June 1, 2012
The Tennessee Supreme Court has overturned a ruling that said an insurance company must pay $2.7 million in damages for a bar fight in Hendersonville that left one man dead and injured another. The state’s highest court on Wednesday said …
June 1, 2012
A pragmatic, free-market take on insurance related issues from R Street Institute’s Eli Lehrer. A one-time boss of mine—a bearded gentleman who liked cigars, opera, candy and the Austrian School of economics—used to insist to me that the private sector …
June 1, 2012
National healthcare reform legislation passed by Congress in 2010 may or may not survive consideration by the U.S. Supreme Court, but the healthcare system already has been evolving in ways that are likely to proceed regardless of the success or …
May 31, 2012
A bill its author says will provide a framework to measure damages when a plaintiff suffers injuries that passed the California Senate floor is being called by its detractors a “wolf in sheep’s clothing” effort to overturn the 2011 Howell …
May 31, 2012
A judge on Wednesday ordered a convicted New Jersey police chief to forfeit his job. A jury convicted Hackensack Police Chief Ken Zisa of official misconduct and insurance fraud two weeks ago. The Record newspaper reports the judge granted a …
May 31, 2012
New York-based insurance broker USI Insurance Services has acquired Impact Benefit Management Services, LLC of Roswell, Georgia. USI said the acquisition is expected to contribute approximately $2.5 million in revenues an annual basis. Terms of the transaction were not disclosed. …
May 31, 2012
Once again, Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Top Overall Independent Agencies, Top Commercial Lines Independent Agencies, Top Personal Lines Independent …
May 31, 2012
Internet search giant Google has named Vanessa Wittman as the new chief financial officer of its newly acquired Motorola Mobility Holdings unit.Google made the announcement last week when its $12.5 billion cash purchase of Motorola Mobility was finalized after securing …
May 31, 2012
State officials say 115 structures, including homes and a motel, have been destroyed by a wildfire in the Upper Peninsula. The Michigan Department of Natural Resources said the wildfire in Luce County’s Duck Lake area is 55 percent contained. The …
May 31, 2012
Lafourche Parish, La., officials say the repair of two pumping stations in the Raceland area will help protect against flooding. The parish will be rebuilding the Cyprien Pump Station, which services the low-lying area south of La. Highway 1 and …