January 15, 2008
The Virginia Supreme Court is expected to rule this spring on case that would spare tax-exempt physician foundations from malpractice suits because of their charitable care for the poor. Parties in the debate call it the most significant matter taken …
January 15, 2008
Panic spread through the audience as quickly as the flames devouring the highly flammable stage curtains. Nearly 400 people had packed the Boyertown, Pa. opera house to watch or perform in a play called “The Scottish Reformation.” Now all of …
January 15, 2008
Florida authorities are investigating the explosion of a 28-foot boat in an Aventura marina Sunday. Its owner, whose name has not been released, was hospitalized with burn injuries. The fire started after he tried to start up the pleasure boat …
January 14, 2008
Commercial lines insurance premiums continued to tumble during the fourth quarter of 2007, according to the RIMS Benchmark Survey, an industry survey of policy renewal prices as reported by corporate risk managers. Despite concerns about losses arising from the continuing …
January 14, 2008
Police in New York have arrested a computer consultant who is charged with fraudulently printing an insurance certificate from an agency’s computer and using the document for his part-time snowplowing business. Joseph Mori, 43, of Fishkill, has been charged with …
January 14, 2008
Property casualty insurance insiders predicted 2008 will be a year of marginal growth as continued pricing competition will keep premiums low and profits lower, although that could quickly worsen if a natural catastrophe strikes. Those predictions – which follow two …
January 14, 2008
The city of Los Angeles spent millions of dollars settling lawsuits that could have been avoided if effective risk management programs had been in place, according to an audit. City Controller Laura Chick said the city spent $35 million on …
January 14, 2008
Two lawsuits alleging dioxin from a former Monsanto Co. plant contaminated residential properties and streams will be tried as class-action cases. According to court documents, Putnam County, W.Va. Circuit Court Judge O.C. Spaulding certified the lawsuits against Monsanto as class-action …
January 14, 2008
Three law firms have filed a class-action lawsuit on behalf of victims of the Fernley flood — the second such complaint in two days. In their suit filed in Lyon County District Court in Yerington, Nev. the Reno firms of …
January 14, 2008
A longtime baseball fan is suing the New York Yankees over some players’ reported use of performance-enhancing drugs, saying he wants repayment for $221 in tickets and a public response from his once-beloved team. “I look at it almost as …