In early July, Stanford University Law School Class Action Clearinghouse and Cornerstone Research jointly issued their mid-year 2007 report on securities class action filings. The report confirmed that 2007 year-to-date filings remain at about the same levels as in 2006 …
The world has experienced rapid and profound changes in recent years, and the energy industry has been no exception. Climate changes (including global warming), market fluctuations, ever-increasing business mergers and acquisitions, natural disasters, terrorism threats, war, political risk, increasing regulatory …
The world has experienced rapid and profound changes in recent years, and the energy industry has been no exception. Climate changes (in-cluding global warming), market fluctuations, ever-increasing business mergers and acquisitions, natural disasters, terrorism threats, war, political risk, increasing regulatory …
Ever since “entity coverage” became a part of the standard directors’ and officers’ policy, bankruptcy courts have wrestled with the question of whether D&O policy proceeds are property of the bankrupt estate and therefore subject to the bankruptcy code’s automatic …
Stock Prices: Commercial insurers’ stocks were up an impressive 8 percent for the second quarter of 2007. Much of the increase can be attributed to the high premium which was paid for Ohio Casualty Corp. (Nasdaq:OCAS) by Liberty Mutual Group. …
How adopting the International Existing Building Code will affect claims and adjusting costs Historically, California has operated under the Uniform Building Code as modified by the state and adopted as the “California Building Code,” then adopted by local municipalities. Now, …
Do you think of business owners policies (BOPs) as low-premium accounts that won’t make any money, are too labor intensive, or are more trouble than they’re worth? Don’t be so quick to judge. This line of coverage is evolving so …
One of the standard features of the typical directors’ and officers’ liability insurance policy is the provision allowing the insureds to select their own defense counsel, subject only to the insurance carrier’s consent (such consent not to be unreasonably withheld). …
With so many areas of workers’ compensation out of the control of the policyholder, the experience rating modifier is the one area where an employer’s efforts can effectively impact premium cost. Experience rating is the interaction of claims management and …
In 2005 the Texas Legislature passed a sweeping reform of the workers’ compensation system. Perhaps the most talked about aspect of the reform is the inclusion of health care provider networks. At last count the Texas Department of Insurance (TDI) …
