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19
07, 2016
AmTrust Drops Arbitrator-Bribery Claims Against Italian Ex-Broker Somma
Insurance firm AmTrust Financial Services Inc. has filed to voluntarily dismiss all of its claims against one of its former insurance brokers in Italy who AmTrust alleged bribed an arbitrator called in to settle a business dispute between them. AmTrust’s …
19
07, 2016
NW Wisconsin Flood Damage Up to $30 M
Flooding from recent heavy rains has caused $30 million dollars in damage in northwestern Wisconsin. State emergency management officials said that storms have caused nearly $1.8 million in damage to homes and businesses. Damage to roads, bridges and trails is …
19
07, 2016
Retired Pro Wrestlers Sue WWE Over Head Injuries
World Wrestling Entertainment Inc. was sued on behalf of Jimmy “Superfly” Snuka and dozens of other retired wrestlers who claim the company hid the long-term effects of neurological injuries from years of being pounded in and out of the ring. …
19
07, 2016
Massachusetts Lowers Employer Assessment for Workers’ Compensation
The Massachusetts Department of Industrial Accidents (DIA) reduced the assessment that private employers pay to the state on workers’ compensation policies to 5.6 percent of the policy premium for the new fiscal year, down from 5.75 percent during the last …
19
07, 2016
Groups Press Dow-DuPont to Reveal Teflon Liabilities Before Merger Vote
DuPont Co. and Dow Chemical Co. must tell shareholders before next week’s merger vote that they may face exposure to costly potential damages from claims that a chemical used to make Teflon caused cancer and other ailments, community activists told …
18
07, 2016
Berkshire Hathaway Purchasing New York Medical Liability Insurer
Berkshire Hathaway subsidiary National Indemnity Co. is acquiring Medical Liability Mutual Insurance Co. of New York for an undisclosed price. The deal comes as the insurer completes its conversation from a mutual company to a stock insurer. The insurer is …
18
07, 2016
CDC Assisting Utah Investigation of Zika Virus Infection
The Centers for Disease Control is assisting in the investigation of a case of Zika in a Utah resident who is a family contact of the elderly Utah resident who died in late June. The deceased patient had traveled to …
18
07, 2016
AID Recovers More than $1.5M for Consumers in First Half of 2016
Arkansas Insurance Commissioner Allen Kerr says the Consumer Services Division (CSD) of the Arkansas Insurance Department recovered $1,580,421 for Arkansas insurance customers in the first six months of 2016. The amounts recovered for Arkansas consumers by CSD are in excess …
18
07, 2016
4 Promoted to Vice President Positions at M3 Insurance
Wisconsin-based M3 Insurance has promoted Tim Cleary, Matt Cranney, Nezih Hasanoglu and Zach Penshorn to vice president positions. Cleary, Cranney, Hasanoglu and Penshorn have accepted these leadership roles, respectively, in the areas of Sales for Property/Casualty, Insurance Operations, Business Development and Human …
19
07, 2016
Florida Steps up Fraud Fight With New Division of Investigative and Forensic Services
The Florida Department of Financial Services is enhancing its law enforcement strategy to fight fraud in the state by integrating its current units housed within DFS and forming the Division of Investigative and Forensic Services, according to a statement from …