A New York court’s $21 million award last month to a young Wall Street trader paralyzed in an accident involving a Budget Rent-a-Car vehicle may be one of the last of its kind. Inserted among the thousands of road projects …
Members of the National Association of Insurance Commissioners elected Maine Insurance Superintendent Alessandro Iuppa as president at their winter meeting in Chicago. In other business, the NAIC awarded the insurance departments of Indiana, Michigan and the District of Columbia with …
Does the world seem to be careening from one crisis to another these days or is it all hype by news outlets? Unfortunately, it’s not hype; it’s the real world. Not a day goes by without reports of terrorist threats …
The choice of medical care providers to treat injured workers by either workers or their employer not only impacts medical costs but also a variety of outcomes for injured workers, according to a study by the Workers Compensation Research Institute …
A jury has awarded $52.5 million to a Roseville, Minn., construction company that sued its Boston-based insurer for failing to defend it against hundreds of personal injury and wrongful death claims tied to asbestos exposure. “The big message is you …
Massachusetts Auto Producer Reassignments Delayed: Massachusetts Insurance Commissioner Julianne Bowler has asked that a plan for reassignment of auto insurance producers doing business with the state’s residual market, Commonwealth Auto Reinsurers, be delayed in response to criticism by several insurers …
The U.S. Supreme Court ruled against Virginia renters who claimed they were sickened by toxic mold in their apartment, in a decision that clarifies where personal injury cases should be heard. The issue is significant in the debate over large …
Media risk managers are closely watching the discussions recently begun in Congress associated with the proposed federal shield law, the Free Flow of Information Act. Central to that debate is whether bloggers should be defined as journalists. Sponsored by Sen. …
We have heard from numerous agency principals that perpetuating the private ownership of the firm is one of their primary objectives. If this is true, why is it that many firms do not survive and make the transition from one …
Willis, International Insurance Brokers Willis Group Holdings Limited, the global insurance broker, has acquired International Insurance Brokers Inc. Located in Staten Island, N.Y., International Insurance Brokers is a specialized broker serving the armored car and check-cashing industries. Its annualized revenues …
