A Mississippi judge says a Pascagoula couple’s lawsuit against its insurer in a Hurricane Katrina damage did not qualify for punitive damages. On June 27, a Jackson County jury ruled that USAA insurance owed retired Navy Admiral James and his …
Texan Roland Paredez said that when he’s out in his boat, everyone -even the black Labrador puppy – wears a life jacket. His safety-minded outlook is one officials wish more Texans would adopt. Over the Fourth of July weekend, game …
Citing recent catastrophe losses and a rapid decline in the insurer’s equity portfolio, A.M. Best Co. has placed the financial strength ratings of A++ (Superior) and issuer credit ratings of “aa+” of The Cincinnati Insurance Companies (CIC) and its property/casualty …
Nebraska Beef Ltd. is expanding a recall announced on July 1 to include all 5.3 million pounds of meat it produced for ground beef between May 16 and June 26. Federal investigators have linked Nebraska Beef’s products to an outbreak …
The National Hurricane Center issued an advisory this morning that Bertha has developed into the season’s first hurricane in the open Atlantic Ocean. The center said Bertha is not an immediate threat to land. At 5 a.m. EST, the center …
Frasco Inc., the western U.S. insurance and corporate fraud mitigation services, hired Sam King to head its SIU and program management business units. King comes to Frasco from MJM Investigations where he served as the senior vice president of MJM’s …
Insurance fraud mitigation and claims investigative services MJM Investigations Inc. and Matrix Absence Management, a nationwide company that partners with employers to provide customized managementof Disability, Workers’ Compensation and Family Leave programs, formed a national partnership called the Matrix Absence …
A Penns Grove, New Jersey kindergartner let off at the wrong address will get $13,000 for the emotional distress it caused. The family of Jamar Johnson Jr. reached the settlement with the Wyshinski Bus Service after the 5-year-old boy was …
Health advocates and Rhode Island officials say it will be much harder to eliminate childhood lead poisoning after the state Supreme Court overturned a landmark jury verdict that could have led to a multibillion-dollar cleanup of lead paint. The court’s …
Des Moines, Iowa-based EMC Insurance Group Inc. says Midwest storm losses will reduce its profit for the year. The property and casualty insurer is lowering its guidance to a range of $1.20 to $1.45 per share from the previous range …