John and Anne Darwin were in trouble. Of that there is no doubt. But their plan for putting things right went extraordinarily wrong. Swamped by money problems and facing ruin, John Darwin cooked up a novel scheme early in 2002. …
Erie Insurance Group is welcoming the first chief executive officer to come from outside the company in its 83-year history. Terrence Cavanaugh takes over as president and CEO of Erie Insurance on July 29. He will be the company’s eighth …
A collaborative approach to risk by contractors, brokers, owners and insurers has helped secure the long-term viability of tunnelling schemes around the world, said delegates — including engineers, lawyers, contractors and owners — at a recent seminar hosted by Jardine …
A judge approved an $18.2 million settlement from the government for a Milwaukee family whose daughter suffered brain damage during birth at a federally funded clinic. The lawsuit was argued in U.S. District Court because the clinic where the birthing …
A device to prevent airplane fuel tanks from exploding must be installed on certain passenger jets and cargo planes, federal officials said, 12 years after such an explosion destroyed TWA Flight 800, killing all 230 people aboard. The new safety …
Texas Mutual Insurance Company announced a $51,257 dividend to the Emergency Service Organization (ESO) workers’ compensation purchasing group. The dividend was based on the group’s premium volume and loss ratio. Texas Mutual underwrites ESO, and VFIS of Texas/Regnier & Associates …
As wildfires erupt across Eastern Washington, state Insurance Commissioner Mike Kreidler urges homeowners needing help with their insurance claims to call the Insurance Consumer Hotline (800-562-6900). “Most insurance companies are very responsive after a disaster,” said Kreidler. “But sometimes people …
Tropical Storm Fausto is expected strengthen in the Pacific and forecasters said it could soon become a hurricane. According to the National Hurricane Center in Miami, the storm had maximum sustained winds near 60 mph early Thursday. The storm is …
The city of Billings, Montana may end up paying more than $1 million after a jury sided with a police officer in a discrimination lawsuit. The jury awarded officer Steve Feuerstein $1.3 million in July 2007. Now, Billings’ insurance carrier …
The number of newly laid-off people signing up for jobless benefits in the U.S. rose last week as companies keep work forces lean given the economy’s slowdown. The Labor Department reported new applications filed for unemployment insurance increased by a …