Small U.S. business owners are slightly less pessimistic about their outlook, and in the face of continuing weak sales do not plan to boost capital spending or employment, a monthly survey of small businesses showed. The National Federation of Independent …
The White House is pushing to lift the limit on how much BP pays for the Gulf Coast oil spill. Press Secretary Robert Gibbs said the administration wants to work with Congress to change a law that caps at $75 …
Suspicious insurance claims from staged accidents are on the rise— and nowhere more than in New York and Florida, two states with no-fault statutes. Overall, the number of questionable claims from staged accidents increased by 46.3 percent from 2007 to …
Vermont lawmakers appear poised to pass a bill cracking down on misclassification of workers by employers looking to avoid paying workers’ compensation premiums and unemployment insurance tax. Backers of the measure — which has been agreed to in a legislative …
Hundreds of serious violations were discovered at 57 troubled U.S. coal mines during surprise inspections just days after the nation’s worst coal mining disaster in 40 years, federal regulators said recently. Six small Kentucky operations had so many problems that …
New York lawmakers hold a roundtable discussion today with insurance agents and industry leaders over the difficulties facing the coastal homeowners insurance market. The meeting at the state legislature was called for by Assemblyman Joseph Morelle (D) and state Senator …
The Hartford marks 200 years in business today, a commemoration recognized at the New York Stock Exchange this morning as CEO Liam E. McGee and CFO Christopher J. Swift rang the opening bell. “The company has played a critical role …
Lexington Insurance Co., a Chartis company, has introduced CarbonCover Design & Confirm. The enhancements broaden its architects’ and engineers’ professional liability insurance policy in response to claims arising from greenhouse gas consulting and emission reduction verification services. The claims-made policy …
Addison, Texas-based Affirmative Insurance Holdings Inc., a distributor and producer of non-standard personal automobile insurance policies, reported that gross premiums written and total revenues increased during the first quarter of 2010 compared with the same period in 2009. Total gross …
The Executive Liability Division of Great American Insurance Group has added employment practices liability quoting capability to its ExecProQuote.com Web portal. The ExecProQuote.Com portal allows producers to quote and bind monoline employment practices liability for private U.S.-based companies with no …
