Hanson PLC, an international building materials company, announced that one of its U.S. subsidiaries, responsible for approximately 20 percent of the group’s present asbestos costs, has reached a settlement with its insurers. The settlement is effective from January 1, 2006 …
Move supports Peak’s strategic growth initiative, and reflects Ohio’s commitment to business expansion and job creation through a portfolio of incentives offered by the Ohio Department of Development (ODOD) Columbus, OH — Peak Performance, a leading provider of insurance technology …
Before you give that special someone the perfect Valentine’s Day gift, you should know that Allstate has reportedly exposed a major myth surrounding every woman’s best friend. Allstate claim adjusters, who handle thousands of claims each year, have revealed The …
Employers and their insurers need to be prepared for the tens of thousands of physically injured veterans returning from conflicts in Iraq and Afghanistan, according to the Insurance Information Institute (I.I.I.). “Workplace injuries that are primarily the result of injuries …
Legislation to force Colorado consumers to buy medical payment coverage was narrowly defeated Monday on the Colorado House floor. House Bill 1036, killed by a one-vote margin, would have required insurers to provide $5,000 medical payment coverage unless it was …
To help Illinois employers reduce on-the-job injuries and illnesses the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) and the state of Illinois will offer five morning safety seminars starting March 8 at Eigerlab in Rockford, Ill. The …
Bermuda-based Arch Capital Group Ltd. reported that net income for the 2005 fourth quarter was $100.9 million, or $1.34 per share, compared to $107.1 million, or $1.45 per share, for the 2004 fourth quarter. For the year ended Dec. 31, …
According to the Workplace Health, Safety & Compensation Commission of New Foundland and Labrador (Canada), 58 women whose husbands were fatally injured before the Charter of Rights and Freedoms’ equality rights provision (Section 15) was implemented in 1985 are going …
Driven by the largest natural catastrophe in U.S. history, Hurricane Katrina, the U.S. property/casualty industry’s underwriting loss was $2.8 billion for the first nine months of 2005, reversing the $3.4 billion underwriting gain reported during the same period of 2004, …
James Little, CEO, president and chairman of California-based Employers Direct Insurance Company, reported the appointment of Mark Webb as vice president/Governmental Relations of the company. Webb, a nationally recognized governmental relations expert, was most recently assistant general counsel and director …