Ford Motor Co has been sued for allegedly infringing a patent that covers a fuel-injection system it uses in its top-selling F-150 truck. According to a federal complaint made public on Thursday, TMC Fuel Injection System LLC of Wayne, Pennsylvania, …
Petersen International Underwriters has released a new disability insurance product intended to pay benefits based on an insured person’s potential future income. The plan, titled “Loss of Future Earnings Disability,” is a new approach to protecting one’s income. Petersen International …
Beazley has unveiled major enhancements to its Beazley Breach Response (BBR) product. Launched over three years ago, BBR includes a separate limit of coverage for breach response services, and Beazley recently announced the creation of BBR Services, a dedicated business …
New York’s Metropolitan Transportation Authority is submitting claims to insurers and the federal government to recover $65 million in losses it suffered during Hurricane Irene last year.The MTA says winds and floods caused by the hurricane damaged its regional transit …
West Virginia regulators recently launched an online, interactive homeowner’s inventory chart. Available for free from the W.V. Offices of Insurance Commissioner, it offers a convenient way for homeowners to list every item of value in their house.The inventory chart can …
North Carolina Insurance Commissioner Wayne Goodwin this week announced the arrest of Shacoria Vontravia Crawford, 24, of Charlotte, N.C. She is charged with one count each of insurance fraud, conspiracy to commit insurance fraud and making a false report to …
A tow truck driver was killed Thursday morning in Pearl River County when a tree fell on his truck, the first death in Mississippi from Isaac. The death of the unidentified driver on a Picayune, Miss., street came during heavy …
The remnants of Hurricane Isaac continue to cause headaches on Friday, bringing heavy rainfall and the threat of flash flooding to the lower Mississippi Valley as Gulf Coast residents get ready to start their cleanup efforts. The first hurricane to …
Reinsurer Validus Holdings Ltd said it will buy Flagstone Reinsurance Holdings for about $600 million in cash and stock to boost its property reinsurance business. The deal comes after Validus unsuccessfully tried to buy another reinsurer Transatlantic Holdings Inc last …
Two tropical cyclones – Hurricane Kirk and Tropical Storm Leslie – are currently active in the middle of the Atlantic Ocean. The National Hurricane Center in Miami is tracking both of them, as well as the remnants of Hurricane Isaac. …
