Ford Recalls New Escape Crossover Over Braking Issue Ford Motor Co is recalling some of its recently launched 2013 Escape compact sport-utility vehicles because a carpeting flaw may... Read More
U.S. Insurer Won’t Cover Gas Drill Fracking Exposure Nationwide Mutual Insurance Co. has become the first major insurance company to say it won’t cover damage related to a... Read More
NCCI: Workers’ Comp Claims Frequency Down 1% in 2011 Workers’ compensation claim frequency declined slightly in 2011, by a modest one percent, after increasing in 2010 for the first... Read More
Wells Fargo to Pay $175M in Race Discrimination Probe Wells Fargo & Co agreed to pay $175 million to resolve allegations it charged African-Americans and Hispanics higher rates and... Read More
Troxel Recalls Swing Sets Due to Seesaw Defect Troxel Co. is recalling more than 105,000 of its Flexible Flyer swing sets because the seesaw seats can break apart... Read More
As Lawsuits Climb, J & J May Have New Hip Trauma Johnson & Johnson faces a potentially more damaging and costly sequel to the $3 billion recall of its ASR all-metal... Read More
Study: Lump Sum Settlements Encourage Return to Work Lump sum settlements in workers’ compensation claims encourage injured workers to return to work, according to a new study by... Read More
Allied World Launches Primary Casualty Division Allied World has expanded its U.S. casualty operations with the launch of a new construction casualty division. New lines of... Read More
Aon: Severe Weather Insured Losses Near $2B in June Insured losses due to catastrophic weather events near $2 billion in June, according to Aon Benfield’s latest edition of its... Read More
Chubb Expects Up to $240M in 2nd Quarter Cat Losses The Chubb Corp expects to report $200 million to $240 million in catastrophe losses for the second quarter, before taxes,... Read More