When I first started as an underwriter a few decades ago, I was truly amazed at the coverage knowledge so many of the older underwriters had. The most remarkable underwriters knew their stuff. They were great resources for the newbies …
A regulator who’s been a fixture in Vermont’s captive insurance industry for two decades is calling it quits. Peter Raymond, director of captive insurance for the Vermont Department of Banking, Insurance, Securities and Health Care Administration (BISCHA), is leaving to …
Attorneys general in Florida and Mississippi are upping the political pressure on BP over the oil gusher that is threatening their states and the entire Gulf Coast. Florida Attorney General McCollum sent a letter to BP asking the company to …
Vertafore, a leading provider of software to the insurance industry, is being acquired by investment funds managed by TPG Capital. TPG will purchase the company from Hellman & Friedman and its co-investor JMI Equity for a total consideration of $1.4 …
The owners of a Belzoni convenience store shouldn’t be liable after a man was shot and wounded in its parking lot, attorneys for the business told the Mississippi Supreme Court this week. Justices heard arguments in the appeal of a …
The parents of a teen who died of heat stroke during a South Florida hike with his Boy Scouts troop is suing the organization. Attorneys for Howard Adelman and Judith Sclawy-Adelman filed the suit in Miami-Dade circuit court. The suit …
A watchdog panel says it’s still unclear whether U.S. taxpayers will ever fully recoup the $182 billion they plowed into American International Group Inc., and the government should have used up all its options before bailing out the crippled insurance …
Attorneys for thousands of workers who suffered health problems stemming from the Sept. 11, 2001, attack on the World Trade Center reached a revised $712 million settlement with New York City Thursday. In March a federal judge rejected an initial …
Coal miner Massey Energy Co criticized a U.S. mine safety official’s comments Thursday, saying the process of dealing with safety violations is biased against mining companies. “We are disappointed in the comments by MSHA (U.S. Mine Safety and Health Administration),” …
The chances of BP declaring bankruptcy to deal with oil-spill claims are remote for now, bankruptcy professionals said, although that option would be open to the company if liabilities became overwhelming — and that very much depends on when the …
