June 27, 2014
Detroit overcame efforts by bond insurers that might have slowed its plan to exit bankruptcy before the end of the year, while the judge on the case said he was open to taking a bus tour to see what shape …
June 27, 2014
A hearing on a proposed settlement in the $5.9 million class action lawsuit against Lafayette-based Acadian Ambulance company is scheduled for today in Louisiana’s Avoyelles Parish. The Advertiser reports 440 Louisiana residents have filed claims that they were overcharged by …
June 27, 2014
USG Insurance Services Inc., a national wholesaler and managing general agent, named Jenny O’Brien as production manager in commercial lines for the Irvine, Calif. office. O’Brien joined USG in 2012 as a producer/broker. She began her career in the insurance …
June 27, 2014
New Mexico regulators have denied a temporary operating permit for ridesharing company Uber. The Albuquerque Journal reported that the Public Regulation Commission voted 3-2 on Wednesday to withhold the permit from Uber Technologies. Commissioners say they could not grant the …
June 27, 2014
More than 960,000 New York residents have signed up for insurance under the state’s new health plan marketplace during its first enrollment period. The state issued a report Wednesday detailing how many people enrolled in coverage through the marketplace, part …
June 27, 2014
Anthony R. Slimowicz is joining Crum & Forster as senior vice president and chief claims officer. He will report to Doug Libby, chairman and CEO of C&F, and will be based at the company’s headquarters in Morristown, New Jersey. Slimowicz …
June 27, 2014
Delaware lawmakers have given final approval to legislation aimed at lowering workers’ compensation insurance rates in Delaware. The bill approved unanimously by the Senate on Wednesday calls for a 33 percent reduction in medical costs for workers’ compensation cases over …
June 27, 2014
Bermuda-based Ironshore Inc. announced that its Australian subsidiary’s transaction to acquire all of the shares of Australia’s Assetinsure Holdings Pty Limited, the parent company of Assetinsure Pty Limited, will not proceed by mutual agreement of the parties. No details were …
June 27, 2014
Facebook Inc. was ordered by a judge last year to turn over account information of 381 users who were investigated by the Manhattan District Attorney in New York for cheating to obtain disability benefits. Facebook, the world’s most popular social-networking …
June 27, 2014
Efforts by business leaders to give companies more protections from North Carolina product liability lawsuits appear derailed in the House. A House panel this week endorsed a Senate measure that previously would have made it harder for people to sue …