January 3, 2012
The pace of filings of class actions under federal securities and commodity laws held relatively steady in 2011 as compared to the previous three years, according to a new report. But there has been a substantial shift in the composition …
January 3, 2012
Victor O. Schinnerer has created a new errors and omissions product for artisan contractors that includes coverage for faulty workmanship. “We want to offer our artisan contractor policyholders an insurance solution that speaks to their unique exposures. Many artisan contractors …
January 3, 2012
London-based Liberty Syndicate Management Limited, a member of Liberty Mutual Group, has appointed Rene Dubois to lead its Business Advisory team. He is an experienced commercial lawyer with more than 17 years’ experience in the insurance and reinsurance markets. Liberty …
January 3, 2012
A strong earthquake with a preliminary magnitude of 7.0 struck under the sea several hundred miles (kilometers) south of Japan on Sunday, shaking buildings in the capital, but officials said there was no danger of a tsunami. The quake struck …
January 3, 2012
UK-based specialist broker Voyager Insurance Services Ltd, a member of the Somerville Group, which is focused on providing travel insurance to insurance brokers and third party intermediaries, has acquired the Fresh Start book of business from Culpeck Insurance Services for …
January 3, 2012
Business processing specialist Xchanging announced that it has invested in a major upgrade of the mainframe platform at the heart of the London Market Bureau. The bulletin explained that the company has purchased an IBM z114 machine, which it described …
January 3, 2012
Insurers have paid at least $2.2 billion claims arising from the April tornado outbreak in Alabama, authorities said. More than 2,500 claims are still pending eight months after the storms, The Birmingham News reported. The figures, from the Alabama Department …
January 3, 2012
Larry Benefield didn’t attend Louisiana State University. He has been to only one football game there in his life, a matchup against Kentucky in the 1980s or 1990s. But the Gulfport, Mississippi resident owns one of LSU’s most storied artifacts …
January 3, 2012
Officials said they believe the latest earthquake activity in northeast Ohio is related to the injection of wastewater into the ground near a fault line, creating enough pressure to cause seismic activity. The brine wastewater comes from drilling operations that …
January 3, 2012
Diane Hopp says she doesn’t have a green thumb, so if her neighbors were around, they might be surprised to see her spraying a garden hose — particularly in December inside the living room of a newly renovated home. “It …