May 27, 2008
Chubb is offering California homeowners extended replacement cost settlement after a total loss to a home, even if the customer chooses not to rebuild at their home’s original site. After a total loss to a home, the decision to rebuild …
May 27, 2008
IBA (Insurance Brokers and Agents) of San Fernando Valley named Dawn Abasta president of the association for 2008. Abasta, who works for Santa Clarita, Calif.-based L/B/W Insurance & Financial Services, started in the insurance industry in 1991. In 1994, joined …
May 27, 2008
While most of the country was celebrating Memorial Day with picnics and parades, people in two states were fighting to stay alive. A town official says a 2-year-old child has died and 20 are missing after a severe storm swept …
May 27, 2008
Boating deaths in Michigan reached a 5-year high last year, according to the Michigan Association of Insurance Agents. The report said 35 Michigan boaters were killed last year. That was up from 29 in 2006, though down from the 38 …
May 27, 2008
Federal prosecutors Friday recommended Melvyn Weiss, the long-reigning king of multibillion-dollar U.S. class action litigation, spend no more than 33 months in jail for paying secret kickbacks to clients. Weiss, 72, pleaded guilty to a single federal racketeering charge in …
May 27, 2008
A Kentucky trucking company that was involved in a school bus crash that killed one student and injured 12 people has violated federal and state safety regulations, a newspaper reported. A review by the Kentucky Vehicle Enforcement agency found eight …
May 27, 2008
A circuit judge has approved settlements totaling more than $10 million in nine more malpractice lawsuits that accused a former West Virginia doctor of harming patients. Lawyers for Putnam General Hospital and the hospital’s parent company, Hospital Corporation of America …
May 27, 2008
A West Virginia teenager suing a Roman Catholic Diocese claiming he was sexually abused has added a service organization to his lawsuit, his lawyer says. The Clarksburg teen, who was not identified in court papers, is seeking damages from the …
May 27, 2008
State Farm and several smaller Northwest-based auto insurers continue to be among the best at taking care of their customers after an accident. And some of the other larger, best-known insurers –including Progressive, Allstate, Safeco and Farmers Insurance — are …
May 27, 2008
The U.S. housing crisis has caused huge loan losses at big lenders but also spawned a slew of class-action lawsuits against them, many alleging noncompliance with consumer disclosure rules. “The compliance issue is a ticking time bomb for some lenders,” …