U.S.
Large Product Liability Awards Made Comeback in 2014
Huge jury verdicts against companies over fatal flaws in their products made a comeback last year, which may foretell more bad news for carmakers with defective parts. Absent for a decade, ...
NCCI CEO Stephen Klingel Will Retire in 2016
The National Council on Compensation Insurance (NCCI) announced recently that President and Chief Executive Officer Stephen J. Klingel plans to retire in February 2016. Kilngel came to the ...
Willis North America to Gain New Chair
Willis Group Holdings has named a new chair of Willis North America, a promotion from within. Christine LaSala will fill the slot. LaSala has been with the global risk adviser, insurance and ...
Too Many Drinks on a Business Trip Can Heighten Employer Liability
Business workers U.S. are pursuing all kinds of risky behavior when on work-related trips, creating liability and reputational issues for their employers across the board, On Call International ...
GEICO to Launch National RV Tour, Starting With the Daytona 500
GEICO is Launching a national RV tour, starting with the Daytona 500 . The Berkshire Hathaway (and Warren Buffett)-owned company, which is also the second largest private passenger auto insurance ...
Endoscopies at L.A. Hospital Expose Patients to ‘Superbug’
A large Los Angeles teaching hospital has told scores of patients they were possibly exposed to a drug-resistant bacterial "superbug" during endoscopy procedures that infected seven patients and may ...
Allstate Sees Energy Bond Losses Deepen As Oil Prices Plunge
Allstate Corp., the largest publicly traded U.S. seller of auto and home insurance, said gross unrealized losses widened on energy bonds in the fourth quarter as crude prices plunged. Losses climbed ...
FEMA Seeks to Resolve Sandy Flood Insurance Claim Lawsuits
The Federal Emergency Management Agency is working on settling litigation with hundreds of Hurricane Sandy victims who challenged denials or alleged underpayments of flood insurance claims. Brad ...