Supreme Court Limits Workplace Harassment, Retaliation Claims June 25, 2013 By Greg Stohr The U.S. Supreme Court put new limits on lawsuits claiming on-the-job harassment, throwing out a case filed by a black...
Supreme Court Extends Ban on Suits Against Generic Drugs June 25, 2013 By Greg Stohr The U.S. Supreme Court reinforced its bar on lawsuits by patients against generic-drug makers, overturning a $21 million award to...
P/C Insurers Turned Profit on Underwriting in Q1, Attained Record Surplus June 24, 2013 First quarter results for U.S. property/casualty insurers show they made a profit on underwriting for the first time since late...
PCI Names Norton Executive Communications Director June 24, 2013 The Property Casualty Insurers Association of America (PCI) has named Steve Norton as its new director, executive communications. Prior to...
Supreme Court Upholds Immunity for Army Corps; Rejects Katrina Victims’ Claims June 24, 2013 By Greg Stohr The U.S. Supreme Court rejected an appeal from Hurricane Katrina victims seeking billions of dollars on claims that the Army...
Supreme Court Rejects Pfizer Bid for Shield From Asbestos Suits June 24, 2013 By Greg Stohr The U.S. Supreme Court refused to shield Pfizer Inc. from some asbestos lawsuits connected to its Quigley Co. subsidiary, a...
Allstate: Profit to Be Cut by $320 Million on Retiring Debt June 24, 2013 By Noah Buhayar Allstate Corp., the largest publicly traded U.S. home and auto insurer, said second-quarter earnings will be cut by about $320...
AIG Revives Plane Unit IPO After Continued Delay in China Sale June 24, 2013 By Zachary Tracer American International Group Inc. revived plans for an initial public offering of its plane- leasing unit after the insurer extended...
Auto Insurance Customer Satisfaction Drops Due to Rising Rates: J.D. Power June 24, 2013 Due to rising insurance prices and some unhappiness with policy offerings, overall customer satisfaction with auto insurance companies is down...
EPIC, Dowling Capital Form Protector Holdings to Capture Hispanic Market June 24, 2013 By Amy O'Connor As the Hispanic and Latino populations continue to grow, so should the insurance company options available to them. That is...