Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample insurance coverage is available for both commercial …
U.S. personal injury lawyers allegedly concealed evidence and induced clients to commit perjury to drive up asbestos-related settlements and garner bigger fees, according to lawsuits unsealed on Tuesday in the bankruptcy of a gasket maker. The unsealed racketeering complaints alleged …
Last week’s ruling that BP Plc’s Macondo well dumped less oil into the Gulf of Mexico than the U.S. government claimed may trigger a settlement before a decision on the amount it must pay after a trial set to begin …
General Re Corp. has announced senior appointments at the group’s global direct property/casualty reinsurance operation. Robert M. Jones will serve as co-president and chief marketing officer for global marketing. Carole M. Ferrero will also assume the title of co-president in …
Willis Group Holdings, the global risk adviser, insurance and reinsurance broker, announced that it has promoted Philip Smaje to Chief Broking Officer for Willis GB, the operating segment that includes Willis’s UK retail insurance business, facultative and London specialty businesses. …
Rocklin, CA, January 21, 2015: Builders & Tradesmen’s Insurance Services, Inc. (BTIS) is pleased to announce the expansion of their Victory® General Liability program into 38 states. Victory® General Liability is an admitted contractor program with a $350 minimum premium …
Rates charged by reinsurers, which have been falling for most of the past decade, may decline more slowly this year, the head of Allianz SE’s reinsurance division said. “Our assessments show that rates in some parts of the market are …
the Association of British Insurers announced that it has launched a campaign for Flood Free Homes, “supported by Friends of the Earth, Know Your Flood Risk, National Flood Forum, and the Property Care Association’s Flood Protection Group.” The ABI said …
Drinking water sources in West Virginia are at risk of contamination from more than 20,000 aboveground storage tanks that are located beyond an area where extra safeguards are required, according to a report released last week. These tanks include 19,133 …
The debate over hydraulic fracturing, a technique used to drill oil and natural gas wells, may be coming to Kentucky. The Lexington Herald-Leader reports there’s been increased interest among oil and gas companies in areas of eastern and central Kentucky. …
