March 5, 2007
A potentially far-reaching ruling by the Maryland Court of Appeals reinstates a class action suit against several U.S. automakers even though the plaintiffs were not injured by allegedly defective seat-backs. Plaintiffs claim seats that collapse backward in rear-impact collisions have …
March 5, 2007
Swiss insurer Zurich Financial Services AG said Friday that an American subsidiary intends to buy Bristol West Holdings Inc. for around $712 million, helping to beef up the Swiss insurer’s U.S. operations. Bristol West, an auto insurer based in Davie, …
March 5, 2007
An insurer has settled a lawsuit over the death of an ironworker during construction of the David L. Lawrence Convention Center in Pittsburgh. The city-county Sports & Exhibition Authority had a policy with National Union Fire Insurance of New York …
March 5, 2007
Those minor fender benders might cost more than you think, according to new crash tests released by the insurance industry. The Insurance Institute for Highway Safety found that most bumpers on midsize cars do little to prevent costly damage to …
March 5, 2007
NBIS Construction & Transport Underwriters, Inc. – in today’s ever changing insurance market, we deliver a customized multi-line (GL – Auto – Inland Marine) coverage package to brokers serving the crane and specialized transport industries. Classifications Crane rental, rigging & …
March 4, 2007
The ABC network said it had ordered a pilot for a comedy, tentatively titled “Cavemen,” that features the characters used in a series of television ads by an insurance company. In the ads, cavemen appear insulted by a Geico insurance …
March 2, 2007
Delaware Insurance Commissioner Matt Denn and legislators on Friday unveiled legislation to ban all use of credit scores in setting auto and homeowner insurance rates. Denn was joined by the prime sponsors of the bill (Senate Bill 31) including state …
March 2, 2007
“Changes to Romanian corporate law, making it compulsory for companies to purchase directors’ & officers’ liability insurance (D&O), are creating a surge in demand for cover,” according to a bulletin from Marsh’s London office. Romania is the first country in …
March 2, 2007
At least two Picasso paintings, worth a total of €50 million ($66 million), have been stolen from the artist’s granddaughter’s home in Paris, police said Wednesday. The paintings, “Maya and the Doll” and “Portrait of Jacqueline,” disappeared overnight between Monday …
March 2, 2007
Frank Crystal & Co., a privately-owned insurance brokerage firm with more than 70 years of service, has made two key appointments in its Portland, Ore., office, located at 1001 SW Fifth Avenue. Dale Barnard has joined as a director in …