A Jones County, Mississippi jury has rejected a couple’s claim that dioxins from the DuPont Co.’s plant on the Mississippi Gulf Coast were responsible for the death of their daughter. The jury verdict came in a lawsuit filed by Kerman …
Florida police, firefighters, paramedics and other first responders would have an easier time becoming eligible for workers compensation benefits, and would get a better package of benefits under legislation Gov. Charlie Crist signed last week. The legislation passed earlier this …
Hospital lawyers have urged the Florida Supreme Court to delay implementation of a state constitutional amendment that gives patients the “right to know” about past mistakes made by doctors and medical facilities. They also asked the justices to reverse two …
A.M. Best Co. confirmed that the financial strength rating of “A-” (Excellent) and the issuer credit rating of “a-” of Cayman Islands-based Greenlight Reinsurance Ltd. will remain unchanged following the closing of its initial public offering and private sale on …
Bancassurance in the UK has gotten increasingly competitive with standard policies, and it looks set to continue. Barclay’s, one of the UK’s largest banking groups announced that it would offer homeowners quotes on the second year renewal of their policies …
Oakland, Calif.-based EQECAT, Inc., a subsidiary of ABSG Consulting, has provided the hurricane and earthquake risk assessment, and the design of the parametric insurance contracts for the formation and operation of the Caribbean Catastrophe Risk Insurance Facility (CCRIF) that became …
Guy Carpenter & Company, the global risk and reinsurance specialist of the Marsh & McLennan Companies, has published a new study on the “Global Terror Insurance Market.” It contains information from “six continents and 34 countries,” said the announcement, and …
Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on the core subsidiaries of France’s insurance and asset management group AXA to “AA” from “AA-.” The new, extremely strong rating reflects “the successful …
Standard & Poor’s Ratings Services will hold a telephone conference call today, June 12, 2007, at 11:00 AM Eastern Standard Time, 4:00 PM U.K. Time, to present an overview of its ratings outlooks for the U.S. P/C sector. The conference …
Insurance Australia Group said it has already received “over 6,000 claims” from the storms that have battered the coast of the State of New South Wales (See IJ web site June 11). IAG said it expects to receive more claims; …
