Hawaii employers paid more to replace injured workers’ lost wages than for their medical care in 2002 compared to the previous year, according to a new study released Aug. 23. The report, prepared by the Wash.-based National Academy of Social …
An insurance company that already won a $136 million reduction of a punitive damage award thinks that the $9 million it was ordered to pay is still too high. State Farm Mutual Automobile Insurance Co. has appealed the judgment to …
As the remnants of Hurricane Charley disintegrated off the New England coast Aug. 15, Florida officials estimated the storm caused $5 billion to $11 billion in damage to insured homes. At least 15 people were killed. The hardest-hit areas appeared …
A federal jury convicted politically connected Chicago broker Michael Segal of embezzling more than $20 million from his own Near North Insurance Brokerage Inc. Segal—known for having close ties to powerful politicians in both parties—was found guilty on all 26 …
A federal jury convicted politically connected Chicago broker Michael Segal of embezzling more than $20 million from his own Near North Insurance Brokerage Inc. Segal—known for having close ties to powerful politicians in both parties—was found guilty on all 26 …
Jurors in the federal fraud and racketeering trial of Chicago insurance broker Michael Segal have heard all but the closing arguments in the case. Segal’s defense lawyers put on a brief case, as they spent much of their effort in …
Saying a court defeat was “not a defeat for rebuilding,” World Trade Center leaseholder Larry Silverstein has vowed to complete a rebuilding plan even after a jury ruled he could not double most of his $3.5 billion insurance policy to …
Michael Segal, politically connected Chicago insurance broker, was either the victim of scheming underlings or the mastermind of a fraud plot that left his Near North Insurance Brokerage facing a deficit of more than $20 million in a fund it …
Michigan drivers who have auto insurance but can’t immediately prove it when stopped by police no longer will face a $300 fine. Gov. Jennifer Granholm signed a bill that changes the state’s driver responsibility laws. If motorists can show before …
Attorneys for Chicago-based insurance broker Michael “Mickey” Segal have asked a federal judge to bar testimony in his upcoming trial that accuses him of spending hundreds of thousands of dollars in ill-gotten funds on female escorts and other personal expenses. …
