Monthly Archives: <span>April 2013</span>

Lawyers Ask Hepatitis C Jury To Award $2.5 Billion In Nevada Case

Plaintiffs’ attorneys asked a Nevada state court jury on Monday to put the state’s largest health management organization on the hook for a stunning $2.5 billion punitive damage award in a Las Vegas hepatitis outbreak that lawyers called the largest …

Move To Allow Computer Vehicle Registration in Colorado

The Colorado Department of Revenue is asking state lawmakers to allow people to register their vehicles and get titles using their computers. Lawmakers say a measure being considered Wednesday would save a lot of time and paper. The Department of …

California’s 4 A.M. Last Call Bill Already Fuels Debate

The last call for alcohol is 2 a.m. in California, but one lawmaker believes that’s just too early to set down the shot glasses and beer steins. State Sen. Mark Leno’s proposal to let the liquor flow until 4 a.m. …

AssuredPartners Acquires Alan James Insurance in Florida

AssuredPartners of Florida has acquired substantially all of the assets of Alan James Insurance, a Ft. Lauderdale-based insurance broker specializing in insurance for the south Florida real estate market. The agency is led by Alan Chesler and James Hartman and …

Gun Liability Insurance Bills Aren’t the Answer, Says Insurance Industry

Congress appears ready to take up gun control legislation for the first time in years, with proposals under consideration focusing on background checks, straw purchases and money for school safety. If the debate stays on those issues, the insurance industry …

Ratings Recap: National Lloyds, Tar Heel Re, World Insurance, Kentucky Growers

A.M. Best Co. has downgraded the issuer credit rating (ICR) to “a” from “a+” and affirmed the financial strength rating (FSR) of ‘A’ (Excellent) of National Lloyds Insurance Company as well as the FSR of ‘A’ (Excellent) and ICR of …

Wal-Mart to Fund Safety Training in Global Supply Chain

Wal-Mart Stores Inc., the world’s largest retailer, is making its biggest push yet to try to improve conditions at factories that produce its clothing after a fire at a Bangladesh factory last year killed 112 people. The company also said …

Mississippi Governor to Sign DUI Ignition Lock Bill

Mississippi Gov. Phil Bryant intends to sign a bill aimed at strengthening laws against drunken driving, his spokesman said Monday. The response from the Republican governor came the same day the American Beverage Institute, based in Washington, D.C., urged Bryant …

Best Affirms Aegon’s U.S. and Canadian Subs Ratings; Outlook Stable

A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the U.S. life/health subsidiaries of the Netherlands Aegon N.V. Aegon’s U.S. life/health companies are collectively referred to as Aegon …

Jury Finds State Farm Defrauded Flood Insurance Program

A federal jury in Mississippi has found that State Farm Fire and Casualty Co. avoided covering a policyholder’s wind losses by blaming the damage on storm surge, which is covered by federal flood insurance. The verdict came in a whistleblower …