Companies of all sizes are vulnerable to potentially devastating management, employment and fiduciary liability lawsuits. Even claims filed without merit can result in defense expenses that are financially draining. Private Accord, a new packaged liability policy available through Business Risk …
Bermuda-based Allied World Assurance Company Holdings announced that it has completed its acquisition of Darwin Professional Underwriters, Inc. Darwin, a specialty insurer based in Farmington, Connecticut, will become part of Allied World’s U.S. operations. The deal was originally announced last …
Hospitality Mutual Insurance Co. in Westborough, Mass., named John W. Tympanick president and chief executive officer. He has also been appointed to the company’s board of directors. Hospitality Mutual, a mutual insurance company serving the hospitality industry, replaced the Liquor …
A Connecticut judge has given the brush-off to a blonde woman’s lawsuit claiming L’Oreal Inc. ruined her social life when she accidentally dyed her hair brunette with one of its products. Charlotte Feeney says she can never return to her …
Have the free-wheeling, capitalism-at-all-cost titans of business who maintain the market will fix all ills had their day — at least for now? For the last 30 years deregulation has been all the rage — from the airline industry to …
Not a Gambling Problem “I wouldn’t refer to it as gambling. [The credit default swaps were] underwritten individually and very carefully.” —Martin Sullivan, former AIG CEO, testifying before the House Committee on Oversight and Government Reform, that writing in the …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Medi-Tourism Professional Liability Market Detail: Arrowhead Wholesale Insurance Services LLC brings to market a professional …
The Securities and Exchange Commission should get more power to police credit derivatives even though it failed to use its existing authority to rein in risky behavior that contributed to a global financial crisis, a former SEC chief told Congress …
A Connecticut judge has given the brush-off to a blonde woman’s lawsuit claiming L’Oreal Inc. ruined her social life when she accidentally dyed her hair brunette with one of its products. Charlotte Feeney says she can never return to her …
Washington’s Office of the Insurance Commissioner announced that Trinity Universal Insurance Co. intends to purchase the National Merit Insurance Co. and hopes to complete the sale by the end of 2008. Before the sale can be completed, the Insurance Commissioner …
