The plaintiff in the first lawsuit over the heartburn drug Zantac scheduled to go to trial has agreed to drop his case, according to his attorney and drugmakers named as defendants. Tuesday’s news came days after shares of GlaxoSmithKline Plc …
TORONTO – Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance costs, forcing them to raise property taxes or even cut services for residents. The increase in premiums, about 20% to …
New claims data released as part of the Farmers Insurance Seasonal Smarts Digest shows the potential for home insurance claims tied to liability and fire should be at the forefront of homeowners’ minds. Farmers data shows that liability- and fire-related …
New Mexico’s commuter rail service has received a free ride while taxpayers have shelled out nearly $8 million to settle damage claims against the Rail Runner Express, according to state records. The Rail Runner, until last month, didn’t pay premiums …
In the event of a mass-casualty accident involving the derailment of a crude-carrying train in a densely populated urban area, who would be responsible for the compensation for deaths, injuries, damage to property and environmental clean up? The short answer …
To keep up with its strong policyholder growth, GEICO plans to hire more than 475 new associates in 2014 in its regional office in Tucson. The GEICO Tucson office, which already employs more than 1,350 associates, is recruiting candidates for …
GEICO (Government Employees Insurance Company), a member of the Berkshire Hathaway family of companies, announced plans to expand its Tucson, Ariz., regional office by filling more than 200 new positions by the end of the year. The hires will include …
Liability claims for improper uses of Minnesota’s driver’s license database could reach several million dollars. Many cities, counties and state agencies involved in recent breaches are backstopped by insurance and rainy-day funds that would soften the blow of potential payouts. …
While the claims industry awaits guidance from CMS on future medical expenses on liability claims, some much needed help was provided to claims professionals when the Saving Medicare and Repaying Taxpayers, or Smart Act was signed into law. While there …
Initial results from a national perinatal improvement initiatives suggest hospitals can reduce harm to babies and mothers, and lower associated liability claims and pay-outs, through the use of high-reliability perinatal teams. Results from Phase 1 (2008-2010) of the Premier Perinatal …