July 13, 2015
Colorado is asking federal disaster managers for a major disaster declaration in the wake of severe weather and flooding this spring and early summer that impacted 11 counties. The Denver Post reported the Colorado Division of Homeland Security and Emergency …
July 13, 2015
The New Mexico Court of Appeals has ruled that a patient in the state’s medical marijuana program who was injured on the job must be reimbursed by an employer for the expense of marijuana used for treatment. The Santa Fe …
July 13, 2015
Amtrak said it will concede that it’s liable for most damages caused by the May 12 train derailment in Philadelphia that killed eight passengers and injured dozens. The railroad acknowledged Friday in responses to two lawsuits that it won’t contest …
July 13, 2015
A U.S. federal judge on Friday dismissed a lawsuit by former Lehman Brothers Holdings Inc employees seeking to hold onetime Chief Executive Richard Fuld liable for their retirement plan losses as the Wall Street bank plunged into its 2008 bankruptcy. …
July 13, 2015
Willis Group Holdings has appointed Nicolas Aubert, CEO of Willis GB, to the executive committee and board of the London & International Insurance Brokers’ Association (LIIBA)*. In addition, Aubert was named LIIBA representative to the London Market Group (LMG), a …
July 13, 2015
The Association of British Insurers (ABI) has published figures showing that £3.6 million [$5.588 Million] a day is being “saved by exposing insurance cheats.” It is only one of the “factors helping to keep the cost of insurance down for …
July 13, 2015
Swiss Re Corporate Solutions has named Natasha Wally as Country Manager for South Africa. She will head up the company’s wholly owned subsidiary, Swiss Re Corporate Solutions Advisors South Africa Pty. Ltd. Wally will be based in Johannesburg and in …
July 13, 2015
Typhoon Chan-hom, which caused the evacuation of about a million people and the cancellation of hundreds of air flights in eastern China on Saturday, weakened as it moved northeast along the East China ocean toward the Korean peninsula. Chan-hom was …
July 13, 2015
PartnerRe Ltd., seeking to fend off a hostile $6.8 billion cash bid from EXOR SpA, is weighing whether it can arrange new terms with rival reinsurer AXIS Capital Holdings Ltd. to preserve their planned merger. The two Bermuda-based insurers postponed …
July 13, 2015
A lawyer says he has filed a lawsuit on behalf of residents who were evacuated when a CSX train car carrying hazardous material derailed and caught fire in East Tennessee on July 1. Maryville attorney Kevin Shepherd said July 10 …