Monthly Archives: <span>September 2012</span>

U.S. Lawsuits Target Carnival in Italy Cruise Crash

Hundreds of passengers from the stricken Italian cruise ship Costa Concordia and up to 1,000 businesses on the island where it ran aground are pressing ahead with lawsuits in the U.S. against Miami-based Carnival Corp., the world’s largest cruise line. …

Financial Firms Having to Adjust to Aggressive Consumer Protection Bureau

The new federal agency charged with enforcing consumer finance laws is emerging as an ambitious sheriff, taking on companies for deceptive fees and marketing and unmoved by protests that its tactics go too far. In the 14 months it has …

West Virginia Business Court to Debut Oct. 10

The state Supreme Court will debut a business court division next month, taking often-complicated disputes out of a hectic circuit court system, Chief Justice Robin Davis said this week. The business court that will start Oct. 10 generally will handle …

U. of California Sues Facebook, Wal-Mart, Disney Over Patents

A University of California patent licensee which has sued some of the biggest U.S. companies is taking on three more — Facebook Inc., Wal-Mart Stores Inc. and the Walt Disney Co. Eolas Technologies Inc. and the Regents of the University …

Focus of MF Global Probes Turns to Civil Cases; Insurance Dwindling

Prosecutors investigating the collapse of failed commodities brokerage MF Global are close to wrapping up their criminal probe and are unlikely to file criminal charges, a move that could pave the way for regulators to bring civil cases, according to …

ACE Adds Chemical Withdrawal Expense Endorsement to Ace PaC Form

ACE USA, the U.S-.based retail operations of the ACE Group, has expanded coverage for buyers of its combined general liability and pollution policy form—ACE PaC—designed for mid-sized clients in the chemical industry with pollution exposures. The ACE chemical product withdrawal …

Verisk Crime Analytics Launches Cargo Theft Prevention Systems in Canada

Verisk Crime Analytics has launched national information sharing systems designed to help Canadian insurers and their policyholders combat the growing problems of cargo and heavy equipment theft. Verisk Crime Analytics is a unit of Verisk Analytics, a source of information …

PCI Urges Rapid Progress on Trans-Pacific Free Trade Agreement

Dougherty Joins XL’s Global Insurance Operations as CFO

XL Group plc announced the appointment of Chris Dougherty as Chief Financial Officer – Insurance. He will be responsible for overseeing financial reporting and planning, accounting, budgeting and financial analysis for XL Group’s global insurance operations. According to Greg Hendrick, …

HDI-Gerling UK Names Gwilt to Head Fleet Management Division

Industrial Insurance Company HDI-Gerling announced the appointment of Michael Gwilt as manager responsible for fleet risk management and business development to its newly formed UK motor [auto] division. He will report to John Shepherd director of motor, who joined HDI-Gerling …