Archive for February 2015
Activist Goldstein Urges Title Insurer Stewart to Sell
Stewart Information Services Corp. is being targeted by activist Phil Goldstein, who is urging a sale of the property title insurer and seeking control of its board. Goldstein’s Bulldog Investors has amassed more than 5 percent of Stewart Information and … The article Activist Goldstein Urges Title Insurer Stewart to Sell appeared first on Insurance…
Read MoreStarr Eyes Cuba Travel Insurance Market For Growth
Maurice “Hank” Greenberg’s Starr International Co. is pursuing growth in Cuba as the U.S. eases decades-old restrictions on visiting the country. Starr’s travel assistance unit could provide services and insurance to clients who wish to go to Cuba, the Zug, … The article Starr Eyes Cuba Travel Insurance Market For Growth appeared first on Insurance…
Read MoreNFL Blows Whistle on Concussion Study Using Helmet Sensors
The National Football League has quietly announced that it is suspending a pilot program to track player concussions with helmet sensors. The sensors track the frequency and velocity of hits to the head, and will still be used in other studies from … The article NFL Blows Whistle on Concussion Study Using Helmet Sensors appeared…
Read MoreTobacco Firms to Settle 400 Smokers’ Lawsuits for $100M
The three biggest U.S. tobacco companies agreed to pay $100 million to settle 400 Florida lawsuits, potentially resolving a group of cases filed after a 2006 ruling by the state’s highest court that made it easier for individuals to sue … The article Tobacco Firms to Settle 400 Smokers’ Lawsuits for $100M appeared first on…
Read MoreReport: Wildfire Reconstruction of West’s Riskiest Homes is $237B
By Don Jergler In the Western U.S. there are nearly 900,000 homes representing an estimated reconstruction cost of more than $237 billion considered at “very high” or “high” risk from wildfires, a report issued today shows. CoreLogic’s Wildfire Risk analysis is the latest of … The article Report: Wildfire Reconstruction of West’s Riskiest Homes is…
Read MoreReplacing Unsafe Train Crossings Deemed Too Expensive
The bullet train that will whisk passengers between San Francisco and Los Angeles at 200 miles per hour won’t pass through the kinds of intersections that have led to two major commuter-rail accidents this month. That’s because the California High-Speed … The article Replacing Unsafe Train Crossings Deemed Too Expensive appeared first on Insurance Journal.…
Read MoreTwice-Wounded Sandy Victims Seek Payout as FEMA Presses Insurers
Some homeowners hit by Hurricane Sandy say they’ve been victimized twice: first by the storm and later by insurers. John Clancy says his insurer, an Allstate Corp. unit, paid just $46,000 of the more than $200,000 in repairs needed on … The article Twice-Wounded Sandy Victims Seek Payout as FEMA Presses Insurers appeared first on…
Read MoreColleges Warned of Liability for Basketball Fans’ Court Storming
College basketball’s tradition of storming the court after big upsets poses a potentially devastating liability threat to universities and athletic departments, personal injury lawyers said. Video showed coaches being pushed into tables and fans colliding with players when Kansas State … The article Colleges Warned of Liability for Basketball Fans’ Court Storming appeared first on…
Read MoreFBI Says It’s Close to Identifying Anthem Hackers
The FBI said it’s close to finding the hackers responsible for the attack on health-insurance company Anthem Inc. that exposed personal data on about 80 million customers. Federal Bureau of Investigation officials are still deciding whether to publicly reveal information … The article FBI Says It’s Close to Identifying Anthem Hackers appeared first on Insurance…
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