President Barack Obama has declared a major disaster in three Texas counties following severe storms including tornadoes and flooding earlier this month. The declaration covers Jasper, Newton and Orange counties in southeast Texas. It enables residents to received federal grants …
Hailstorms that rolled through the Fort Worth, Texas, area last week could result in $300 million in vehicle repairs. Mark Hanna, a spokesman for the Insurance Council of Texas, estimated that 50,000 vehicles were damaged by the morning storms on …
Are you a young insurance agent, 40 years old or younger? Do you know a young insurance agent? Insurance Journal is searching for young insurance agents to participate in this year’s Young Insurance Agents Opinion Survey. The results will be …
A Florida jury awarded punitive damages totaling $25 million on Monday in a second blow to Gawker, coming on top of the $115 million the online news outlet must pay for posting a sex tape of the former professional wrestler …
The Insurance Society of Philadelphia has hired Melodye Zapalac as director of Education.
Percy Chubb, III, the former vice chairman of The Chubb Corp., has died at the age of 81. Pi Chubb, as he was known, was the great-grandson of Thomas Caldecot Chubb and grandson of Hendon Chubb, who founded Chubb & …
The city of Los Angeles has agreed to spend up to $30 million to settle a lawsuit that challenged widespread injunctions that restrict the movements of thousands of suspected gang members. The City Council voted to fund nonprofit organizations to …
A woman has filed a nearly $1 million lawsuit against a Florence, Ore. nursing home that cared for her 83-year-old father, claiming that it didn’t do enough to address health symptoms that led to his death. The Register-Guard reported that …
The U.S. Supreme Court on Monday stepped into the high-profile patent fight between the world’s two fiercest smartphone rivals, Apple and Samsung, agreeing to hear Samsung’s appeal of what it contends were excessive penalties for copying the patented designs of …
Long after leaving American International Group Inc., members of the Greenberg family are expanding financial ties through companies they now oversee. Evan Greenberg’s Chubb Ltd., previously known as Ace Ltd., has paid more than $650 million in commissions over the …
