The June and July floods that gripped parts of the U.K. could cost insurers between £2.25 billion and £3.25 billion in total, according to latest estimates by Risk Management Solutions (RMS). Insured losses from the July flood are likely to …
A concrete supplier for Boston’s Big Dig tunnel has agreed to pay a $50 million settlement to end civil and criminal investigations into more than 5,000 truckloads of substandard concrete it delivered to the massive highway project, state and federal …
Edmond H. “Eddie” Smith IV, a flamboyant Alabama outdoorsman who was fitted with an electronic monitoring device and faces an order to pay more than $1 million in an insurance fraud case, has fled and may be in another country, …
A federal judge appointed two veteran Birmingham, Ala., attorneys to prosecute a prominent Mississippi attorney and his law firm for criminal contempt in a Hurricane Katrina insurance dispute. In an order made public July 27, U.S. District Judge William Acker …
A Mississippi insurance agent accused in a kickback scheme with a former Lafayette County supervisor has pleaded guilty to conspiracy under a plea deal in U.S. District Court. Ken Nowlin, of Ecru, avoids a federal trial with the deal and …
Next year’s federal Vioxx trials may focus on people who had strokes after taking the once popular painkiller, the judge assigned to handle pretrial matters in all 8,575 federal lawsuits said last Friday. “We may carve out five or six …
The Consumer Product Safety Commission could soon shrink to the point where it can’t effectively protect the public, veteran Commissioner Thomas Moore says. Many employees at the agency responsible for overseeing the safety of many thousands of consumer products are …
A Kansas City-area bank is seeking to seize almost $1 million in rides leased to the closed and bankrupt Wild West World, saying the insurance on them has lapsed. In a court filing last week, Overland Park-based Bank of Blue …
Florida Gov. Charlie Crist proclaimed July 26 “Get a Plan Day” by announcing the grand opening of Florida’s State Response Center in Orlando. Crist stressed the importance of disaster preparedness by joining a family as they purchased disaster supplies at …
Wilmington, DE – July 2007 – The Target Markets Program Administrators Summit announced today that Steve Forbes, publisher and former presidential candidate, will be presenting the keynote address this year at the group’s seventh annual program Summit in Tempe, Arizona. …