Archive for May 2015

A northwest Indiana jury has awarded $32.5 million to a woman with a traumatic brain injury that left her partially paralyzed nine years ago when the car she was a passenger in struck a disabled semi-trailer on an interstate. The … The article Indiana Jury Awards $32.5M to Traffic Accident Victim appeared first on Insurance…

The Indiana Supreme Court says contractors who worked on a 19th century courthouse before a 2009 fire don’t have to pay some of costs of repairing the fire damage. The decision upholds lower court rulings favoring three contractors that were … The article Indiana High Court Sides with Contractors on Fire Costs appeared first on…

Sandell Asset Management Corp., the activist hedge-fund firm run by Tom Sandell, said PartnerRe Ltd. directors hurt shareholders by pushing a merger with AXIS Capital Holdings Ltd. rather than talks with a hostile bidder. “We will not hesitate to exercise the rights … The article PartnerRe Board Slammed by Activist Hedge Fund for Rejecting EXOR…

The Independent Insurance Agents and Brokers of New Jersey (IIABNJ) is launching a new program aimed at supporting the men and women of the armed forces and assisting them in finding post-military careers in the insurance industry. IIABNJ’s new program, … The article IIABNJ Launches U.S. Veterans Pre-Licensing Program appeared first on Insurance Journal. Read…

As the weather warms and countdowns until summer vacations begin, the Pennsylvania Insurance Department is reminding consumers to make sure they are fully informed on their insurance coverage when preparing to leave for vacation. “Before leaving for a trip, no … The article Penn. Offers Insurance Tips for Consumers Preparing for Summer Vacations appeared first…

Beazley has launched of a new risk management website for Beazley Breach Response (BBR) policyholders. The site offers tools and resources to help insureds prepare for and respond to a data breach and minimize reputational risk. In 2012, Beazley formed … The article Beazley Launches Risk Management Website for Breach Response Policyholders appeared first on…

Maine’s highest court is upholding the conviction of a northern Maine man convicted of collecting more than $50,000 in workers’ compensation benefits while operating an engine repair business. An Aroostook County jury convicted 63-year-old Stephen Tucker Sr. of theft in … The article Maine’s Highest Court Upholds Workers’ Comp Fraud Conviction appeared first on Insurance…

Interior Alaska and other parts of the state are experiencing conditions ripe for forest fires and natural resources officials are urging caution in outdoor activities heading into Memorial Day Weekend. Information officer Tim Mowry of the Alaska Interagency Coordination Center … The article Dry Conditions Have Alaska Wildfire Responders Keeping Eye Out appeared first on…

More than 7,700 gallons of oil has been raked, skimmed and vacuumed from a spill that stretched across 9 miles of California coast, just a fraction of the sticky, stinking goo that escaped from a broken pipeline, officials said. Up … The article More Than 7,700 gallons of Oil Sopped up From California Coast appeared…