June 26, 2009
A professional liability policy does not cover legal fees for patent infringement lawsuits brought by a competing company, a Pennsylvania appeals court has ruled. The ruling comes in response to a suit brought by Transcore, a company that makes technology …
June 26, 2009
Young motorboat drivers in North Carolina would be required to meet minimum boating safety education requirements in legislation approved by the House. The bill approved this week would obligate people under age 26 to complete an approved boating safety course …
June 26, 2009
Two Jefferson County, Alabama, employees have filed lawsuits claiming they became seriously ill with Legionnaires’ disease as a result of using a hot tub at an Oxford hotel. The lawsuits, filed last week in Calhoun County Circuit Court, say the …
June 26, 2009
The Equal Employment Opportunity Commission is suing retail giant Kmart for employment discrimination, alleging that the company fired an employee because he used a cane. The EEOC says the retailer violated the Americans with Disabilities Act by firing a greeter …
June 26, 2009
Bank of America Corp. was accused in a Manhattan federal lawsuit of discriminating against female brokers at the former Merrill Lynch & Co. by offering them lower retention bonuses than male counterparts. Thursday’s lawsuit seeks class-action status, and contends that …
June 25, 2009
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Plymouth Rock Assurance Group (PRAC), which includes the operations of Plymouth Rock Assurance …
June 25, 2009
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its U.S. subsidiaries. Best also affirmed the ICR of “bbb” of the parent holding company, …
June 25, 2009
U.S. Labor Department’s OSHA has cited three Baton Rouge, La.-based employers $112,000 for alleged asbestos violations. Louisiana Health Care Consultants LLC, Dean Building Holdings and Bob Dean Enterprises Inc. jointly were cited for three alleged willful and 10 alleged serious …
June 25, 2009
Fireman’s Fund Insurance Company (FFIC) has been denied a motion in a Texas state court that would have established that the company could control whether or not it would pay legal expenses in an asbestos-related case, according to the law …
June 25, 2009
San Antonio, Texas-based independent claims adjusting firm, IAS Claim Services, has added insurance industry veteran Pat Mikel as regional manager of the Houston office. At IAS, Mikel will oversee all client development and operations in the Houston region. Mikel brings …