A lawsuit filed against two coal companies that blames mining and poor reclamation for worsening flooding around an eastern Kentucky creek has grown to include 72 plaintiffs. The suit, plus a second lawsuit with 15 plaintiffs, says heavy rain over …
A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating of “a+” of Lloyd’s Syndicate 1225, which is managed by AEGIS Managing Agency Limited , both with stable outlooks. Best pointed out that the …
Gov. Haley Barbour on Friday rejected a proposal to put a $20 million subsidy into a wind pool insurance fund. To do so, Barbour vetoed part of the state Department of Insurance budget. He said the $20 million is part …
A disabled passenger who fell and injured himself while exiting a commuter plane in Philadelphia can sue the airline in state court, a federal court has ruled. The suit — which a lower court tossed, ruling that federal law preempts …
A federal appeals court in New York said an employer’s failure to investigate a bias complaint does not constitute retaliation for filing the accusation. Friday’s ruling by the U.S. Second Circuit Court of Appeals is a victory for the Depository …
Energy giant BP reported a limited success at containing the oil that is gushing unabated into the Gulf of Mexico Sunday but a skeptical U.S. government said it was “not a solution.” Reports of huge oil plumes in the Gulf, …
Zurich Financial Services Group has announced a “streamlined” management structure and related senior management appointments. “At the core of the new structure is a reaffirmation of Zurich’s segment-oriented approach to managing its insurance businesses globally,” the bulletin explained. The appointments …
“Traditionally, insurance coverage for supply chain disruption has required physical damage to the insured’s assets to trigger a claim,” Marsh points out. However, recent events have increased interest from a number of organizations in protecting themselves from “non-physical damages.” The …
Volcanic ash from Iceland caused widespread disruption at airports in Britain and other parts of northern Europe on Monday, grounding 1,000 flights and delaying hundreds of thousands of passengers, aviation officials said. Eurocontrol, the European air traffic agency, said Britain …
Veteran Costa Rican climate diplomat Christiana Figueres is set to be appointed as the new United Nations climate chief, sources familiar with the matter said on Monday. The sources said U.N. Secretary-General Ban Ki-moon had chosen Figueres over former South …
