Ogden, Utah, officials are expecting a $2.5 million insurance settlement for a fire that destroyed a building the city had offered for sale at a fraction of that amount. The cause of the March 11 fire that destroyed the 100-year-old …
Members of the Association of California Insurance Companies (ACIC) in Sacramento have re-elected their officers for a one-year term. Cinda Smith, senior counsel with Geico, was re-elected chair of the board of directors; Carry Cheldin, president of Crusader Insurance Co., …
NAS Insurance Services, Encino, Calif., has added new features to its Miscellaneous Medical Malpractice Insurance program, including deductibles as low as $1,000. The program features limits of $1million per claim/$3 million aggregate. It is also available in a combined program …
The Supreme Court has made it more difficult for investors to join forces to file high-stakes fraud lawsuits against companies. The 8-0 decision handed down on March 21 blocks state class-action lawsuits by stockholders who contend they were tricked into …
Defendants accused in the overturning of a boat that killed 20 elderly tourists last year on an Adirondack lake in New York argued in court papers they weren’t at fault and the accident was caused by events beyond their control. …
More than 40 years after “Unsafe at Any Speed” shook up the auto industry, Ralph Nader is returning to his roots. The longtime consumer advocate and former presidential candidate contends the auto industry has failed to push technology that could …
The Health Care Commission of the Louisiana Department of Insurance and the Louisiana Health Care Alliance (LHCA) will co-sponsor a health care symposium: “A New Vision for Health Care” on April 18. The day-long symposium will convene in the Department …
Without debate, the Oklahoma House passed an $8.9 million firefighter funding bill March 28 but may not have put to rest the political feud over how to replenish rural volunteer fire department budgets and equipment depleted by wildfires. The House …
A Louisiana attorney has been sentenced to eight years in prison for charges stemming from the misuse of his clients’ insurance money and his failure to pay more than $100,000 in restitution. Keith Labat, of Thibodaux, pleaded guilty in January …
Dallas-based GAINSCO Inc. reported net income for the fourth quarter 2005 of $5.5 million. Net income available to common shareholders for the same period, after the accretion of the discount and the dividend on redeemable preferred stock, was $4.9 million, …
