The economic uncertainty that plagues buyers of insurance does not bode well for the property/casualty insurance industry, experts are warning. Ernst & Young, the global tax and business advisory firm, said it expects that low premium growth will persist through …
The Supreme Court’s decision in Wal-Mart v. Dukes, heralded last term as a game-changer in employment class actions, has lived up to the hype. Since the Court issued the Dukes decision in June, it has been cited by lower courts …
A.M. Best Co. has released a briefing on the 2012 global reinsurance outlook, which concludes that despite the near record number of catastrophic event in 2011, the rating outlook “is being held at stable.” Best cited the “continued strong risk-adjusted …
France’s Gras Savoye, which is closely associated with Willis, announced that it has received a license to commence brokerage operations in Georgia (the country – not the state), as part of its initiative to expand its business from Turkey into …
A federal panel says a company knew of the explosive danger of dust throughout its Tennessee plant but didn’t do enough to prevent three separate blasts that killed five people last year. The U.S. Chemical Safety Board released a final …
A South Carolina judge has granted preliminary class-action status to lawsuits alleging defective stucco work on homes in Sun City Hilton Head. The Island Packet of Hilton Head reported that Judge J. Michael Baxley issued the order last month. The …
The New Year ushered in changes to the operation of Texas’s insurance company of last resort for wind and hail along the Texas coast. Many of the operational changes will affect insurance agents who handle Texas Windstorm Insurance Association policies. …
At restaurants, at movies and at the office, checking Facebook has become a regular habit for many of the Internet social network’s more than 800 million users. Now that habit has reached a new frontier: the automobile. Mercedes-Benz USA is …
After losing a baby because of an incompetent cervix, Patricia Votre thought she was well prepared when she got pregnant again. She made arrangements with her doctors to consult with high-risk pregnancy experts from Yale University and to have the …
A judge has dismissed most of the claims in a New Mexico lawsuit by two women who alleged their daughter’s teacher discriminated against the girl because her parents are gay. Shannon Peterson and Jessica Bissell sued the Rio Rancho Public …
