June 12, 2008
Maine’s supreme court has sided with an insurance company that refused to pay a wrongful death claim benefiting a husband who caused his wife’s death. The estate of Esther Pecci brought action against Amica Mutual Insurance Co. after it denied …
June 11, 2008
More than 20 lawsuits stemming from a massive security breach of Hannaford Bros. Co.’s computer system have been consolidated and assigned to a federal court in Maine. The case will be heard by U.S. District Judge D. Brock Hornby in …
June 2, 2008
The odd-numbered year scenario could come as close to predicting hurricanes as hurricane forecasting experts have recently. Gulf Coast residents: It’s time to cross your fingers, pull out the old rabbit’s foot, avoid breaking mirrors or walking under ladders, knock …
June 2, 2008
Florida, Louisiana and Texas may be most at risk The credit crunch in the U.S. financial markets that boiled over due to the subprime mortgage meltdown may affect the ability of insurers and reinsurers that cover coastal areas to raise …
June 2, 2008
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. Energy Risks Market Detail: MarketScout has a team dedicated to energy accounts. They have the …
May 29, 2008
Each April, weather wizard William Gray emerges from his burrow deep in the Rocky Mountains to offer his forecast for the six-month hurricane season that starts June 1. And the news media are there, breathlessly awaiting his every word. It’s …
May 23, 2008
The Hanover Insurance Group, Inc. is offering enhancements to its automobile and homeowners policies for towing, labor, and rental cars as well as waived deductibles and guaranteed policy renewals. The new personal insurance benefits — called Ultimate Service and Total …
May 22, 2008
Newark, Calif.-based Risk Management Solutions (RMS) has become a partner in the Resilient Coasts Initiative, a collaboration led by Ceres and the Heinz Center. RMS will contribute technical expertise on climate-driven catastrophe risk and adaptation modeling. The Resilient Coasts Initiative …
May 19, 2008
Eight lawsuits have been filed against companies involved with the heating system that malfunctioned at the Redstone Apartments near the University of Vermont in January, 2005, killing one person and sickening others. The lawsuits target as many as 10 companies, …
May 19, 2008
A federal court has blocked a Maine woman from suing her employer for sex discrimination after she claimed she was denied a promotion because of her childcare responsibilities for her four children including 6-year-old triplets. Laurie Chadwick complained that Wellpoint …