Monthly Archives: <span>January 2017</span>

Iowa Supreme Court Rejects Water Utility’s Effort Against Drainage Districts

A divided Iowa Supreme Court on Jan. 27 upheld a legal doctrine going back 100 years that protects agriculture drainage districts against lawsuits. The ruling presents an obstacle for the Des Moines Water Works, which is pursuing a lawsuit in …

Intesa’s Generali Gamble Carries Risks for Predator and Prey

An expected bid by Intesa Sanpaolo, Italy’s biggest retail bank, for the country’s largest insurance company is a bold gamble that has stunned the cozy world of Italian finance and carries risks for both predator and prey. The extent of …

Indiana Doctor Faces 55 Felony Charges in ‘Pill Mill’ Case

An Indiana doctor accused of operating a “pill mill” saw as many as 100 patients in a single day and traded pain pills for work on his farm, federal investigators say. Dr. Tristan Stonger faces 55 felony charges stemming from …

South Dakota Bill Would Make Insurer Tax-Credit Program More Transparent

A group of South Dakota lawmakers has introduced a bill that would require certain information from the state-subsidized insurance company tax credit program for scholarships be made public. The tax credit scholarship program passed through the Legislature last year and …

Illinois Mining Companies to Pay $4.25M to Settle Sex Discrimination Suits

A group of affiliated coal mining companies will pay $4.25 million to settle two lawsuits that allege women were denied jobs at the firms because of their gender, federal officials said. The U.S. Equal Employment Opportunity (EEOC) filed the sex …

AXA UK’s Travel Insurance Will Cover People Denied Access to US

The UK division of French insurer AXA said its travel policies would cover those denied access to the United States due to a U.S. travel ban on people from seven Muslim-majority countries. An executive order by U.S. President Donald Trump …

Connecticut Lawmakers Consider Higher Fines for Distracted Driving

Some Connecticut lawmakers want to make it tougher for distracted drivers. The General Assembly’s Transportation Committee is holding a public hearing today on several bills that would increase penalties for texting while driving, distracted driving or using a hand-held telephone …

P/C Insurers Enroute to Posting Underwriting Loss for 2016: A.M. Best

The U.S. property/casualty industry will likely post a small underwriting loss for 2016 after three previous years of underwriting profits, A.M. Best said in a new report. A.M. Best’s report appears in line with a another analysis that noted the …

Jury to Assess Blame in Fatal Pennsylvania Building Collapse

Two powerhouse lawyers squared off in court Wednesday over who should be held responsible for a building collapse that killed six people inside a downtown Philadelphia store. Nineteen shoppers and workers were buried in rubble when a towering brick wall …

JLT Acquires Majority Stake in Construction Risk Partners

Jardine Lloyd Thompson Group plc (JLT), a provider of insurance, reinsurance and employee benefits related advice, brokerage and associated services, has acquired a majority stake in Construction Risk Partners LLC (CRP), a construction risk and surety specialty insurance broker. The …