Shares of American International Group fell as much as 8 percent Thursday on concern the world’s largest insurer could face larger-than-expected losses from a credit derivatives portfolio that has already led it to $11 billion in write-downs. “AIG believes economic …
An aviation fueling company with headquarters in New York has agreed to pay nearly $1.9 million to black and Hispanic workers at the Dallas-Fort Worth International Airport who said they were taunted with hangman’s nooses, racist cartoons and other racial …
Texas Mutual Insurance Company reported that a Travis County court sentenced Donald Miller of Yoakum on workers’ compensation fraud-related charges. Miller received one year of probation and was ordered to pay $2,132 in restitution to Texas Mutual, plus a $500 …
A California judge has dismissed a lawsuit filed against Robert De Niro by an insurance company that claimed he misrepresented his health for a movie role. Fireman’s Fund Insurance Co. insured the film “Hide and Seek.” The company claimed the …
The imbalance in the supply and demand for physicians — often tied to rising costs of medical malpractice liability insurance — will continue to intensify as the U.S. population continues to grow faster than the physician workforce. In addition, pressure …
A judge has awarded civil damages of more than $881,000 in the case of a teenage driver involved in a Ransom County crash that killed another teenager two years ago. Southeast District Judge Daniel Narum ruled that Dillon Kron of …
Potential fines would increase tenfold and the age of amusement park ride operators would rise under a bill the Kentucky Senate has passed unanimously. The action follows an accident at Six Flags Kentucky Kingdom last year in Louisville that severed …
Scientists say it was a small earthquake that shook houses in Chester, Connecticut and surrounding towns earlier this week. The U.S. Geological Survey says it recorded a 2.0 magnitude earthquake early Tuesday morning three miles northwest of the center of …
A Danvers, Mass. chemical plant that exploded in November 2006 was storing at least twice the combustible substances it was permitted to keep, according to a report released this week. The facility was licensed by the town to store 12,000 …
Workers’ compensation costs per claim in Massachusetts were typical among 14 study states, but grew rapidly in four out of five study years, including a nearly 10 percent increase in 2005 claims evaluated in 2006. The study by Cambridge, Mass.-based …