Pennsylvania Insurance Commissioner Joel Ario has announced a $40 million settlement with Deloitte & Touche LLP in connection with the firm’s auditing services for Reliance Insurance Co., which got into financial trouble and was taken over in 2001. The settlement …
A mother of three says a Brooklyn hospital and ambulance workers didn’t properly treat a potentially deadly bacterial infection that left her legally blind and a quadruple amputee. Tabitha Mullings filed notice Thursday that she plans to sue the hospital …
An Iranian-born U.S. citizen has filed a federal lawsuit against Sears claiming his supervisor at the store where he worked called him a terrorist, slurred him racially and denounced his religious views. Twenty-eight-year-old Kaveh Khansar Nejad of Augusta, Maine — …
Retired Justice Sandra Day O’Connor, hearing cases in a federal appeals court last week, asked why the Labor Department does not lower worker exposure to a known carcinogen. The advocacy group Public Citizen wants the government to reduce the exposure …
A new study by the Insurance Research Council (IRC) estimates that claim fraud and buildup added between $4.8 billion and $6.8 billion in excess payments to auto injury insurance claims closed with payment in 2007. The excess payments amount to …
Federal prosecutors in Boston say hundreds of immigrant workers were sent on asbestos removal jobs without required training by a Massachusetts woman convicted of falsifying their records. The U.S. Attorney’s office announced Thursday that 39-year-old Albania DeLeon of Andover was …
Standard & Poor’s Ratings Services has affirmed its ‘BBB+’ counterparty credit and senior unsecured debt ratings on Aon Corp. and has removed the ratings from CreditWatch, where they had been placed with negative implications on Aug. 22, 2008. The outlook …
The U.S. Geological Survey says a small earthquake occurred Nov. 22 in central Arkansas just before 6:30 p.m. The USGS says the quake, which hit about six miles northeast of Hot Springs Village, had a preliminary magnitude of 2.3. Dispatchers …
One man has died of injuries from a Tyler, Texas, oil refinery explosion and fire. Forty-nine-year-old James Dale Sharman died on Nov. 21, his mother, Christine Sharman, told The Associated Press. A spokeswoman for Parkland Memorial Hospital in Dallas says …
The 2008 hurricane season came very close to presenting, on a large scale, the potential quandary caused by successive losses. On Sept.1, 2008, Hurricane Gustav came ashore and caused substantial damage from the Louisiana coast on inland, although not to …