A proposal to shield Mardi Gras float-builders from some liability claims for accidents on the parade route was scuttled by a Louisiana Senate committee after opponents argued the state shouldn’t give such protections to private companies. Rep. Jeff Arnold, D-New …
The UK’s Miller Insurance, a specialist independent insurance and reinsurance broker, announced that Nick Drury has joined the company, as a specialist in the placement of corporate multinational accounts. Drury has more than 40 years’ insurance industry experience. He previously …
A federal judge has dismissed a lawsuit filed by two Gulf Coast attorneys who had accused former attorney Richard “Dickie” Scruggs and associated law firms of using money owed to them in a scheme to bribe judges and other elected …
BP Plc shares tumbled nearly 16 percent on U.S. exchanges to a 14-year low Wednesday on rising fears about how the wounded company will cope with the massive costs of the Gulf of Mexico oil disaster. The stock has now …
An administrative law judge ruled this week that there was no pattern of violations that would lead to stricter regulation at a Massey Energy Co. mine in Virginia. A Federal Mine Safety and Health Review Commission judge ruled that 10 …
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Cayman Islands-based Eastern Re Ltd. S.P.C., both with stable outlooks. The ratings recognize Eastern Re’s “strategic affiliation with the holding company, …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of New York Marine Group. The ratings also apply to the two members of the group, New York Marine and …
The Orange Empire Chapter of the Chartered Property Casualty Underwriters (CPCU) Society recently elected its 2010-2011 officers. The chapter serves about 300 members who live and/or work in the Orange, Riverside and San Bernardino counties of California. The incoming new …
Reacting to BP’s Gulf of Mexico oil spill, a high-ranking U.S. senator Wednesday sought to toughen prison sentences for corporate officials who are found guilty of environmental crimes and to broaden fines for violations. Senate Judiciary Committee Chairman Patrick Leahy, …
Property appraisers from three Panhandle counties and a state representative say the Legislature should allow tax appraisers to lower coastal property values immediately because of the oil spill. Appraisers from Escambia, Santa Rosa and Okaloosa counties and Rep. Dave Murzin …
