The owners of a Biloxi marina damaged by a casino-owned barge that came loose during Hurricane Katrina are considering an appeal of a Mississippi court ruling that the casino is not liable for the destruction. Last week, the state Court …
A recent article in Lloyd’s “Market” magazine noted that Sean McGovern, General Counsel and, since February 2010, the Director of Lloyd’s North America, “loves to mess about in boats in his spare time.” As he’s now responsible for two posts, …
New securities lawsuits sparked by the credit crisis have all but disappeared, but the pace of securities lawsuit filings in the third quarter continued at elevated credit crisis-like levels. With 284 suits filed in the third quarter, 2010 is on …
Citigroup was accused in a new lawsuit filed of using companywide layoffs during the recent financial turmoil to purge its work force of scores of female employees to save the jobs of less-qualified men. The lawsuit filed in U.S. District …
Three insurance producer groups have joined forces to form the Texas Coalition of Health Insurance Agents to monitor, respond to and communicate on the implementation of the Patient Protection and Affordable Health Care Act (PPACA) in Texas. Coalition members include …
Louisiana and Texas families displaced by Hurricanes Ike and Gustav now have until March 31 to transition to permanent housing. U.S. Housing and Urban Development Secretary Shaun Donovan and Craig Fugate, administrator of the Federal Emergency Management Agency, said that …
The federal government has declared 21 counties in southern Minnesota disaster areas, prompting Gov. Tim Pawlenty to convene a special session for Oct. 18. The Federal Emergency Management Agency says funds are available to local and state government and some …
New York insurance regulators proposed a series of tweaks to the state’s coastal homeowners insurance market this week, but it will probably be months before the state panel tasked with evaluating the proposals makes any decisions. The Temporary Panel on …
Florida workers’ compensation insurers have been given the green light to raise rates an average 7.8 percent starting Jan. 1, 2011. Florida Insurance Commissioner Kevin McCarty has told the insurers’ rating organization, the National Council on Compensation Insurance (NCCI), that …
State Insurance Department officials say they have begun a criminal investigation into the businesses of a Fayetteville man who killed himself in August. The Fayetteville Observer reported that a spokeswoman says the state Insurance Department has begun the investigation of …
