Archive for November 2016

After more than three weeks, a Bethel Superior Court jury cannot decide whether or not a tobacco company misled an Alaska man about the harmful effects of smoking. KYUK-AM reported jury foreman Robert Sundown says jurors deadlocked over whether Philip … Read More Read more here:: Insurance Journal       

By Don Jergler What would happen to an industry that loses one-fourth or more of its employee base? Idaho’s agriculture industry, and particularly its farming sector, might run head-on into that hypothetical question if President-elect Donald Trump follows through on a pledge to … Read More Read more here:: Insurance Journal       

North American reinsurers may soon see some rate stabilization after a prolonged period of declining premium rates, as they deal with a supply-demand imbalance that has weighed on returns, according to executives at the 2016 Bermuda Reinsurance Conference co-hosted by … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson A U.S. judge has dismissed a lawsuit seeking to require the 30 Major League Baseball teams to extend netting at stadiums farther down the first- and third-base lines to protect fans from injuries caused by foul balls and broken bats. … Read More Read more here:: Insurance Journal       

By Don Jergler Rodents, insects and microscopic bacteria: All these hazards can exist in food and where it is stored, and it is up to the Oregon Department of Agriculture to ensure they’re not there. But the department’s Food Safety Program, which is … Read More Read more here:: Insurance Journal       

Two Oregon men have filed sexual abuse lawsuits against the Boy Scouts of America. The Oregonian/OregonLive reported that the lawsuits were filed on Tuesday. They allege the plaintiffs were sexually abused by former scout leaders who were allowed to lead … Read More Read more here:: Insurance Journal       

By Don Jergler Uber Technologies Inc. is trying to finalize a settlement with California drivers to resolve potentially billions of dollars in claims stemming from the company’s refusal to give them the protections and benefits of employees. The case centers on allegations that … Read More Read more here:: Insurance Journal       

By L.S. Howard Qatar Insurance Co. (QIC) plans a bond issue to boost its capital reserves, sources familiar with the matter told Reuters on Thursday. It would be the first perpetual bond to be issued by the insurance sector in the Gulf. Qatar’s … Read More Read more here:: Insurance Journal       

By Andrew G. Simpson A sling-shot, inflatable suits that kids can don and wear while crashing into each other and a hammer inspired by weapons in the movie “Warcraft” ranked among the 10 most hazardous toys on an annual list released on Tuesday by … Read More Read more here:: Insurance Journal