhelming responses at the four town hall meetings held so far, three additional town hall meetings have been scheduled in April. Gallagher decided to sponsor town hall meetings in …
A severe earthquake, measuring 8.7 on the Richter Scale, struck several Islands off the Northwest Coast of the Indonesian Island of Sumatra at around 11:15 p.m. local time (11:15 a.m. EST) causing heavy damage and loss of life. The most …
According to news reports, Lloyd’s Equitas has reached a $415 million settlement of asbestos claims with McDermott International Inc., the parent company of Babcock & Wilcox, one of the world’s largest makers of steam generators. The settlement would be Equitas’ …
An apprentice technician who received burns on 60 percent of his body after an electrical explosion, settled a lawsuit this week against engineering contract firm Fluor Corp. and technology powerhouse IBM Corp. Fluor’s insurance companies will pay $9.5 million in …
Fireman’s Fund Insurance Company announced that it will provide Identity Theft Restoration Services nationally, offering customers access to a personal counselor who can help identity theft victims with the legal and logistical burden of putting their lives back together. This …
Texas Mutual Insurance Company reported that RBH Enterprises Inc. of Keller, Texas, recently pleaded guilty to a first-degree felony offense for workers’ compensation insurance fraud-related charges. Judge Julie Kocurek of the 390th Travis County District Court ordered the company to …
Legislation that would require repeat drunken drivers to have alcohol detection devices installed in their vehicles before they could regain their driver’s licenses has cleared the House and now awaits action in the Oklahoma Senate. House Bill 1304, by Rep. …