Nationwide to Settle Harleysville Policyholder Class Action for $26M October 12, 2012 By Young Ha Nationwide has agreed to settle litigation related to the merger with Harleysville Insurance. The $26 million settlement relates to In...
Court Urges Change in Florida Workers’ Compensation Law October 12, 2012 An appellate court is urging the Florida Legislature to reconsider a state law that makes injured employees pay employers’ legal...
Jury Says Alabama Engine Maker Not Liable in Plane Crash October 12, 2012 An Alabama jury has decided that Mobile-based Continental Motors is not responsible for an airplane crash that killed a Louisville,...
West Virgnia Business Court HQ Opens in Martinsburg October 12, 2012 The West Virginia Supreme Court’s first division to be located outside Charleston is open for business. The new business court...
AIG to Sponsor New Zealand Rugby October 12, 2012 American International Group Inc. (AIG) and the New Zealand Rugby Union (NZRU) have agreed to a a five-and-a-half year agreement...
Business Groups Sue SEC Over Dodd-Frank Anti-Bribery Rule October 12, 2012 By Sarah N. Lynch Four business groups on Wednesday filed a lawsuit against the U.S. Securities and Exchange Commission’s new rule requiring oil, mining...
San Francisco’s Car-Sharing Taxi Services Flourish Despite Regulators October 12, 2012 By Gerry Shih Two San Francisco-based car-sharing services, including one founded by Zynga Inc. director Sunil Paul, are operating in defiance of California...
Worker’s Injury Sheds Light on China’s Workers’ Comp System, Apple Contractor October 12, 2012 By Tan Ee Lyn Apple Inc.’s largest contract manufacturer has been pushing for a Chinese worker left brain-damaged in a factory accident to be...
EU Insurers Strip Coverage from Tankers Storing Iranian Oil: Reuters October 12, 2012 By Luke Pachymuthu and Randy Fabi Two European insurers have withdrawn cover for tankers involved in the Iranian oil trade, the first such move since tough...
OneBeacon Launches Non-Admitted Lawyers E&O Product October 12, 2012 OneBeacon Professional Insurance (OBPI), a member of OneBeacon Insurance Group, Ltd., has launched a new non-admitted lawyers’ professional liability product...