February 11, 2008
Attorneys for Mississippi attorney Richard “Dickie” Scruggs asked a federal judge to dismiss criminal contempt charges that he ignored a court order to turn over documents about insurance claims after Hurricane Katrina. Scruggs is accused of violating a federal judge’s …
September 18, 2007
San Diego, CA – Arrowhead General Insurance Agency’s, Inc. new Professional Liability Division joins the company’s portfolio of nationwide products by offering Accountants Professional Liability, Insurance Agents Professional Liability and Miscellaneous Professional Liability. The programs were formerly affiliated with London …
September 18, 2007
The vast majority of U.S. insurers have little or no exposure to the volatility in the subprime mortgage market because a substantial percentage of their investments are in the highest-rated bonds or stocks with no direct ties to lenders, an …
September 4, 2007
The lack of familiarity with Federal Acquisition Regulations and government immunities can leave U.S. government contractors exposed to costly lawsuits from customers and business partners, says Chubb Group of Insurance Companies. Contractors working for the Department of Defense or on …
August 22, 2007
The subprime mortgage lending blame game is in full swing — with people arguing about who’s at fault for mortgage defaults, bond losses and lender failures — but “we’re only in the very top of the first inning,” when it …
August 21, 2007
Marsh UK issued a warning to the European financial services sector, including insurance companies, hedge funds, banks and ratings agencies, that “they may be exposed to greater Directors’ and Officers’ Liability (D&O) and Errors and Omissions (E&O) Liability claims in …
July 24, 2007
Policyholders who settled Hurricane Katrina lawsuits confidentially with insurance companies can keep those payments, along with federal grants for structural damage other homeowners were ineligible to receive or must repay. A federal grant modification that created the situation has gone …
July 20, 2007
Policyholders who settled Hurricane Katrina lawsuits confidentially with insurance companies can keep those payments, along with federal grants for structural damage other homeowners were ineligible to receive or must repay. A federal grant modification that created the situation has gone …
July 5, 2007
Guy Carpenter & Company, the global risk and reinsurance specialist of the Marsh & McLennan Companies, has published “A Year in Review – 2006 Update,” its fourth annual review of the liability market in England and Wales. The report provides …
June 21, 2007
To Improve Efficiency and Speed with Commercial Lines Quotes ATLANTA, GA and OKEMOS, MI – NetRate Systems, Inc., a leader in Property & Casualty Rating and Applications software, announces an agreement to provide a Commercial Lines Rating System for Gramercy …