The United States Court of Appeals for the Third Circuit has voided on procedural grounds a July 2003 arbitration decision that was in favor of Travelers (St. Paul Travelers) in litigation brought by ACandS, Inc. The 2003 arbitration decision had …
Delaware Insurance Commissioner Matt Denn has asked Delaware businesses to submit requests for classification changes under the workers’ compensation insurance system if they believe that changes would make more sense and save them money. Under the existing workers compensation insurance …
While Swiss Re and General Electric are working to close the sale of GE Insurance Solutions, it seems that less GE employees will be working at all when the deal is completed. Swiss Re indicated on Wednesday, Jan. 18, that …
As part of its ongoing series of Webcasts dealing with the global insurance environment, international broker and risk manager, Willis Group Holdings, published a Webcast on Thursday, Jan. 19, entitled “How Global is Your Global D&O Program?” It focuses on …
The U.K.’s Chartered Insurance Institute’s (CII) Faculty of Insurance Broking, in conjunction with Oracle, the enterprise software company, has issued a new study – ” Opinion Leader Research: Broker and Insurer Relations in a Regulated World,” which “assesses the current …
AIR Worldwide Corp. announced the opening of AIR Worldwide GmbH in Munich, Germany, “to meet the needs of its expanding client base in the region.” Yoern Tatge will head the new office. AIR noted: “Europe has been an area of …
Parents and advocacy groups are filing suit against Viacom’s Nickelodeon media outlets and snack and cereal giant Kellogg to stop them from marketing junk food to young children. The plaintiffs maintain that these two companies are directly harming kids’ health …
On Jan. 6, Maryland’s highest court handed a victory to the welding industry by ruling that the scope of the pollution liability exclusion in a business insurance policy does not encompass welding rod liability. In Clendenin Brothers, Inc. v. United …
Federal regulators moved this week to require companies to provide far greater detail about executives’ pay and perks in an effort to bring more openness to an area that has provoked investor anger. The five-member Securities and Exchange Commission voted …
Arthur J. Remillard, Jr., the founder and chief executive officer of The Commerce Group, Inc., announced his intention to retire at the end of July of this year, culminating a 40 year career in the property and casualty insurance industry. …
