Monthly Archives: <span>March 2010</span>

Suit in South Carolina Accuses Lasik Eye Clinics of Improper Surgeries

A federal lawsuit filed Wednesday in South Carolina accuses eye clinics across the country of performing surgeries on patients with pre-existing conditions that should have excluded them as candidates, causing those patients to suffer post-operative problems. Practitioners in 30 TLC …

Marsh: Environmental Liability Concerns Top Risk Management Agenda

“The heightened environmental liabilities created by recent European Union (EU) and UK environmental legislation were among the top risk management concerns raised by delegates at this week’s Base conference in London,” according to Marsh. The presentations focused on environmental risk …

Court Blocks Web Site’s ‘Systematic Misappropriation’ of Analysts’ Research

A Manhattan federal judge on Thursday barred the financial news service Theflyonthewall.com from issuing immediate news about analyst research from several Wall Street banks, often before recommendations are shared with clients. Ruling in favor of Bank of America Corp.’s Merrill …

Brown & Brown Acquires Two New Jersey Underwriting Units

Brown & Brown Inc. will acquire New Jersey-based Excel Underwriters Alliance Inc. and Spirit Underwriters Inc., the Florid-based brokerage announced. Terms of the transaction were not disclosed. Excel and Spirit offer professional liability, directors and officers (D&O) liability, employment practices …

Driver Error Possible in New York Prius Crash, Says Safety Agency

U.S. safety officials believe driver error may be behind the crash in New York of a Toyota Motor Corp. Prius that has been investigated as a possible case of unintended acceleration, federal investigators said Thursday. The National Highway Traffic Safety …

Details of Final Healthcare Reform Bill

Congressional Democrats have unveiled the final changes to a sweeping healthcare overhaul they hope will clear the U.S. House of Representatives on Sunday. Democrats are using a two-step process that involves the House approving the Senate-passed version of the bill …

WTO Needs ‘Political Miracle’ to Conclude Doha Deal in 2010

Members of the World Trade Organization are likely to conclude next week that it will take a political miracle to agree a new trade deal this year, consigning yet another Doha round deadline to the dustbin. The U.S. and European …

Tropical Cyclone Shuts Australia Coal Port, Threatens Sugar Fields

A tropical cyclone forced Australia’s second-biggest coal port to close on Friday, bringing millions of tons of coal shipments to a halt and threatening to damage thousands of acres of sugar-cane fields. Australia’s Dalrymple Bay coal terminal ceased operations due …

Cheng Joins Miller Singapore

The UK-based Miller Insurance Services Limited announced that Paul Cheng has joined its office in Singapore. He will be assisting with the servicing of Miller’s “existing professional risks clients in Asia and to lead the development of this type of …

UK Government Scraps Compulsory Dog Insurance Plan

The Labor government’s proposal to require all dog owners in England and Wales to obtain liability insurance on their pets [See IJ web site – https://www.insurancejournal.com/news/international/2010/03/11/108050.htm] has been withdrawn only a week after it was proposed. The legislation would have …