According to catastrophe modeling firm AIR Worldwide, Windstorm Andrea passed through the U.K. earlier this week, fast on the heels of Windstorm Ulli, which brought widespread travel and power disruptions to Scotland. The storm is the first in 2012. It …
Liberty Syndicate Management Limited, a member of Liberty Mutual Group, has appointed Dan Wilkinson as Head of Risk Management. He formerly held the position of Chief Risk Officer at an international insurance company. Liberty Syndicates CEO Nick Metcalf described Wilkinson …
A cargo ship grounded off the New Zealand coast since October has split in two, spilling sea containers and debris and sparking fears of a fresh oil spill, maritime officials said Sunday. The wreck of the Greek-owned Rena was described …
Japan’s Olympus Corp has sued its current president and three ex-directors for several million dollars in compensation, sources told Reuters on Monday, as the company seeks to draw a line under one of the nation’s worst accounting scandals. The maker …
Tompkinsville independent insurance agent Bart Rowland will be the Republican nominee for a Kentucky House seat left vacant when former Rep. James Comer was elected state agriculture commissioner. Rowland was nominated last week by the Republican executive committees of Cumberland, …
U.S. securities regulators said on Friday that defendants can no longer settle civil cases using “neither admit nor deny” language if they have already admitted to wrongdoing in parallel criminal cases. The policy change, announced by Securities and Exchange Commission …
Whistleblowers earned more than $532 million in 2011 through lawsuits alleging fraud against the U.S. government, a record for such payouts, according to a law firm study published on Friday. Private parties suing on the behalf of the government collected …
State investigators are considering criminal charges after finding regulatory violations in almost 90 percent of the pain clinics that treat automobile accident victims in Miami-Dade County. A report by the Agency for Health Care Administration revealed irregularities were discovered during …
Defending President Barack Obama’s signature health care overhaul, the administration is urging the Supreme Court to uphold the contentious heart of the law, the requirement that individuals buy insurance or pay a penalty. The administration filed a written submission with …
A western Pennsylvania woman will stand trial on charges she fraudulently applied online to insure her daughter’s car less than an hour after an accident, and then had her daughter to lie about the time of the crash. Forty-two-year-old Heidi …
