Latest News in Home Insurance – Aug 24, 2011
North, South Carolina Coastal Insurance Plans Ready for Hurricane Irene
Caught square in the path of Irene, the first major hurricane of the season, the coastal insurance plans in North and South Carolina are prepared to absorb what may be their first major losses in years. Both plans appear to …
Michigan Hospital Gets Settlement from Utility Over Freezing Death
About $323,000 has been awarded to a hospital as part of a civil suit filed by the family of a 93-year-old Bay City man who froze to death after a power-limiting device was placed on his electricity meter because of …
Maryland Brothers Face Trial for Murder-for-Hire Insurance Scam
Opening statements are expected this week in the trial of two brothers accused of carrying out the killing of a blind and mentally disabled man as part of an insurance scam in Baltimore. Jury selection has already begun in the …
Court Reinstates Wrongful Death Lawsuit Against California Cop
A federal appeals court has reinstated a wrongful death lawsuit against a Madera police officer who authorities say mistakenly pulled out her handgun instead of her Taser before shooting a suspect in her patrol car. This week’s decision by the …
Directors of Failed Atlanta Bank Sued, Accused of ?Lavish? Spending
Federal bank regulators have sued 17 former directors and officers of the failed Silverton Bank, accusing them of gross negligence and corporate waste. The Federal Deposit Insurance Corp. has accused the Atlanta bank in the lawsuit filed Monday of slipshod …
The Hanover Adds D.C. Area Branch Office
The Hanover Insurance Group added a new D.C. Metro branch office in Reston, Va. Located in the Reston Executive Center at 12100 Sunset Hills Road, the new branch office will address commercial insurance needs of the business communities of the …
Massachusetts Judge Refuses to Quash Fatal Arson Evidence
A Massachusetts judge has rejected a plea to suppress evidence in the case of a Northampton man accused of setting 15 fires that left two men dead and damaged property and vehicles more than a year ago. Prosecutors allege the …
Tennessee Governor Resists Calls to Tweak New Cap on Damages
Republican Gov. Bill Haslam doesn’t intend to rework the state’s new law limiting payouts in successful lawsuits against doctors and other businesses, despite calls from some members of his own party for changes to be made in the upcoming legislative …
Allstate Files $5 Million Insurance Fraud Case in New York
Allstate Insurance Company is seeking to recover $5 million against 10 New York area defendants in its fourth insurance fraud lawsuit of 2011. Since 2003, Allstate has filed 31 fraud lawsuits in New York State, seeking more than $170 million …
Earthquake Tested Safety of East Coast?s Nuclear Plants
The largest earthquake to hit the East Coast of the United States in 67 years raised concerns on Tuesday about the safety of the country’s nuclear power plants. The 5.8 magnitude quake’s epicenter was just a few miles from the …
