In an attempt to clear-up some of the confusion regarding claim filing and what is covered by the Texas Windstorm Insurance Association, the group has issued answers to the following frequently asked questions: Question: How do I file a claim …
The financial crisis gripping the United States has senior finance executives more likely to be concerned about their firms’ risk management practices (72%) than they are about such issues as accessing both long-term debt financing (65%) and short-term financing (61%), …
The Louisiana Supreme Court has restored the law license of former state Insurance Commissioner James H. “Jim” Brown Junior, who served six months in prison on a federal conviction of lying to FBI agents. Found guilty by a federal jury …
The insurer of the Unit 5 school district in Urbana, Ill. is balking at providing coverage in connection with a sexual abuse lawsuit. Cincinnati Insurance contends in a federal lawsuit that an Urbana student identified as Jane Doe-2 and her …
An earthquake that shook much of the Midwest months ago is giving a Metro East, Ill. school district some financial aftershocks. Officials in East Alton say the April quake caused as much as $1.2 million in damage to the gymnasium …
Legal malpractice claims related to real estate are up approximately four percentage points according to the just-released American Bar Association study of legal malpractice claims for 2004-2007 compared to the previous study covering 2000-2003. As real estate values have fallen …
Unum Group, based in Chatanooga, Tenn., appointed Liston Bishop III as executive vice president and general counsel for the company. Bishop has served as Unum’s interim general counsel since February. He joins the company from Miller & Martin PLLC, a …
Maurice Greenberg, former chief executive of American International Group, has asked the company’s current chief executive, Edward Liddy, for the chance to bid on AIG assets as the company seeks to repay an emergency loan from the federal government. Liddy …
A Suffolk County grand jury returned indictments against a Boston man in connection with allegedly attempting to defraud insurance companies by reinsuring expensive jewelry that had allegedly been stolen, and for allegedly defrauding his auto insurance company by presenting a …
Leaders in the U.S. Congress have deployed their best weapon for winning passage of a $700 billion financial industry bailout just weeks before the elections, attaching tax cuts to an otherwise bitter pill. The Senate aims to vote at some …
