Monthly Archives: <span>March 2007</span>

R.I., Mass. safest while Wyo., Ark. deadliest states for truck crashes

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 …

Media professionals want to know: what’s fair use of copyrighted video?

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 …

Washington warming to national disaster plan idea

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 …

Swiss Re sigma study details 2006 natural, man-made disasters

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 …

As hedge fund industry matures, so do its liability risks

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 …

The new world of Internet job applications affects employer’s liability

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 …

The New Frontier: Hidden exposures and brewing claims in the tech liability field

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 …

Tank containers and the inland marine market

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 …

Wash.’s Gregoire declares “rate holiday”

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 …

Vanek promoted to CEO of NLASCO

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 …