United States News

300 Homes to Be Repaired in Settlement With Chinese Drywall Firm

A Chinese drywall manufacturer has agreed to participate in the remediation of up to 300 homes in Alabama, Mississippi, Louisiana and Florida that were contaminated by faulty drywall. The agreement reached with Knauf Plasterboard Tianjin (KPT) in Chinese Drywall multidistrict …

5 Risk Management Tips for Design Firms

Contracts, Emerging Risks and M&As Critical Areas to Notice As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat. This dangerous trend means insurance brokers and …

Berkley: Economic Recovery Depends on Country’s State of Mind

Economic recovery in the United States is now very dependent on the state of mind of the American public and its business leaders, according to William R. Berkley, founder, chairman and CEO of W.R. Berkley Corp. “No one in Washington …

5 Risk Management Tips for Design Firms

Contracts, Emerging Risks and M&As Critical Areas to Notice As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat. This dangerous trend means insurance brokers and …

Fireman’s Fund Ready to Rally

Company Progressing on Mass Market Strategy Fireman’s Fund’s financials, like other insurance carriers’, got bruised a little in the first half of 2010, following some heavy catastrophe losses. But company President and CEO Mike LaRocco said he’s “very bullish” about …

Lexington Enters New Insurance Territory With Carbon Registry Product

As many businesses work to reduce their carbon footprints and go green, insurers are rushing to keep up with the world of alternative energy, climate change, green technology and green building by developing new products to support these businesses efforts. …

New Web-based Atlas Details Hazards of Living on Texas Coast

One of every four Texans lives along the coast; Texas has 16 major ports and more than 3,300 miles of bays and estuaries. Those are just a few facts available in a new a Web-based atlas of the 18-county Texas …

China’s Legal System: an Insurance Perspective

Years ago a lawyer friend told me of an experience. While teaching a group of Chinese lawyers, he proposed a question to them of who is responsible if a vehicle hits a pedestrian in a cross walk? The class said …

Panel Finds Halliburton At Fault for Flawed Cement in BP Oil Well

Halliburton Co. used flawed cement in BP Plc’sdoomed Gulf of Mexico well, which could have contributed to the blowout that sparked the worst offshore oil spill in U.S. history, a White House panel said Thursday. Halliburton’s shares tumbled as much …

Foremost Insurance Group Joins Trusted Choice

Michigan-based Foremost Insurance Group is the newest member to join the Trusted Choice consumer branding program for independent insurance agents and brokers. Foremost is a provider for property and casualty insurance products in the United States. They join 57 other …