Insurers face five times the average number of lawsuits than other economic sectors 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 …
Privacy and Security Coverage Enhancements Nuts & Bolts: Underwriting manager and claims administrator Euclid Managers LLC have a set of security and privacy coverage enhancements that can be endorsed onto any of the Euclid Managers’ Internet and tech professional liability …
A federal court has upheld the jury verdicts that recognized the two-plane terrorist attacks on the towers at the World Trade Center on Sept. 11, 2001, as a single event for some insurers and two events for others. A three-judge …
Major earthquakes, category 5 hurricanes and terrorist attacks strike in an unpredictable manner. A fortune teller who could predict when the next of any of these events will occur would be hailed as the next Nostradamus. Yet, at a Sept. …
News Currents 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 …
Aon, Old Republic Insurance Co. Chicago-based Aon has taken further steps to exit the property and casualty underwriting business by moving to sell its Construction Program Group (CPG). Aon also announced that it would strengthen reserves for its remaining specialty …
USI Holdings USI Holdings Corp. received an inquiry from a private equity firm interested in acquiring all of the outstanding common stock of the company. In response, the company’s board of directors formed a special committee consisting of outside directors …
Aon, Old Republic Insurance Co. Chicago-based Aon has taken further steps to exit the property and casualty underwriting business by moving to sell its Construction Program Group (CPG). Aon also announced that it would strengthen reserves for its remaining specialty …
Chris Hughes, with Swingle, Collins & Associates, is the new president of the Independent Insurance Agents of Dallas. Swingle Collins reported that Hughes joins officer ranks with firm president, Frank Swingle, whose term as president-elect of the Independent Insurance Agents …
Insurance agents and executives have a lot to worry about as the fast-paced virtual economy takes hold. According to futurist Edie Weiner, they are right to be worried. She says there are a lot of risks ahead and given the …
