February 28, 2011
A judge is urging lawyers in the June trial of the only wrongful death case remaining from the Sept. 11 attacks to see if they can trim the number of defendants, but one lawyer cited lingering questions over how weapons …
February 28, 2011
The Bermuda-based Argo Group International Holdings announced that Bruno Ritchie has joined the company to lead Argo Assurances, Argo Group’s new Paris-based underwriting platform for large specialty risks. The new branch will “initially focus on insurance solutions for space and …
February 27, 2011
After a lengthy battle with breast cancer, Connie Plumlee was undergoing her last reconstructive surgery when something went horribly wrong. A fire believed to have started from a cauterizing tool in the operating room ignited alcohol on her face and …
February 27, 2011
The Missouri House has passed legislation that could make it harder for employees to win workplace discrimination lawsuits. The legislation, approved by 95-59 vote, would require people to prove that discrimination was the “motivating factor” when they were fired, rather …
February 27, 2011
A measure aimed at changing South Dakota’s insurance law to give some injured people a better chance of receiving full compensation for their losses has been rejected by a state Senate committee. However, one of the bill’s main sponsors, Sen. …
February 25, 2011
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of Endurance Specialty Insurance Ltd. and its affiliates. Best also affirmed the ICR of “bbb” and debt ratings of the …
February 25, 2011
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corporation, has launched its new report: ‘Chile: One Year On’ ,which highlights how the earthquake tested the reinsurance market and outlines steps for insurers to prepare for future catastrophes. …
February 25, 2011
Standard & Poor’s Ratings Services has affirmed its ‘AA-‘ long-term counterparty credit and insurer financial strength ratings on the various operating entities of Switzerland-based insurance group Zurich Financial Services (collectively ZFS), which includes Zurich Insurance Co. Ltd. (ZIC), Ireland-based Zurich …
February 25, 2011
A survey of hundreds of miles of New England and mid-Atlantic coastline found that 68 percent of the beaches studied have eroded during the past 150 years, according to a report released this week. The average rate of erosion was …