September 29, 2011
Washington D.C.’s Metro has filed a lawsuit seeking more than $13 million from its insurance company, claiming that it has failed to pay costs and extra expenses in connection with the 2009 rail crash that killed nine people. The lawsuit …
September 29, 2011
Officials say an insurance company is not renewing Shelby County’s policy protecting against financial crimes, a move that stems from an alleged embezzlement scheme at Chancery Court that led to $1 million in losses. Travelers Insurance told the county in …
September 29, 2011
Three lawsuits against fraudulent home repair businesses accused of cheating Chicago area homeowners out of more than $600,000 for repairs never completed have been filed by the Illinois Attorney General’s office recently. The lawsuits were filed in Cook County Circuit …
September 29, 2011
NASA has pinpointed where its now famously falling satellite landed, and unless you are an insurer of someone who lives in the middle of the Indian Ocean between the coast of African and the Antarctic, your worries are over. According …
September 29, 2011
A coalition of business groups is using an advertising campaign to try to persuade Louisiana’s legislature to limit lawsuits including over asbestos injury claims. Two organizations representing a list of business lobbying groups and others are putting $70,000 into 30-second …
September 29, 2011
An Indiana law that caps the state’s liability for damages at $5 million for a single event violates the U.S. and state constitutions and should be thrown out, six plaintiffs suing over the deadly collapse of an Indiana State Fair …
September 29, 2011
One county in Florida has decided not to wait on state lawmakers’ promise to address the insurance fraud and fix the state’s automobile no-fault law. It has passed its own ordinance to crack down on fraudulent medical clinics. The Hillsborough …
September 29, 2011
The Dixon Ticonderoga distribution center and imprinting plant in Macon faces a $64,000 penalty from the federal Occupational Safety and Health Administration. The agency says it found 11 serious safety violations and five serious health violations. The Telegraph reports that …
September 29, 2011
Property insurer Chubb Corp Wednesday warned it would report up to $475 million in pretax catastrophe losses in the third quarter, most of it coming from late August’s Hurricane Irene. Chubb said $300 million to $375 million of the $400 …
September 29, 2011
Federal authorities say an eastern Pennsylvania company is recalling about 5,550 pounds of pureed pork products that may contain foreign materials. The U.S. Department of Agriculture’s Food Safety and Inspection Service said Monday that the recall by K. Heeps Inc. …