Marsh Marsh & McLennan Companies Inc., the No. 2 global insurance broker, said the 2008 restructuring at Marsh Inc., its flagship insurance brokerage unit, was on track to generate annual savings of $200 million, and it plans further spending cuts …
A Supreme Court ruling this week that federal approval of a drug is no protection from lawsuits in state courts could make drugmakers more cautious about safety issues and may lead them to halt development of some medicines and even …
Following the recent Supreme Court decision that federal rules do not protect drugmakers from state lawsuits, Democrats in Congress have moved to overturn a decision that has shielded medical device companies from similar legal action. Last Wednesday the court turned …
The Supreme Court Wednesday ruled against the drugmaker Wyeth, holding that pharmaceutical companies can be held liable for harm from medicines which carry warnings approved by federal regulators. By a 6-3 vote, the high court ruled that labeling approvals by …
Vermont lawmakers will consider a bill that would extend workers’ compensation to cover mental and emotional problems suffered on the job. But the proposal is getting a cool reception from the insurance industry. State Rep. Paul Poirier, who helped create …
Automobile fatalities declined in 40 states in 2008, a sign that traffic deaths could dip to their lowest levels in four decades. The Governors Highway Safety Association said that vehicle deaths dropped in 40 states and the District of Columbia …
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. Fire Protection Contractors Market Detail: McNeil & Co. brings agents the FireWatch Program. This is …
Buffalo, N.Y.-based Merchants National Insurance Company, a wholly-owned excess and surplus lines subsidiary of Merchants Insurance Group, began accepting new business on Feb. 1, 2009. The company reported as of that date it has been approved in 10 states. The …
A jury says Volkswagen isn’t to blame for the injuries suffered by a Vermont man in a 2002 wreck that paralyzed him. The suit stemmed from a Christmas Eve accident in Hanover, New Hampshire, in which a 1999 Jetta driven …
A century ago, at the dawn of food safety laws, inspection amounted to little more than opening a bin of flour and looking for something wiggly. It’s a different story now. Solving the case of the poison processed peanuts took …
