National News

Specialty Insurance Group, Britton Gallagher Offer Pyrotechnics Program

Specialty Insurance Group (SIG), a member of the Everest Re Group Ltd., and independently operated insurance brokerage firm Britton Gallagher have together launched a new insurance, loss control and safety program for the pyrotechnics market. The strategic partnership with Britton …

Securities Brokerages Free to Be Uninsured for Legal Awards

The industry group that regulates securities brokerages has decided it cannot force firms to carry insurance for payment of awards granted by arbitration panels or courts to customers who have lost money, a spokeswoman said on Monday. After agreeing a …

Antitrust Review Delays Verisk’s Purchase of EagleView

Verisk Analytics Inc., the supplier of data to insurers and banks, said its planned $650 million takeover of EagleView Technology Corp. has been delayed amid a review by antitrust regulators. The purchase agreement has been extended to Dec. 31, after …

Greenberg’s Lawyer Says U.S. Demonized, Extorted AIG Shareholders in Bailout

The U.S. extorted American International Group Inc. shareholders when it extended a $182 billion taxpayer bailout at the height of the 2008 financial crisis, a lawyer for Maurice “Hank” Greenberg said. Greenberg’s Starr International Co., AIG’s largest shareholder when the …

U.S. Hospitals Face Risks in Ebola Virus Waste Disposal

U.S. hospitals may be unprepared to safely dispose of the infectious waste generated by any Ebola virus disease patient to arrive unannounced in the country, potentially putting the wider community at risk, biosafety experts said. Waste management companies are refusing …

Colleges Look to Control Fraternities, Hazing As Tragic Incidents Multiply

The death of a Clemson University sophomore is the latest incident to raise alarms about safety at fraternities on U.S. campuses, with more colleges cracking down on dangerous behavior. Clemson, in South Carolina, said Sept. 23 that it suspended new-member …

Trial Over Greenberg’s Challenge to AIG Bailout to Get Underway

One of the more unusual trials to come out of the 2008 financial crisis is set to begin on Monday, when a federal judge will consider whether the U.S. government’s rescue of American International Group Inc was, in fact, legal. …

Allied World North America Enhances Its ForceField Line with Primary D&O

Allied World North America, a company of Allied World Assurance Company Holdings, AG has added a new directors & officers (D&O) product to its ForceField suite of professional liability products. The ForceField Public Company Directors & Officers and Corporate Liability …

Healthcare Firms at Risk; Hackers Value Medical Records Over Credit Data

Your medical information is worth 10 times more than your credit card number on the black market. Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the largest U.S. hospital operators, Community Health Systems …

Top 30 Private Auto Insurers: SNL

CSAA Insurance Exchange, which sells private auto insurance to AAA members in about 25 states, experienced double-digit year-over-year growth in personal auto business, far outpacing other top writers in the second quarter, a new analysis by SNL Financial shows. SNL …

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