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

Georgia Jury Awards $6.7 Million in Malpractice Case

A jury in Columbus, Georgia has awarded $6.7 million in a 10-year legal battle involving an Alabama man who said his intestine was punctured during a hernia operation. The Columbus Ledger-Enquirer reported that the jury awarded the money to Thomas …

At Least Two Killed In Colorado Silver Mine Accident

Two miners were killed and 20 injured on Sunday in an accident at a silver mine in southwestern Colorado, authorities said. The cause of the accident at the historic Revenue-Virginius Mine in Ouray County, about 330 miles southwest of Denver, …

Insurance Broker Charged With Theft From NYC Jewish Charity

An insurance brokerage owner is accused of helping a longtime Jewish community leader steal more than $7 million from a prominent New York City charity. Joseph Ross was charged with grand larceny and money laundering. The New York Times says …

Cooper Gay Picks Newman to Replace Hovey as CEO

Cooper Gay & Co. Ltd., the insurance and reinsurance intermediary, has appointed Gordon Newman as chief executive officer. His appointment follows last month’s acquisition of Newman Martin and Buchan LLP (NMB). The company said Sam Hovey, previous CEO of Cooper …

Court Reinstates Pay Bias Suit Against North Carolina’s Family Dollar

A federal appeals court last week reinstated a lawsuit against North Carolina-based Family Dollar that says female managers were paid less than male store managers. A panel of the 4th U.S. Circuit Court of Appeals in Richmond, Va., overturned a …

D.C. Insurance Commissioner Dismissed After Questioning Obamacare Fix: Reports

Washington, D.C.’s commissioner for the department of insurance, securities and banking, William P. White, was dismissed last Friday, a day after questioning the White House’s proposal to let health insurers extend policies canceled under the healthcare reform law, according to …

Builder Claims Drilling Rights Under 2,500 Florida Homes: Report

When Mallory and Zach Sinclair were looking for their first home, they swooned over a new townhouse in the Brandon, Florida subdivision of Whispering Oaks. With well-manicured lawns, it looked fresh and untouched, with streets bearing pastoral names like Spring …

Zurich Insurance Boosts Investment in Clean Energy Bonds

Zurich Insurance Group AG, Switzerland’s biggest insurer, said it will spend as much as $1 billion on green bonds, making it the largest investor in such clean-power securities. The insurer has appointed BlackRock Inc., the world’s biggest money manager, to …

Supreme Court Poised to Decide Future of Securities Class Actions

The U.S. Supreme Court accepted a case with the potential to transform securities litigation, agreeing to reconsider a precedent that has served as the foundation for shareholder suits for the past 25 years. The Halliburton Co. appeal asks the court …

Atlas General Insurance Services, LLC Expands Marketing Team

San Diego, CA, 11/18/13 – Atlas General Insurance Services, LLC, a national multi-line program manager, is pleased to announce two new additions to the Knoxville dedicated marketing team. The Knoxville office welcomes Shane Cosey of Suwanee, Ga. and Nick Seago …