May 19, 2014
The crossroads of auto insurance these days is telematics, the use of an electronic device to monitor how an automobile is being driven. The device monitors where a car is and how it is being driven, and, in theory, should …
May 19, 2014
Ex-National Collegiate Athletic Association players suing to gain a share of the $800 million of annual broadcast revenue reaped by the organization said they won’t seek damages for past use of their images, instead focusing only on future licensing and …
May 19, 2014
After warning for years that the U.S. electric grid and other critical infrastructure are dangerously vulnerable to hacking, security experts fear it may take a major destructive attack to jolt CEOs out of their complacency. While awareness about cybersecurity has …
May 19, 2014
Former U.S. senator and Democratic presidential hopeful John Edwards’ return to the courtroom as a lawyer ended with a settlement and a mistrial. A jury in Pitt County deadlocked last week on whether to hold an emergency room doctor responsible …
May 19, 2014
Across North Carolina, medical examiners fail to follow crucial investigative steps, raising questions about the accuracy of thousands of death rulings, a Charlotte Observer investigation found. The living face the consequences. Widows can be cheated out of insurance money. Families …
May 19, 2014
The city of Durham said Friday it has settled a lawsuit filed by three former Duke University lacrosse players who were falsely accused of raping a stripper eight years ago. In announcing the settlement, city officials said no money is …
May 19, 2014
A major insurance company is accusing dozens of localities in Illinois of failing to prepare for severe rains and flooding in lawsuits that are the first in what could be a wave of litigation over who should be liable for …
May 19, 2014
International aid from the Baltics to the Bosporus began flowing to Serbia and Bosnia after the worst flooding on record swamped towns and farms, leaving 34 dead and thousands homeless. The United Nations flew life-saving equipment to Belgrade shortly before …
May 19, 2014
May 19, 2014 – Denver, CO – OnPoint Underwriting (OnPoint) and Everest Re Group, Ltd. (NYSE:RE) announced a new relationship with Everest Reinsurance Accident and Health for the underwriting and management of HMO Reinsurance, Provider Excess Loss Insurance and Employer …
May 19, 2014
A.M. Best has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Pennsylvania National Mutual Casualty Insurance Company and its subsidiaries, Penn National Security Insurance Company, Founders Insurance Company and Partners Mutual …