February 22, 2009
Litigation May Result in Higher D&O Prices But Not Right Away The pace of securities lawsuit filings increased significantly in 2008 compared to recent years. There were 226 new securities lawsuits filed in 2008, which represents a 31 percent increase …
February 22, 2009
In this litigious day and age, lawsuits alleging breach of the insurance policies, bad faith, unfair claims handling, unfair settlement practices or negligence by an insurance agent are so common that they are not considered particularly unique. Attorneys, insurers, insureds …
February 22, 2009
In a bold and gutsy move in the face of an economy in downward spiral and unemployment levels approaching record highs, Michigan Governor Jennifer Granholm has called for a freeze on price increases by all hospitals, doctors, physical therapists, auto …
February 22, 2009
Juan Andrade and Jonathan Bennett have been named as interim co-leads of the Property and Casualty Operations of The Hartford. Their appointment to those interim positions follows the departure of Neil Wolin, president and chief operating officer of the The …
February 22, 2009
Insurance trade groups have come out swinging against Michigan Gov. Jennifer Granholm’s call for auto insurers to freeze rates until lawmakers can enact some of the reforms in a report by the state’s insurance consumer advocate, Melvin Hollowell. The trade …
February 22, 2009
American International Group’s involvement with the Islamic insurance market at the same time it is taking government bailout funds has provoked the ire of a Christian rights group in the U.S. The Michigan-based Thomas More Law Center filed suit against …
February 22, 2009
Drunken System “It is surprising to the authors that these tragedies do not occur more frequently than they do in Kansas. As we studied this issue, we found many things that need attention, and many parts of the system about …
February 22, 2009
Litigation May Result in Higher D&O Prices But Not Right Away The pace of securities lawsuit filings increased significantly in 2008 compared to recent years. There were 226 new securities lawsuits filed in 2008, which represents a 31 percent increase …
February 22, 2009
Gov. Jay Nixon has picked a Swiss Re insurance claims executive to lead the Missouri insurance department. John Huff, a Missouri native, has worked since July 2008 at the Zurich headquarters of Swiss Re, one of the world’s larger reinsurance …
February 22, 2009
Managing an independent insurance agency in the current hard economy and soft market requires agents to set priorities. In the Jan. 28, 2009, issue of Insurance Journal, Juan Andrade, executive vice-president for sales and distribution at The Hartford, identified customer …