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12, 2015
Scant U.S. Insurance Presence at Paris Summit, Says Ceres
You’d think just about everyone who’s anyone attended the massive climate change summit in Paris ending this week. The 2015 United Nations Climate Change Conference, COP 21, drew an estimated 50,000 attendees to discuss ways to reduce Mankind’s carbon footprint, as well …
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12, 2015
Business Interruption Claims on the Rise: Allianz Global Corporate & Specialty
“The average large business interruption (BI) property insurance claim is now in excess of $2.4 million, 36 percent higher than the corresponding average property damage claim of just over $1.7 million,” according to a new report from Allianz Global Corporate …
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12, 2015
Guinn and Luck Elected to Allied World Board of Directors
Allied World Assurance Company Holdings, AG announced that its shareholders have elected Patricia L. Guinn and Fiona E. Luck to the company’s Board of Directors at a special shareholder meeting to serve until the company’s annual shareholder meeting to be …
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12, 2015
70% of MNsure Private Plan Shoppers Get Credits
Seventy percent of private insurance buyers this fall on Minnesota’s health insurance exchange have qualified for premium-based tax credits, a figure officials released on Dec. 9 as they brace for a rush of enrollments before the new year. The statistics …
10
12, 2015
Liberty Mutual Posts $427 Million Q3 Loss on Venezuela Operations, Energy
Liberty Mutual Holding Co., the second- largest U.S. property-casualty insurer, posted its worst loss in at least a decade on costs tied to scaling back operations in Venezuela and the declining value of some energy-related investments. The loss of $427 …
10
12, 2015
Suit Over Skier Death in Montana Headed to Trial
A federal judge has ruled that a jury will hear arguments in a wrongful death lawsuit filed by the parents of a German exchange student who fell into a tree well while skiing at Whitefish Mountain Resort. The family of …
10
12, 2015
GM Settles Ignition Victims Claims for $600 Million
General Motors Co. paid less than $600 million to settle claims by victims of its flawed ignition switches, a slightly smaller sum than what the automaker told investors it expected to pay, after a 20-month-long compensation process led by Kenneth …
10
12, 2015
Gun Shop Liability Case Being Heard by Missouri Supreme Court
A lawyer for a Missouri mother who says a gun and pawn shop should be held accountable for selling her mentally ill daughter the gun she used to kill her own father challenged a claim that state and federal law …
10
12, 2015
Judge Rules Uber Drivers Can Seek Expense Reimbursement; Uber to Appeal
Uber Technologies Inc. drivers seeking to be treated as employees won a ruling that could add tens of thousands of them to the case and put hundreds of millions dollars more at stake. The drivers can now seek expense reimbursement, …
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12, 2015
Slife Joins Schauer Group in New Cleveland Office
David Slife has joined risk management and insurance services firm, Schauer Group Inc., as client executive of employee benefits. He will lead the employee benefits practice at the company’s newly opened Cleveland, Ohio, branch office. Slife has nine years of …