Monthly Archives: <span>May 2008</span>

London’s City Risks Floods

The City of London – a roughly one square mile area along the north bank of the Thames – is the heart of the UK’s financial and insurance industries. So when Aon warned that the area is at risk from …

Tornadoes Kill 1 Child in Minnesota; Iowa Twister Kills 6

While most of the country was celebrating Memorial Day with picnics and parades, people in two states were fighting to stay alive. A town official says a 2-year-old child has died and 20 are missing after a severe storm swept …

Agents Say Michigan Boating Deaths Hit 5-Year High in 2007

Boating deaths in Michigan reached a 5-year high last year, according to the Michigan Association of Insurance Agents. The report said 35 Michigan boaters were killed last year. That was up from 29 in 2006, though down from the 38 …

Prosecutors Seek Jail Term for Former Trial Attorney Weiss

Federal prosecutors Friday recommended Melvyn Weiss, the long-reigning king of multibillion-dollar U.S. class action litigation, spend no more than 33 months in jail for paying secret kickbacks to clients. Weiss, 72, pleaded guilty to a single federal racketeering charge in …

West Va. Judge OKs Hospital Settlements with 9 More King Patients

A circuit judge has approved settlements totaling more than $10 million in nine more malpractice lawsuits that accused a former West Virginia doctor of harming patients. Lawyers for Putnam General Hospital and the hospital’s parent company, Hospital Corporation of America …

Wrongful Death Lawsuit Filed over W. Va. University Worker’s Fall

The widow of a West Virginia University employee who died after falling off the football stadium’s roof is suing the university. Bruce Mathieson died July 19, after he slipped and fell 32 feet off the Milan Puskar Stadium while trying …

Civic Clubs Added to West Virginia Church Abuse Lawsuit

A West Virginia teenager suing a Roman Catholic Diocese claiming he was sexually abused has added a service organization to his lawsuit, his lawyer says. The Clarksburg teen, who was not identified in court papers, is seeking damages from the …

Lawsuits Against Lenders Accelerate Amid U.S. Housing Crisis

The U.S. housing crisis has caused huge loan losses at big lenders but also spawned a slew of class-action lawsuits against them, many alleging noncompliance with consumer disclosure rules. “The compliance issue is a ticking time bomb for some lenders,” …

Why More Auto Insurance Leads are better

As an insurance agent, what makes your business go round? If you are like most, your answer is undoubtedly “insurance leads.” When it comes down to it, there is no going wrong if you continually gather leads. Auto insurance agents …

Insurance Funds, Donations to Restore Virginia Confederate Soldier Statue

Almost a year after an errant driver toppled a statue of a Confederate soldier in front of the Franklin County (Virginia) Courthouse, officials are a few steps closer to replacing the statue. Police believe a seizure may have been what …