March 26, 2007
Wyoming and Arkansas are the deadliest states for truck crashes, according to a safety group that has called for tougher federal regulation to reduce fatalities hovering above 100 a week nationwide for years. The safest states for truck crashes are …
March 26, 2007
Viacom-YouTube lawsuit, breakthrough insurance product for docemantarians shine spotlight on media liability Media liability has taken center stage as the result of two recent developments, one a lawsuit by a media conglomerate challenging a new media company’s use of copyrighted …
March 26, 2007
Sen. Dodd says hurricane and flood disasters are not just a local issue, but a national one A proposal for a national disaster plan to backup private hurricane and flood insurance markets appears to be gaining momentum in Washington. This …
March 26, 2007
in its just released sigma study, “Natural catastrophes and man-made disasters in 2006”, Swiss Re notes that “losses due to natural catastrophes and man-made disasters were below the long-term trend in 2006.” Cat losses totaled around $48 billion, of which …
March 26, 2007
Hedge funds are exposed to increasing risks from regulators, market conditions and the public There are three things you can be sure will happen during your time on earth: death, taxes and plaintiff’s attorneys chasing the money. Hedge funds have …
March 26, 2007
New government rules define who qualifies as an online applicant while leaving room for employers’ own criteria Last year Monster.com had 22.5 million people post resumes on its Web site. Lockheed Martin claims that 50,000 applicants a month post resumes …
March 26, 2007
Information technology companies may explore the new frontier everyday, but do they know where their exposures lie? Will they be ready for the next big liability risk close encounter? “Owners and or creators of IT companies are inherently creative and …
March 26, 2007
Specialty niche offers multi-modal transport and multi-insurance coverage concerns They’re more difficult to handle, but the cargo carriers are aware of the risks,” said Ben Armistead, chairman of Greenwich Transportation Underwriters (GTU) in Nashville, Tenn. “A lot of things can …
March 26, 2007
Washington Gov. Chris Gregoire announced that a partial “rate holiday” has been finalized by the Department of Labor and Industries, designed to save workers and employers about $315 million in workers’ compensation insurance premiums. Beginning July 1, employers and workers …
March 26, 2007
Affordable Residential Communities closes acquisition of Texas-based insurer Affordable Residential Communities Inc. of Englewood, Colo., closed its previously announced acquisition of Waco, Texas-based NLASCO Inc., a privately held property and casualty insurance holding company, and reported the promotion of Greg …