| 1. | P/C Insurers' Profits Fell in Q1 as Underwriting Losses Grew
Jun 22, 2011 -- Private U.S. property/casualty insurers' net income after taxes dropped to $7.8 billion in first-quarter 2011 from $8.9 billion in first-quarter 2010, with insurers' annualized rate of return on average policyholders' surplus decreasing to 5.6 ... |
| 2. | Wave of Lawsuits Hits Calif. Retail Stores
Jun 20, 2011 -- Retail store operators may want to sit down for this one -- if they can find a chair. Nearly every national chain is under legal attack in California for failing to provide "suitable seating" for cashiers and other employees who are expected to ... |
| 3. | 4 Things Agents Should Do to Avoid E&O Claims
Jun 21, 2011 -- After handling insurance coverage claims for years, a distinct pattern has emerged: sometimes the insurance agent gets "caught in the middle" of a dispute between the policy holder and the insured. Often, agents are named in a lawsuit for ... |
| 4. | Law Firm Spent $7 Million to Sue Wal-Mart
Jun 22, 2011 -- Joseph Sellers is in the hole by about $7 million and does not expect to dig his way out any time soon. As lead counsel to the plaintiffs in the Wal-Mart Stores Inc. employment discrimination lawsuit tossed out by the United States Supreme Court ... |
| 5. | Supreme Court Denies Huge Sex Bias Class Action Against Wal-Mart
Jun 20, 2011 -- The Supreme Court rejected a mammoth class-action lawsuit charging sex discrimination at Wal-Mart Stores Inc. on Monday in a ruling that could affect major cases in other industries. The justices unanimously overturned a U.S. appeals court ruling ... |
| 6. | Even Low Blood Alcohol Level ‘Buzz’ Unsafe for Driving: Study
Jun 21, 2011 -- In the United States, the blood-alcohol limit may be 0.08 percent, but no amount of alcohol seems to be safe for driving, according to a University of California, San Diego sociologist. A new study has found that blood-alcohol levels well below the ... |
| 7. | Texas Governor Vetoes Texting While Driving Bill
Jun 20, 2011 -- Texas Gov. Rick Perry vetoed 23 bills on June 17, including legislation that would have outlawed sending or reading text messages while driving. Lawmakers approved the texting ban last month, but Perry called it an "overreach" and "government ... |
| 8. | New York City Fixes Contractor Insurance Rule After Agents Sound Alarm
Jun 23, 2011 -- New York insurance agents are welcoming a decision by a New York City government agency that they say will make it easier for contractors to meet the city's insurance requirements. The New York City Department of Buildings said that it will modify ... |
| 9. | Chubb Unveils Package Insurance Policy for Apartment, Co-op, Condo Risks
Jun 21, 2011 -- A new commercial multi-peril package policy from the Chubb Group of Insurance Cos. will provide apartment building owners and co-op and condominium associations with a package of property, casualty, workers compensation, automobile and umbrella ... |
| 10. | How Much Is a Dad Worth?
Jun 17, 2011 -- Fathers with day jobs would be paid about $34,000 while stay-at-home dads would earn about $60,000 a year, if being a dad came with a paycheck. No longer just babysitters, modern-day dads are putting in long hours performing various jobs on the home ... |
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