February 10, 2008
The U.S. business owners policy (BOP) market consists of nearly 21 million enterprises and produces more than $20 billion in premiums. Within this broad market sector, 44 percent of the premium opportunity is concentrated in 10 classes which are predominately …
February 10, 2008
In light of recent Stoneridge ruling, court sends case back to 9th Circuit Appeals Court Following up on its Stoneridge ruling in late January in which it limited investor lawsuits, the U.S. Supreme Court rejected a bid by former Enron …
February 10, 2008
The risks of remote workplaces Americans’ houses have increasingly become a hodgepodge between a home and an office. It’s believed that there are more people working out of their homes now than at any time in history. And experts say …
February 10, 2008
Retired attorney Lazar, first of seven from firm to plead guilty, sentenced to home detention, probation A retired attorney who pleaded guilty in a lucrative kickback scheme involving class-action lawsuits against some of America’s largest corporations was sentenced in late …
February 10, 2008
Margin compression and continued pricing erosion will put increasing pressure on the insurance industry to achieve top line objectives in 2008, according to industry analysts. “With pricing becoming increasingly softer, leadership is going to become all the more important in …
February 10, 2008
GAO finds fault with coverage exclusions in policies and lack of data available to assist with FEMA assessments Government adjusters trying to assess the accuracy of flood claims payments from the 2005 hurricane season were hampered by a lack of …
February 10, 2008
Proposed rules limit when drug manufacturers can change warnings labels without FDA approval The Bush administration wants to limit the situations where drug companies can change warning labels when they know of unsafe conditions without waiting for government approval. But …
February 10, 2008
When it comes to settling claims, vendor contracts solidify a business’ protection There was a time when a verbal agreement, sealed with a handshake, was enough to establish and maintain a business partnership. But those days are long gone. Any …
February 10, 2008
It’s that time of year again; planning time for a great 2008! The key to effective business planning is to know what the end point will be and to point in that direction. Before any planning gets done the first …
February 10, 2008
The rumors, and at this point that’s all they are, apparently started with a brief report on CNBC that Willis Group Holdings had expressed interest in acquiring Marsh Inc. from MMC. Is there any truth in it? “No comment,” said …