A federal judge has ruled that a man who says he’s psychologically dependent and addicted to an online video game can proceed with some of his lawsuit against the game’s South Korean manufacturer. Craig Smallwood says “Lineage II” left him …
Five years ago, Hurricane Katrina caused an estimated 1,300 tragic deaths as well as $41.1 billion in insured losses across six states. Louisiana and Mississippi suffered the brunt of Katrina’s wrath followed by Alabama. As we commemorate this terrible event …
Federal officials have approved nearly $43 million in disaster assistance for seven Illinois counties hit by recent flooding. Carroll, Cook, DuPage, Jo Daviess, Ogle, Stephenson and Winnebago counties had major flooding from July 22 through Aug. 7. The Federal Emergency …
Ohio Department of Insurance Director Mary Jo Hudson reported that Dr. Stacey Royal of Perrysburg, Ohio, has been convicted of multiple felony counts, including insurance fraud, telecommunications fraud, theft and engaging in a pattern of corrupt activity. An investigation revealed …
A judge has thrown out a lawsuit filed by a Cedar Rapids, Iowa, corn milling company that accused two insurance companies of acting in bad faith for refusing to pay millions of dollars in claims from the devastating 2008 flood. …
A Covington, La., company has been hired to process applications for money from a $100 million fund set up by BP to help oil rig workers idled by a federal moratorium on new deepwater drilling in the Gulf of Mexico. …
Ford Motor Co. is recalling nearly 463,000 Windstar vans from model years 1998 to 2003 in cold-weather states due to the possibility that the rear axle may fracture due to corrosion, federal regulators reported Friday. The National Highway Traffic Safety …
Lawyers for Texas financier Allen Stanford and two accounting executives who worked for him sought to distance their clients Friday from the alleged financial wrongdoing insurer Lloyd’s of London cites as a reason to void a policy covering their defense …
Hurricane Earl has strengthened into a major Category 3 storm Monday and could arrive off the East Coast of the U.S. by the end of this week. It is currently rocking the Caribbean’s Northern Leeward Islands. The National Hurricane Center …
A.M. Best Co. has affirmed the financial strength rating of ‘A++’ (Superior) and issuer credit rating of “aa+” of French government backed reinsurer Caisse Centrale de Réassurance (CCR), both with stable outlooks. The ratings reflect CCR’s “superior risk-adjusted capitalization, good …