IJ Video Highlights Foreign Exposures to U.S. Firms in D&O U.S. companies face many exposures around the globe. Increasingly, they are traced to a crackdown against corporate bribery. Ann Longmore is an executive vice president of Willis and an expert …
Thousands of victims of BP’s 2010 Gulf oil spill can participate in a new process for economic-loss and medical claims from the accident. The Deepwater Horizon Claims Center, run by court-appointed administrator Patrick Juneau, is opening 18 intake centers across …
Southport Lane, Lonestar Holdco, Dallas National Southport Lane, a New York-based private equity firm, through its subsidiary Lonestar Holdco LLC, will acquire Dallas National Insurance Co., a Texas based property and casualty insurer. Dallas National, a subsidiary of Dallas National …
Colorado State University researchers have raised their forecast for the 2012 Atlantic hurricane season to 13 tropical storms, with five hurricanes and two major hurricanes. In April they forecast 10 tropical storms, with four strengthening into hurricanes and two becoming …
Executives at financial firms would no longer be able to buy insurance to protect themselves against compensation clawbacks or civil penalties under the legislation introduced by U.S. Representative Barney Frank late last month. The bill, Frank said, is aimed at …
The failure to strictly follow the requirements for providing policyholders with information about their hurricane deductible does not mean the deductible is unenforceable, Florida’s high court has ruled. The Florida Supreme Court recently issued the ruling in a case [QBE …
The standard construction contract with the City of New York contains a number of provisions that allow the city to retain a portion of payments on a project. The typical retainage “holdback,” where the city retains 5 percent — 10 …
Market Conditions Right for Insurers in Sports, Entertainment Segment Americans love their sports and entertainment, and right now so does the insurance industry. Insurers are renewing their focus on this class where they see potential, even in the midst of …
National healthcare reform legislation passed by Congress in 2010 may or may not survive consideration by the U.S. Supreme Court, but the healthcare system already has been evolving in ways that are likely to proceed regardless of the success or …
Financing and Weather Among Top Delay Issues Keeping a construction project on track and on schedule is a big job. Many different pieces need to be in place at the right time. One big issue that often arises is the …
