NL Industries Inc. is one of five paint companies that presented closing arguments against a public-nuisance lawsuit by 10 California cities and counties seeking more than $1 billion to replace or contain lead paint in millions of homes. Superior Court …
On Oct. 1, IWIF, Maryland’s largest provider of workers’ compensation insurance, will launch a new name and corporate structure as a private, not-for-profit company. As a result of legislation passed by the Maryland General Assembly in 2012, IWIF will become …
Real estate brokers have joined the chorus of those asking Congress to halt some of the changes to the nation’s flood insurance program that will raise premiums for some owners of property in flood zones. At the invitation of Florida …
Willis North America has appointed Eric Joost as chief operating officer. Joost has been serving as chief executive of Willis North America’s Specialty Practices since 2009. He will report to Todd Jones, CEO, Willis North America. In this newly created …
Atlanta-based insurance broker Beecher Carlson, a division of Brown & Brown Inc., has appointed Frederick Wass as senior vice president. Bringing 30 years of energy experience, Wass will report to Rob Bothwell, president of Energy. He will be responsible for …
The world has moved quickly from wonder at the idea of driverless cars to impatient expectation. The Cadillac SRX zipping around a test track in suburban Detroit is flashing a sign: Not so fast. The car can pilot itself at …
By Jay Hancock, KHN Staff Writer Health-law provisions taking effect next year could save U.S. employers billions of dollars in expenses now paid for workers who continue medical coverage after they leave the company, benefits experts say. Insurance marketplaces created …
American International Group Inc. and Brookfield Asset Management Inc. agreed to end a 2009 lawsuit in which Brookfield sought a judge’s ruling that the insurer’s collapse triggered default provisions in interest-rate swaps. Brookfield sued in federal court in Manhattan, alleging …
Medical professional liability insurer ProAssurance Corp. said it is acquiring monoline workers’ compensation insurer Eastern Insurance Holdings Inc. in an all-cash transaction that values Eastern at $24.50 per share. Eastern will become a wholly-owned subsidiary of ProAssurance. The transaction, with …
International specialty property/casualty insurer and reinsurer Bermuda-based Catlin Group Limited announced the establishment of the Catlin Global Reef Record Catlin has sponsored the group’s Seaview Survey for the past two years, a project to determine the state of the world’s …
