Claims / Legal
Study: Michigan Auto Costs Can Drop If Lifetime Care Stays
Michigan can lower auto insurance premiums without making major changes to the state's no-fault system proposed in legislation that has stalled for months, according to a nonpartisan report issued ...
S&P Subpoenas Federal Reserve Board in U.S. Lawsuit
McGraw Hill Financial Inc.'s Standard & Poor's unit seeks information from the board of governors of the Federal Reserve to bolster its defense against U.S. claims it misled investors in ...
OSHA Issues 24 Violations Against Texas Fertilizer Plant Over Deadly Explosion
The fertilizer facility in Texas that exploded earlier this year, killing 15 people, was cited yesterday by the Occupational Safety and Health Administration for 24 violations of worker safety ...
‘Look Ma, No Hands’ on Car Steering Wheel Still Some Way Off
When General Motors Co Vice Chairman Steve Girsky slid into a Cadillac SRX luxury crossover vehicle specially equipped to drive itself, his reaction echoed that of many consumers as more self-driving ...Toyota Wins California Wrongful Death Lawsuit Over Acceleration Issues
A jury in California on Thursday found Toyota Motor Corp not liable in one of the first wrongful death lawsuits to go to trial in the United States over alleged defects that caused some vehicles to ...
Top 10 Market Conduct Complaints Against P/C Insurers
Failure to handle claims within specified time frames and using unapproved forms and rates are the top two criticisms of property/casualty insurers by market conduct regulators, according to a new ...
Downgrade of Tower Group to B++ Likely to Have Further Negative Effects: A.M. Best
A.M. Best Co. announced Tuesday that the rating agency has downgraded the financial strength rating of members of Tower Group to B++ (Good) from A- (Excellent), one day after the company itself ...
Will Biggert-Waters Save the Flood Insurance Program? No, It’s Not Even Close
The Biggert-Waters Flood Insurance Reform Act (Biggert-Waters) was enacted in 2012 with the goal of reforming and thereby saving the National Flood Insurance Program (NFIP). It is a well-meaning and ...