As the magnitude of the earthquake that struck China’s Sichuan Province on Monday, and the extent of the damage it caused, becomes more apparent, the loss estimates from the quake have escalated rapidly. Risk Management Solutions most recent analysis now …
Jardine Lloyd Thompson (JLT) has announced the appointment of Matthew Strong as Director, Capital Risks, Asia, which, JLT said reinforces its “long-standing commitment to the Asian market and underlines the increasing importance that businesses place on understanding and preparing for …
“Businesses could be facing a future liability crisis if they do not face up to growing litigation issues,” Lloyd’s warns in its latest report -“‘Directors in the Dock – is business facing a liability crisis?” The study, part of Lloyd’s …
Officials evacuated the 52-story Marriott Marquis Hotel in downtown Atlanta after reports of a chemical spill. Police say they received reports of fumes from a lower parking level of the hotel about 10 p.m. Tuesday. Atlanta Fire Department Capt. Bill …
Faced with an unfriendly Congress, the Bush administration has found another, quieter way to make it more difficult for consumers to sue businesses over faulty products. It’s rewriting the bureaucratic rulebook. Lawsuit limits have been included in 51 rules proposed …
Three U.S. companies that once made lead paint have spent nearly a decade fighting off a lawsuit that could force them to pay billions to clean up contaminated properties. The case heads to the Rhode Island Supreme Court on Thursday, …
New Yorkers would be let in on the secret when their doctor is charged with misconduct under a proposal by New York Gov. David Paterson. The measure would end the protection for doctors against disclosure of the charges until a …
Federal investigators have concluded that a lack of company safeguards such as alarms and automatic shutoffs led to a massive chemical plant explosion in Danvers. The U.S. Chemical Safety Board is expected to issue a report Tuesday that confirms solvent …
U.S. actor Dennis Quaid urged the U.S. Congress Wednesday to preserve patients’ rights to sue drugmakers for injuries, recounting how his newborn twins nearly died from an accidental drug overdose. Quaid and his wife have sued Baxter International Inc , …
A small section of a four-story parking deck near SouthPark Mall in Charlotte, N.C. collapsed, but authorities say no one is hurt. Charlotte Fire Department Captain Rob Brisley said a few cars suffered some minor damage. The deck is next …