The world’s biggest banks won a major victory on Friday when a U.S. judge dismissed a “substantial portion” of the claims in private lawsuits accusing them of rigging global benchmark interest rates. The 16 banks had faced claims totaling billions …
The Hanover Insurance Group said it will be the main sponsor for the Naismith Memorial Basketball Hall of Fame’s 2013 class announcement.The annual announcement will take place in Atlanta on April 8, the Championship Monday of the NCAA Men’s Final …
Louisiana State Police announced that insurance fraud detectives have arrested a Lake Charles couple for charges relating to possession of stolen vehicles worth an estimated $165,000. In October 2011, detectives received information about suspected stolen property from a LoJack asset …
Houston-based ImpactWeather predicts that 2013 will bring a series of hurricanes more severe than 2012. In an announcement released by the company, Senior ImpactWeather Meteorologist Chris Hebert provided the following outlook, based on averages of past seasons, ocean temperature trends, …
Four auto insurers have settled allegations that they overcharged Massachusetts consumers relating to auto insurance surcharges that were overturned by the state’s Board of Appeal, or otherwise removed from state driving records, the state’s attorney general Martha Coakley announced Thursday. …
ProAssurance Corp., a specialty writer of professional liability insurance, and the Cooperative of American Physicians, Inc. (CAP) are partnering to offer a new liability protection product, CAPAssurance, for hospitals and other medical facilities in California. CAPAssurance will use the same …
A former New Orleans police officer accused last fall of falsifying a police report to cover up an alleged hit-and-run accident in his personal car has pleaded to a lesser charge. The Times-Picayune reports 39-year-old Roger Jones Jr. has admitted …
Pennsylvania Insurance Commissioner Mike Consedine announced Thursday that a workers’ compensation rate reduction will go into effect next week for employers. The overall decrease of 4.01 percent is effective April 1, 2013.”We are very pleased with the rate reduction which …
A Texas man convicted of setting a fire that killed his two stepsons was granted a new trial by the state’s highest criminal court, which sided with experts who question the fire investigation used to convict him. Ed Graf’s case …
An insurance board says the annual fee that Michigan drivers pay for some personal injury costs will increase 6 percent to $186 per year starting July 1. The Michigan Catastrophic Claims Association announced the fee. The current cost is $175 …
