September 5, 2013
A federal grand jury has indicted a former Logan, Va., city councilman and three others on claims they purchased a vacant building, inflated its worth on an insurance policy and burned it down. Indictments unsealed on Tuesday name former councilman …
September 5, 2013
For many firms, losing significant revenue and profit to employee theft has been a cost of doing business. But a new study from Washington University in St. Louis finds that information technology monitoring is strikingly effective in reducing theft and …
September 5, 2013
Effective subrogation requires a thorough understanding of some of the more confusing legal terms we must all work with. Matthiesen, Wickert & Lehrer, S.C. has compiled a list of the various laws in every state dealing with whether the state …
September 5, 2013
State Farm is spending $1.8 million to sponsor tow trucks that rescue motorists who are stranded on the Illinois Tollway. WJBC Radio reports the three-year sponsorship is the first of its kind of the northern Illinois road system, which includes …
September 5, 2013
Federal regulators want to fine a St. Louis, Mo., steel manufacturer nearly $52,000 after finding more than two dozen safety violations in an investigation spurred by a worker’s electrocution. The U.S. Department of Labor’s Occupational Safety and Health Administration reports …
September 4, 2013
The Florida Supreme Court recently issued an important decision on the use of extrinsic evidence to resolve ambiguities in policy language. In Wash. Nat’l Ins. Co. v. Ruderman, No. SC12-323 (Fla. Jul. 3, 2013), the Florida Supreme Court answered a …
September 4, 2013
EagleView Technologies, Inc., an aerial imagery technology company, announced the acquisition of substantially all of the assets of Mobise, Inc., a software company focused on bringing desktop workflow to mobile applications. The asset acquisition highlights EagleView’s ongoing mission of providing …
September 4, 2013
Governments and the oil spill industry cannot effectively and ethically mitigate oil spills on the ocean, and this fact has a strong negative impact on the insurance industry. Significant oil spills are still common in the U.S. even though they …
September 4, 2013
KBR Inc. invoked federal laws shielding contractors during wartime in an effort to avoid a Texas trial over injuries claimed by troops who were exposed to toxic chemicals while guarding a work site in Iraq. KBR argued today before a …
September 4, 2013
Wells Media Group Inc. has launched a new print publication, Carrier Management Magazine, for property/casualty (P/C) insurance executives. This magazine launch follows the spring debut of the website, www.CarrierManagement.com, and its companion daily e-newsletter. The new quarterly Carrier Management Magazine …