An Alameda County, Calif., jury has awarded Pennsylvania-based Victaulic Co., $55.3 in damages against three AIG companies. The trial in Victaulic Co. v. American Home Assurance Co. et al., in Alameda County Superior Court spanned six weeks before Judge Frank Roesch. The verdict, …
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Atlanta police say a minivan tops the list of vehicles most often targeted by vehicle thieves. FOX 5 News reports that Dodge Caravans were targeted in 172 thefts or attempted thefts in 2015. The Honda Accord and Jeep Cherokee were …
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The market share of Louisiana’s property insurer of last resort — Louisiana Citizens Property Insurance Corp.— has declined from 9.8 percent to 1.8 percent in the 10 years after back-to-back Hurricanes Katrina and Rita devastated the state and its property …
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The Tennessee Attorney General’s opinion says private organizations can’t prevent licensed handgun permit holders from taking weapons into events the groups operate at public parks. The Tennessean reported the July 29 opinion said under a new state law, local governments …
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FBD Holdings plc said its plans to meet new solvency rules next year are on track as the Irish insurer struggles to return to profit and Andrew Langford unexpectedly quit as chief executive officer last week. Dublin-based FBD said it’s “no different” …
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Bermuda-based Endurance Specialty Holdings Ltd. reported net income available to common shareholders of $76.0 million and $1.68 per diluted common share for the second quarter of 2015 versus net income of $75.0 million and $1.68 per diluted common share for …
The article Endurance Reports Q2 Net Income of $76M, Versus $75M in Q2 2014 appeared first on Insurance Journal.
The top federal official for worker safety said that an Illinois businessman’s “outrageous behavior” of bringing in Mexican workers to remove asbestos without safety gear warrants fines of nearly $1.8 million. The U.S. Department of Labor’s Occupational Safety and Health …
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Underwriter Martin King has been appointed to help expand AEGIS London’s professional indemnity (PI) capabilities and product offering. King joins from Novae, where he was unit head for PI and directors & officers. King has worked in the insurance market …
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Drivers suing Uber Technologies Inc. for better pay and benefits are proposing to pursue their group lawsuit in phases focused first on whether they qualify as employees. If they win that round, then the two sides can fight over how …
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Malaysia said on Thursday that paint color and maintenance-record matches prove that a piece of wing found on the shore of the French Island of Reunion in the Indian Ocean was part of the wreckage of Malaysian Airlines flight MH370, …
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