The Illinois Department of Insurance has issued an order against Universal Casualty Company (UCC) for failing to adopt and maintain procedures for the prompt investigation and settlement of consumers’ claims. On Aug. 11, 2009, the department ordered UCC, an automobile …
Groups representing plaintiffs in car accidents are opposing General Motors’ attempt to quickly exit bankruptcy protection, arguing that hundreds of victims could be hurt by the government-led plan. U.S. Judge Robert Gerber approved a crucial step of the plan late …
A U.S. bankruptcy judge refused Tuesday to allow a group of individuals claiming to have been harmed by General Motors Corp vehicles to appeal directly to a U.S. federal appeals court against the sale of the automaker’s assets. Judge Robert …
American consumers assume they have the right to sue a company that has sold them a faulty product. In the upside-down world of bankruptcy — including the one General Motors is going through — those rights are not a given. …
Donald Forsythe and Fred Wilder, founders of Wilder-Forsythe Inc. insurance agency, picked an awful location to sell insurance. The small office building they bought in 1974 in the far-northern New York city of Ogdensburg sits on land, formerly a gas …
Carl Warren & Company, a liability claims management enterprise headquartered in Orange County, Calif., has hired Larry Warshaw as a client relationship manager and coverage analyst in Overland Park, Kan. Warshaw has nearly 20 years’ experience in the insurance industry. …
General Motors Corp. has agreed to take on responsibility for future product liability claims, removing what could have been a sizable roadblock on the automaker’s path to a quick sale of its assets and emergence from Chapter 11 bankruptcy as …
A provision that would release future owners of General Motors for product liability on cars sold prior to the company’s bankruptcy is being challenged by the attorneys general of eight states. GM’s bankruptcy filing, now working its way through a …
Florida Gov. Charlie Crist has signed into law a bill that amends the rules for reporting of professional liability claims by insurers and health care providers. The bill (SB 2252) also defines when a claim exists and sets forth a …
Consumer groups said Tuesday they filed a U.S. Supreme Court appeal challenging Chrysler LLC’s sale on the grounds the deal would leave the automaker free of current and future product liability claims. Five consumer groups and three individuals with pending …