Higher Exposures, Limits “Clearly, companies are reacting to the fact that D&O liability exposures facing directors and officers are arguably at an all-time high. Insurance buyers continue to be threatened by an ever-expanding litigation environment and have an increased awareness …
Presumably Watson “I could actually envision an agent or an executive literally referring to the system in the presence of the consumer or the trainee, saying, ‘Hey, I don’t know this. I’m not positive about that. Let’s ask Watson. ‘Hey, …
D&O Limits Driven Up “Clearly, companies are reacting to the fact that D&O liability exposures facing directors and officers are arguably at an all-time high. Insurance buyers continue to be threatened by an ever-expanding litigation environment and have an increased …
New Rules on Payments “I think the process is working well. I do think I’ve heard enough about lack of transparency and lack of consistency that we have to do something about that.” —BP Oil Spill Claims Fund Administrator Kenneth …
A Philanthropic Model “As a company, we believe it is important to raise awareness of the needs of local fire departments. Supporting the fire service means rescuers will be better protected and our communities will be safer.” —Michael LaRocco, president …
Significant Flooding Likely “It appears likely we’ll get moderate to major levels of flooding on the Mississippi.” — Mark Fuchs, a hydrologist for the National Weather Service, said towns along the upper Mississippi River could see significant flooding this spring. …
Rate Battle War of Words “High commercial auto rates can cause significant harm to small businesses. We believe Progressive’s proposed increase is unjustified and an unfair rate hike on small businesses across Massachusetts.” —Massachusetts Attorney General Martha Coakley, who urged …
An Incremental Approach “We have been working on lawsuit reform for years, taking mostly an incremental approach.” —Oklahoma Sen. Anthony Sykes, R-Moore, chairman of the state Senate Judiciary Committee. The committee approved five lawsuit reform measures: SB 862 would eliminate …
E&S Creativity “Creativity has always been the backbone of the non-admitted world.” — Alan Kaufman, president and CEO of Burns & Wilcox In Denial “One thing we as a society don’t really do anymore is build for where we live. …
Hot Items “Thieves can steal these converters in less than a minute. …They also do a lot of damage to the car when they do steal it. Taking a few precautionary measures may deter thieves from attempting to steal your …
