A state-created company intended to help small businesses get workers’ compensation insurance has agreed to a review by the Missouri auditor’s office. Missouri Employers Mutual Insurance Co. agreed to what it calls a “voluntary” review after the auditor’s office threatened …
A federal judge Thursday threw out a lawsuit against Florida’s insurance commissioner even though the official had opposed dismissing the case. Kevin McCarty argued that keeping the litigation alive would have given him the opportunity to clear his name against …
The Arkansas Supreme Court has denied an insurer’s appeal of a lower court finding that the language of its insurance policy at issue in a case involving an underinsured driver is ambiguous. Philadelphia Indemnity Insurance Company Inc. was the insurer …
One of Sony Corp’s insurers has asked a court to declare that it does not have to pay to defend the media and electronics conglomerate from mounting legal claims related to a massive data breach earlier this year. The dispute …
Hartford Financial Services Group Wednesday warned it will badly miss second-quarter expectations after severe losses on natural disasters and a charge to increase its asbestos reserves. Hartford, one of three insurers to receive a government bailout during the financial crisis, …
Litigation Causes Insurer Concerns Jeffrey White, a research entomologist with Bed Bug Central in New Jersey, says the bed bug problem is worldwide, though he has seen a dramatic increase in the Northeast. “We use New York City as the …
The insurer of Michael Jackson’s canceled comeback concerts has asked a judge to nullify a policy intended to protect concert promoters if the singer wasn’t able to complete the shows. Lloyd’s of London sued AEG Live and Jackson’s company on …
A Miami-Dade Circuit Court entered a $76 million judgment against Aries Insurance Company former owners, Marcos Fraynd and his children Paul Fraynd, Saul Fraynd and Fanny Fraynd, who were found guilty of diverting funds for personal use. Aries, a personal …