Monthly Archives: <span>June 2009</span>

Court: Professional Liability Policy Excludes Patent Claims

A professional liability policy does not cover legal fees for patent infringement lawsuits brought by a competing company, a Pennsylvania appeals court has ruled. The ruling comes in response to a suit brought by Transcore, a company that makes technology …

North Carolina Moves to Boost Motorboat Safety

Young motorboat drivers in North Carolina would be required to meet minimum boating safety education requirements in legislation approved by the House. The bill approved this week would obligate people under age 26 to complete an approved boating safety course …

Alabama Suit Blames Hotel for Legionnaire’s Disease

Two Jefferson County, Alabama, employees have filed lawsuits claiming they became seriously ill with Legionnaires’ disease as a result of using a hot tub at an Oxford hotel. The lawsuits, filed last week in Calhoun County Circuit Court, say the …

Kmart Accused of Job Bias in Firing of Disabled Employee

The Equal Employment Opportunity Commission is suing retail giant Kmart for employment discrimination, alleging that the company fired an employee because he used a cane. The EEOC says the retailer violated the Americans with Disabilities Act by firing a greeter …

Bank of Amercia Sued for Gender Bias Over Retention Bonuses

Bank of America Corp. was accused in a Manhattan federal lawsuit of discriminating against female brokers at the former Merrill Lynch & Co. by offering them lower retention bonuses than male counterparts. Thursday’s lawsuit seeks class-action status, and contends that …

Ratings Roundup: Plymouth Rock, American Sterling, Mercer, Iron Horse, Agrinational, Intrepid

A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” of Plymouth Rock Assurance Group (PRAC), which includes the operations of Plymouth Rock Assurance …

Ratings: Argo Re, Heddington, La Colonial, Trinidad & Tobago, Lancashire, Brit

A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Bermuda-based Argo Re Ltd. and its U.S. subsidiaries. Best also affirmed the ICR of “bbb” of the parent holding company, …

OSHA Cites Louisiana Companies for Asbestos Violations

U.S. Labor Department’s OSHA has cited three Baton Rouge, La.-based employers $112,000 for alleged asbestos violations. Louisiana Health Care Consultants LLC, Dean Building Holdings and Bob Dean Enterprises Inc. jointly were cited for three alleged willful and 10 alleged serious …

Texas Court Allows Legal Expense Claim in Asbestos Case to Continue

Fireman’s Fund Insurance Company (FFIC) has been denied a motion in a Texas state court that would have established that the company could control whether or not it would pay legal expenses in an asbestos-related case, according to the law …

Mikel to Lead Houston Office of IAS Claim Services

San Antonio, Texas-based independent claims adjusting firm, IAS Claim Services, has added insurance industry veteran Pat Mikel as regional manager of the Houston office. At IAS, Mikel will oversee all client development and operations in the Houston region. Mikel brings …