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

California Approves Amendments to Privacy Regulations

In what’s being called “a major victory for insurance agents and brokers,” the California Office of Administrative Law has approved Department of Insurance plans to repeal certain portions of its privacy regulations. The CDI filed with OAL on Sept. 22, …

Liberty Adds Manufacturers’ E&O Endorsement to Product Recall Policy

Normally sold as a stand-alone professional liability policy, the new manufacturers’ errors and omissions (ME&O) endorsement from Liberty International Underwriters (LIU) marks the first time this coverage can be included in a product recall policy. The new endorsement provides coverage …

Equity Risk Partners, Lipscomb & Cathey Form Dallas Partnership

Insurance brokers Equity Risk Partners (ERP) and Lipscomb & Cathey have formed a joint venture to cater to the needs of the private equity space in Texas. The new partnership, called ERP-Texas, will combine the niche expertise of San Francisco-based …

Mississippi Court Denies Bid for Katrina Claims Data

The Mississippi Supreme Court has upheld the dismissal of a lawsuit filed by a Long Beach man who wanted the state to release records that would show the dollar amount of Hurricane Katrina claims denied by insurance companies. In 2009, …

Some Question Data on Low Worker Injury Rates in North, South Carolina

A new federal study estimating the rate of workplace injuries last year finds North and South Carolina among the country’s safest in which to work. But some workplace safety experts doubt whether the rates accurately reflect which states are safer. …

Election Results Could Upset Michigan Supreme Court Calendar

Election results have created uncertainty at the Michigan Supreme Court where 18 cases were scheduled to be argued in December before Republicans won two seats to put conservatives in control on Jan. 1. Justice Alton Davis, a Democrat, was defeated …

Internet Scam Targets Insurer USAA’s Customers

USAA, the banking and insurance company that caters to military personnel, says it is investigating an e-mail scam aimed at getting its customers’ personal information. The scheme targets a wide number of people in hopes of finding some who are …

Panel on BP Gulf Oil Disaster Could Shape Liability Issues

The White House oil spill commission will delve into the root causes of the BP offshore drilling disaster at a meeting Monday that may have liability ramifications for the companies that continue to point the finger at each other for …

Qantas Grounds A380s for 3 More Days to Inspect Engines

Australia’s Qantas Airways has grounded its A380 fleet for at least another three days as it investigates oil leaks as a possible cause of the explosion which tore apart one of the super jumbo’s engines last week. Qantas shares fell …

Fear of Volcanic Ash Leads to Flight Cancellations to Jakarta

Just days before President Barack Obama’s long-awaited visit to Indonesia, some international flights were canceled over concerns about a volcano spewing ash hundreds of miles away. Malaysia was preparing to airlift hundreds of citizens out of the country. The notoriously …