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 …
The U.K. will soon join a number of other EU countries in imposing a draconian ban on smoking in public places. As of July 1, lighting up in “all enclosed spaces,” including pubs, clubs and workspaces, will be prohibited. As …
Liabilities follow the insurance industry as the night follows the day. So, it’s not terribly surprising to learn that a new study – “Limiting Liability in the Greenhouse: Insurance Risk-management Strategies in the Context of Global Climate Change* – highlights …
New York Governor Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies covering all outstanding insurance claims arising from the Sept. 11 terrorist attack on …
The Connecticut House of Representatives has confirmed the nomination of a former claims executive with The Hartford, Thomas R. Sullivan, to be the state’s new insurance commissioner. The confirmation, a voice vote on a resolution offered by Rep. Claire L. …
Connecticut Governor M. Jodi Rell is naming a claims administration executive, Thomas R. Sullivan, to be the state’s insurance commissioner, replacing Susan Cogswell who is stepping down from the top regulatory post she has held for almost seven years. Sullivan, …
InterResolve, an independent claims resolution specialist, and Aon Limited, the UK division of Chicago-based Aon Corp., announced that they have concluded a partnership “to provide UK corporate businesses with faster and more cost effective resolution of employers’ liability, public liability …
U.S. tort costs totaled $261 billion in 2005, which is approximately $880 per person and $4 less per person than in 2004, according to the 2006 Update on U.S. Tort Cost Trends from the Tillinghast business of Towers Perrin. The …
Lexington Insurance Co., a member company of American International Group, Inc. (AIG), has teamed up with the law offices of Steven M. Ziegler, P.A., a law firm with managed care industry expertise, to offer a suite of risk and claim …
Advisen Ltd., a provider of analytics, benchmarking and market information to the global commercial insurance industry, released the results of its recent hospital professional liability claims study done in cooperation with the health care team at Zurich, an insurance-based financial …