September 6, 2004
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 …
September 6, 2004
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 …
August 23, 2004
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 …
July 5, 2004
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 …
July 5, 2004
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 …
June 7, 2004
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 …
May 17, 2004
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 …
May 3, 2004
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 …
April 19, 2004
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. …
April 19, 2004
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 …