Yearly Archives: <span>2014</span>

Delta Air Lines Settles Claim With Disabled Hawaii Man

A partially paralyzed Maui man who claimed airline workers forced him to crawl on and off flights in 2012 has settled his lawsuit against Delta Air Lines, his lawyer said Monday. Baraka Kanaan sued Delta last year after he claimed …

Wyoming Parking Garage Shifted by Creeping Landslide

A small parking structure is the latest victim of a slow-moving landslide in Jackson, Wyo. Town officials say part of the two-story parking garage serving a restaurant and other businesses has shifted 3 or 4 inches. They say workers will …

Jones Joins New York Office of Corporate Synergies

Kenneth Jones has joined insurance broker Corporate Synergies of Mt. Laurel, New Jersey, as a senior vice president and producer. Jones will join the company’s New York office. He has several decades of experience in the New York metro market, …

GM Ignition Defects Lawsuit in California Awaits Bankruptcy Ruling

A lawsuit against General Motors Co. in California over ignition-switch defects linked to 13 deaths was put on hold until a bankruptcy judge in New York rules on whether some compensation claims can be brought without violating a court order …

Top 25 Crop Insurance Writers: SNL

Wells Fargo & Co.’s Rural Community Insurance Co. is now the largest writer of multiple peril crop insurance after picking up five percentage points of market share in 2013 to surpass ACE Ltd., according to a report by SNL Financial. …

Florida Supreme Court Leaves PIP Reforms Intact

The Florida Supreme Court has declined to review the state’s no-fault automobile insurance personal injury protection (PIP) reforms that were designed to lower the cost of the coverage by targeting fraud and restricting emergency medical services. Parts of the 2012 …

Travelers Reports 17% Profit Hike in 1Q

Travelers Companies Inc. reported a 17 percent rise in first-quarter profit, helped by higher underwriting gains and an increase in net investment income. Net income rose to $1.05 billion for the quarter ended March 31, from $896 million a year …

John Edwards Returns to Courtroom in Medical Malpractice Trial

Former U.S. senator and Democratic presidential hopeful John Edwards has returned to the courtroom to help represent a 4-year-old Virginia boy in a medical malpractice case in North Carolina. Edwards is one of three attorneys representing the parents and guardians …

Colosi Joins Great American Insurance, Alternative Markets Division

Great American Insurance Group said its Alternative Markets Division has hired Tom Colosi as divisional vice president, Group Captives. In this role with Great American, Colosi will lead the company’s existing group captive operation. Colosi joins Great American from Sparta …

Federal Insurance Plan Aims to Protect Reluctant Dairy, Livestock Farmers

A plan in the new U.S. farm law to help dairy farmers limit losses from rising feed costs or falling milk prices may become a model in coming years for livestock producers who have resisted similar types of insurance. The …