Tokyo Electric Power estimates it will have to pay 88 billion yen ($1.1 billion) in compensation for mental distress caused to people who were forced to leave their homes after the March quake and tsunami sparked a crisis at a …
Joseph Sellers is in the hole by about $7 million and does not expect to dig his way out any time soon. As lead counsel to the plaintiffs in the Wal-Mart Stores Inc. employment discrimination lawsuit tossed out by the …
If your company gets hacked, it may very well be your fault, and if your bank account gets broken into by digital thieves, you might be to blame too. The question, though, is whether you’ll ever actually be punished for …
Fewer Americans are getting medical coverage through their jobs than a decade ago but the 2010 U.S. healthcare law should help stabilize employer-sponsored insurance, two studies released Tuesday showed. The studies, sponsored by the non-partisan Robert Wood Johnson Foundation, will …
Massachusetts-based broker The Keating Group (tKg) has appointed John M. Grise vice president of professional liability. Grise, based in Southborough, will lead tKg’s professional liability team in the New England region. He joins tKg from a regional wholesaler where he …
European governments are trying to persuade banks and insurers to share the pain of a second Greek bailout package, in an attempt to avoid market meltdown while keeping taxpayers happy. Talks between governments and creditors will begin across the euro …
The Port Authority of New York and New Jersey can be sued for negligence over the collapse of a World Trade Center building in the Sept. 11 attacks in 2001, a U.S. appeals court ruled Tuesday. The agency is one …
Altamonte Springs, FL, 6/22/11 – Timothy Kirk joins North American Risk Services (NARS) in the newly created role, Director of Transportation Claims. Kirk brings more than 30 years of experience in the insurance industry, including serving as a former director …
Officials in Washington County, Tennessee are trying to decide the best way to deal with the growing number of abandoned homes. Of particular concern to officials is that property owners could stop caring for the upkeep of the property and …
Samuel Sorich, the former president of the Association of California Insurance Companies (ACIC), a California property/casualty insurance trade association, has joined Barger & Wolen as of counsel. Sorich, who has been in the insurance industry for more than 30 years, …
