Japan’s Supreme Court recognized the intellectual property rights of employees who invent products in a landmark ruling last week, ordering Hitachi to pay 163 million yen ($1.4 million) to a former worker. The court backed a January 2004 high court …
Insurance companies are the litigation champions confronting an average of 1,696 lawsuits, spanning from product liability and environmental class actions to directors and officers claims, and even coverage fights over hurricanes and terrorist attacks, according to a new survey of …
In this issue there is an Associated Press story that describes how motorcycles are now being equipped with frontal protection airbags (page 45) that has me scratching my head about the logic of this newest safety endeavor. While not too …
Jeaneen Parsons’ husband steered their motorcycle to the ground seven years ago to avoid hitting a passenger whose cycle went down on a twisting mountain road in Kentucky. The couple emerged from the accident with a few road burns and …
A new report by international reinsurance broker and risk intermediary Benfield, entitled “China Insurance Market Review: Major changes, rapid growth,” examines the changes that have taken place in in the recent past in the country and what may happen in …
Seattle-based Safeco announced it intends to list its common stock on the New York Stock Exchange (NYSE). Safeco anticipates the trading of its common stock to commence on the NYSE on Nov. 30, 2006 under the new symbol “SAF”. Until …
Euler Hermes ACI, the US subsidiary of the Euler Hermes group, a global credit insurance provider, has issued its latest analysis of the global economy which concludes that although the IMF outlook remains positive, “negative factors loom.” Euler Hermes said, …
Although it is undeniably one of the 50 United States, Hawaii’s location at the edge of the Pacific Rim yields creative business opportunities throughout the world. The state’s captive insurer law already has reaped dividends, and Hawaii’s port of entry …
Hawaii:Perfectly poised for insurers in the Pacific Rim Although it is undeniably one of the 50 United States, Hawaii’s location at the edge of the Pacific Rim yields creative business opportunities throughout the world. The state’s captive insurer law already …
Jeaneen Parsons’ husband steered their motorcycle to the ground seven years ago to avoid hitting a passenger whose cycle went down on a twisting mountain road in Kentucky. The couple emerged from the accident with a few road burns and …
