Jurors have awarded a $15 million settlement to the husband of a suburban Chicago high school teacher who died while giving birth. The Chicago Sun-Times reports that the wrongful death lawsuit accused two doctors and hospitals of failing to diagnose …
For most lines of insurance business, commission income is growing and most insurance agents and brokers expect profits to be similar or better in 2013 compared to 2012. That’s according to the 28th Annual Market & Financial Outlook Survey by …
A central New Jersey man has been sentenced to five years in state prison after admitting he preyed on Superstorm Sandy victims by promising them low-cost housing or cars and defrauding them of approximately $55,000. The attorney general’s office says …
The Federal Emergency Management Agency (FEMA) said it cannot extend the deadline for Superstorm Sandy victims who may want to file lawsuits challenging a denial or disallowance of all or part of their federal flood insurance claims. FEMA’s announcement is …
North Carolina Insurance Commissioner Wayne Goodwin announced the arrest of Raquel Pineda, 31, of Mount Olive. She was charged with one count each of insurance fraud and obtaining property by false pretense. Department of Insurance criminal investigators allege that Pineda …
The state Supreme Court has upheld a judge’s approval of Monsanto Co.’s massive settlement with thousands of West Virginia residents. In a 4-1 decision last Friday, the court affirmed a January ruling approving the class-action settlement of a lawsuit alleging …
China lost almost three times as many children in car accidents as the U.S. last year, even though it has fewer than half the number of vehicles. The government increased penalties this year for failing to fasten seat belts or …
New tour buses and buses that provide service between cities must be equipped with seat belts starting in late 2016 under a federal rule issued Wednesday, a safety measure sought by accident investigators for nearly a half century. Beginning in …
Iran’s nuclear deal with the West is not intended to let more of its oil into the market, the White House said, but an easing of the ban on European shipping insurance may help smooth crude exports to its big …
Google Inc. Executive Chairman Eric Schmidt said new technologies that help companies analyze vast amounts of digital information have the power to bring change to the insurance, health-care and energy industries. “Insurance is the most obvious” industry “about to explode” …
