Court Reverses Landmark Katrina Ruling on Army Corps Liability September 26, 2012 By Michael Kunzelman A federal appeals court reversed itself this week and threw out a judge’s landmark ruling that the Army Corps of...
‘We’re an Attractive Place to do Business:’ Lloyds CEO Richard Ward September 26, 2012 By Charles E. Boyle Following Lloyd’s release of its composite results for the first six months of 2012 – a £1.53 billion [$2.4 billion]...
Employers Weighing Exchanges for Individual Retiree Health Plans: Aon September 26, 2012 Most employers are reevaluating their retiree health care strategy and are considering strategies that open access to the individual Medicare...
Buried Alive Pooch Captures 2012 Unusual Pet Insurance Claim Award September 26, 2012 Last October, Keith and Christy Wolfram of Sicklerville, N.J., were given quite a scare when Peanut, their dachshund-terrier mix was...
Give Insurance CIOs An Extra $5 Million and What Would They Buy? September 26, 2012 If insurance industry chief information officers were given a sum, say $5 million, where would they spend it? Travel? Investments?...
Homeowners Insurance Claims Cost Rising Rapidly: Study September 26, 2012 The cost of homeowners insurance claims has been rising rapidly because of the combined effects of rising claim severity and...
Funds Withheld for 5 West Virginia Fire Departments September 26, 2012 Kanawha County, West Virginia, officials are refusing to give taxpayer funds to five volunteer fire departments that haven’t shared their...
Former FDIC Chair Bair Reveals Financial Bailout Details in Book September 26, 2012 By Alexandra Alper When Sheila Bair showed up for a meeting in then-Treasury Secretary Hank Paulson’s office in October 2008, the bank regulator...
Court Certifies Gender Bias Class Action Against Costco September 26, 2012 By Dan Levine A U.S. judge has certified a class action lawsuit against Costco Wholesale Corp. over allegations of gender discrimination in the...
Court Revives Ex-Chrysler Executives’ Age Bias Claims September 26, 2012 By Nate Raymond Hundreds of former Chrysler LLC executives claiming they lost retirement benefits because of age bias can sue the company’s former...