The Supreme Court said Monday that it would decide whether a federal law protects vaccine manufacturers from lawsuits in state court seeking damages for alleged design defects. The high court agreed to hear a Pennsylvania case involving a lawsuit by …
Marsh & McLennan Cos Inc., the No 2. global insurance broker, has put up its security consulting business Kroll up for sale for $1.3 billion and received offers from several major private equity firms in the first round of bidding, …
A former New York City building inspector has been charged with selling safety certification cards to workers who hadn’t received any training. Federal prosecutors in Manhattan accused Michael DiNardo on Friday of selling dozens of Occupational Safety and Health Administration …
Specialist Lloyd’s insurer, Jubilee Managing Agency Limited, has been appointed to provide dedicated amateur motor sport personal accident coverage for amateur race and rally drivers who hold UK Motor Sport Association (MSA) competition licenses. Coverage will be available through “motorsport …
Loopholes in the United Nations climate treaties could actually amount to an increase in global climate-warming emissions and the chance to rein in temperatures may be slipping away, a draft European Union report showed. “Optimistic assessments…indicate that a pathway towards …
Bermuda-based PartnerRe Ltd has issued preliminary estimates of expected claims from the earthquake in Chile and European Windstorm Xynthia. Total insured industry losses from the M8.8 earthquake in Chile, which hit on February 27, 2010, “will be in the range …
The transportation and warehousing industry was the most dangerous industry in 2009 in Oregon, according to the state Department of Business and Consumer Services, Information Management Division. According to DCBS’ recent report on compensable fatalities by industry, transportation and warehousing, …
LIG Marine Managers has opened a new division, LIG West, and branch office located in the Financial District of San Francisco. LIG West will operate in the 11 western states. “This new division will provide LIG West Coast agents with …
The National Association of Insurance Commissioners (NAIC) recently named 18 funded and 10 unfunded consumer liaison representatives for 2010. Seven of the funded consumer representatives participated in the program in 2009, while 11 are new to the NAIC program. Established …
Ironshore Inc.’s Specialty Casualty division can now provide dedicated general liability or follow form excess insurance coverage as a separate policy to protect against past or future product liability risk. Transition protection insurance can be underwritten for a period of …
