Some 67,000 child car seats manufactured by South Carolina-based Combi USA Inc., are being recalled because federal tests show the seats might separate from their bases in front-end collisions, the company said. In a release Monday, the Combi USA said …
The Vanguard Group, the nation’s second-largest mutual fund company, will pay $500,000 to settle a federal lawsuit alleging that management retaliated against a black employee who complained of race discrimination. Raymond Ross, a Vanguard employee since 1993, received favorable performance …
The new head of the National Hurricane Center says the big challenge for forecasters is predicting the intensity of hurricanes. Bill Read says there’s been a lot of improvement in track models in recent years. But he says intensity forecasts …
Elevator safety and licensing rules recommended by a recent legislative audit and passed by the West Virginia House disguise a bid by the industry’s union to preserve and enhance its share of the market, the bill’s leading opponent contends. Oracle …
San Diego, CA, 03/06/2008 – ARROWHEAD General Insurance Agency, Inc. has announced its independent property and casualty insurance agents errors and omissions product will be underwritten with an “A” (XIII) rated carrier by A. M. Best Company. Offered nationwide, it …
The Colorado Senate has given final approval to a bill that would increase the amount juries can award in some medical malpractice suits. Senate Bill 164 applies to cases where someone has been disfigured or impaired. It would allow them …
Risk Management Solutions released preliminary loss estimates, following an analysis of the insured exposure from Windstorm Emma (See IJ web site – https://www.insurancejournal.com/news/international/2008/03/04/87878.htm) RMS indicated that they would probably range from €300 million ($458 million) to €700 million ($1.068 billion). …
The Senate gave initial backing to a bill that would increase the amount juries can award in some medical malpractice suits, a move Republicans said could make doctors stop practicing and make health care more expensive. Democrats said the bill, …
Hurricane forecasters have improved their ability to track storms but need better estimates on their severity, so people will be better prepared to evacuate, officials said. “With track forecasting, we are making big gains,” said Bill Read, the new director …
A Bossier City, La., businessman recently was booked on two counts of insurance fraud and other charges for allegedly hiding thousands of dollars worth of equipment so he could make an insurance claim. John W. Dilts, 29, also faces two …