Democrats appear to be removing medical malpractice insurers from a bill to eliminate the antitrust exemption for health insurers in the McCarran-Ferguson Act. According to Politico.com, Democratic aides in the House said the final antitrust bill likely will not include …
U.N. climate chief Yvo de Boer said on Thursday he will step down in July to join a consultancy group, two months after a Copenhagen summit failed to support a legally binding climate pact. His departure is unlikely to dent …
Washington House passed legislation allowing for the creation of a flood insurance joint underwriting association (JUA) as an insurer of last resort for businesses in the Green River Valley. House Bill 2560, which passed by a 66-30 vote, would allow …
Fire marshals say a malfunctioning boiler caused a weekend fire that ravaged a row of businesses in Queens. The Fire Department said that the weekend blaze, which started in a furniture store, has been declared accidental.The four-alarm fire led to …
Financial stress is the number one reason residential dwellings are intentionally torched, but proving the act of arson is not that easy. In fact, Federal Bureau of Investigation statistics for 2007 show only around 6 percent of arson offenses of …
A former executive at the parent company of the Dunkin’ Donuts coffee shop chain alleges in a $5 million lawsuit that the Massachusetts-based company damaged his reputation so much that he can’t land another job. Michael O’Donovan, who as vice …
A seasonal worker is entitled to workers compensation benefits for an injury sustained after falling at a housing complex supplied by his employer, the South Carolina Supreme Court has ruled. The court sided with the migrant worker who argued the …
Bermuda-based Endurance Specialty Holdings Ltd. announced that, effective March 1, 2010, David Cash will take over as its Chief Executive Officer. Kenneth J. LeStrange, the Company’s Chairman of the Board, President and CEO since its inception, will resign from the …
Travelers Construction Insurance and Travelers Bond & Financial Products have teamed together to offer the Wrap+ Fidelity and Crime coverage to the construction industry. The policy will help protect construction contractors’ assets from internal theft. According to the 2008 Report …
Insurance broker William Gallagher Associates has promoted Karen Cangemi and Michael Talmanson to vice presidents within the firm’s Boston-based Property and Casualty practice. Cangemi has been in the insurance industry for 10 years. Since her start at WGA in 2005, …
