A Transocean employee who served as chief mate on the Deepwater Horizon testified in New Orleans that he believes the rig crew’s emergency training saved lives following the 2010 explosion that killed 11 workers and triggered America’s worst offshore oil …
In a meeting on March 25, the board of directors of Texas’ insurer of last resort in coastal areas is expected to discuss the organization’s dire financial condition and the possibility of placing the organization into receivership. According to the …
One of the axioms of Texas bad faith law has always been that there is no bad faith where a carrier has not breached its duties to the insured. If you act reasonably and make a mistake, it is not …
One of the most heavily litigated insurance issues in coverage liability cases related to outbreaks of widespread food borne illnesses is the determination of occurrence where multiple people in multiple states are affected by a contaminant that seems to stem …
A bill headed to the Ohio governor aims to curb duplicate lawsuits over on-the-job asbestos exposure in a state with one of the nation’s largest backlogs of such cases. A spokesman for Gov. John Kasich said he will sign the …
Attorneys for thousands of Gulf Coast property owners urged a federal judge in New Orleans to give his final approval to a proposed class-action settlement that calls for a Chinese drywall manufacturer to pay hundreds of millions of dollars to …
Oklahoma’s attorney general delivered $20,000 to a Tulsa couple on Oct. 15, the first of hundreds of mortgage settlement checks to be given to homeowners who were victims of wrongful lending practices and in some cases lost their homes. “It …
London-based R K Harrison Insurance Services (RKHIS), part of the employee-owned insurance broker, R K Harrison Group, has developed a new Professional Indemnity insurance policy for art market professionals. The company described the new product as the first of its …
The country’s largest provider of private federal court house security officers recently paid a $1.9 million fine to the federal government to settle allegations that some of its guards fudged results of gun-range tests. Akal Security, a New Mexico company, …
Secure Legal Title Ltd., a London-based provider of legal indemnity and title insurance, announced the registration at Lloyd’s of “Secure Legal Title Cover,” which will provide legal indemnity and title insurance for commercial property in the UK and throughout Europe. …
