The rest of 2007 will continue to be a difficult time for developers and builders to secure builder’s risk insurance for their projects, according to experts at independent wholesale insurance broker Mercator Risk Services. This downturn has its origins in …
Just having them pass you can be scary — groups of high-speed motorcyclists darting through traffic at speeds that make even lead-foot drivers wince. Called “bullet bikes” and “crotch rockets,” with the drivers crouching low over the body of the …
Legal documents in the numerous lawsuits filed against a former Putnam County General Hospital osteopath have been placed off limits by a West Virginia judge overseeing the cases. Putnam County Circuit Judge O.C. Spaulding ordered documents sealed in the medical …
Homeland Security Secretary Michael Chertoff has warned that America’s largest city needs to be prepared for a hurricane powerful enough to cause serious flooding in lower Manhattan and elsewhere. “It’s always a little odd being in New York and talking …
The Bush administration rejected a Securities and Exchange Commission recommendation in a key Supreme Court case and did not support shareholders suing Wall Street banks for damages over Enron’s collapse. The Justice Department’s solicitor general, who represents the administration in …
Insurance broker Beecher Carlson has expanded its Executive Liability team with the addition of Leaticia Roberts as client service manager in Atlanta and Kimberly Fine as senior vice president from the New York office. Roberts will be responsible for servicing …
A.M. Best Co. has affirmed the financial strength rating (FSR) of “A-” (Excellent) and issuer credit ratings (ICR) of “a-” for the operating subsidiaries of Bermuda-based Glencoe Group Holdings Ltd. The ratings affirmation also applies to Bermuda’s Glencoe Insurance Ltd., …
Research and Markets announced the addition of an UK “Direct Insurance Market Report 2007” to their offering. The research firm’s bulletin noted that direct insurance has increasingly become the “preferred method used by large financial services companies to deliver personal-lines …
France’s SCOR Group announced the official opening of its public tender offer for all of the publicly held registered shares of Converium Holding Ltd. The somewhat delayed offer – due to the time required to comply with Swiss takeover laws …
Stephen Haddrill, Director General of the Association of British Insurers, commented on the publication of the UK Government’s Discrimination Law Review – “A Framework for Fairness: Proposals for a Single Equality Bill for Great Britain” – with the following statement: …
