When the family of the Jamaica Plain, Mass. woman who was killed when part of the ceiling in a Boston Big Dig tunnel fell gets around to filing a wrongful death lawsuit, that suit is expected to trigger legal fights …
The Council of Insurance Agents & Brokers praised Congress for addressing insurance market reform and said there is still time this session to enact some easy, achievable changes that could have a major impact on the marketplace. In testimony before …
Liberty International Underwriters (LIU), a division of Liberty Mutual Group, and Travel Professionals Insurance Network (TPIN), a service of MPP Co. Inc., have partnered to offer a new travel professionals errors and omissions insurance product, which is available in 32 …
If investors think they’re safe from the scandal involving the suspicious timing of executive stock option grants, they may want to consider this: Even if they aren’t invested in companies caught up in that mess, it could still cost them …
American International Group Inc., one of the nation’s largest insurers, is sparring again with its former chairman, Maurice “Hank” Greenberg. AIG announced that it is canceling its “agency arrangement” with the American International Marine Agency, a subsidiary of the Greenberg-controlled …
Tudor Insurance Company has introduced an enhanced version of its non-profit organization liability policy. A separate limit of liability will now be available for employment practices liability claims (generally available at premiums equal to their current program where directors and …
The Commonwealth of Puerto Rico failed to file a timely appeal of a ruling by the U.S. Court of Appeals for the First Circuit, meaning an earlier federal court decision striking down Puerto Rico’s controversial countersignature law as unconstitutional is …
The Texas Surplus Lines Association announced their support of House Bill 5637, a new federal bill to reform surplus lines regulation. The bill, sponsored by Ginny Brown-Waite, R-Fla. and Dennis Moore D-Kan., and co-sponsored By Pete Sessions, R-Texas, and many …
International P/C insurer and reinsurer Catlin Group Limited, has formed a crisis management underwriting team that will write product recall and kidnap and ransom (K&R) coverages, effective 1 July 2006. Catlin’s origins are in the U.K., but it is headquartered …
Lexington Insurance Company, a member company of American International Group, Inc. (AIG), has introduced Warehouse Legal Liability insurance, a new policy providing coverage for the warehousing, trucking and logistics industries. The new policy addresses legal liability that may arise from …
