Citigroup Settles Securities Lawsuit for $590M August 30, 2012 By Jonathan Stempel Citigroup Inc. agreed to pay $590 million to settle a shareholder lawsuit accusing it of hiding tens of billions of...
Isaac Heads North After Drenching U.S. Gulf, New Orleans August 30, 2012 By Ellen Wulfhorst and Scott Malone Tropical storm Isaac is expected to weaken further as it heads north on Thursday, after causing significant damage to the...
All Risks, General Star Enhance Insurance Agents E&O Program August 30, 2012 All Risks, Ltd. has enhanced its exclusive insurance agents errors & omissions program through General Star Management Co. Specialized coverage...
NAS Launches Enhanced E&O Coverage for Healthcare Consultants August 30, 2012 NAS Insurance Services has enhanced their E&O program for healthcare facilities with more coverages for consultants. The E&O product for...
Freberg Environmental to Underwrite New Berkley Envrionmental Coverage August 29, 2012 Freberg Environmental Insurance (FEI) has formed an agreement to underwrite environmental insurance coverage with Berkley Custom Insurance Managers, LLC, a...
U.S. P/C Insurers Expected to Withstand Isaac: Fitch August 29, 2012 Fitch Ratings anticipates losses related to Hurricane Isaac will be largely borne by primary insurers, but estimates remain uncertain as...
Early Isaac Losses at $1.5B: Eqecat August 29, 2012 By Ben Berkowitz Hurricane Isaac has caused up to $1 billion in economic losses for offshore energy properties and up to $1.5 billion...
GJS Re Opens Facultative Reinsurance Unit; Threlfall to Lead August 29, 2012 G.J. Sullivan Co. Reinsurance (GJS Re) has launched GJS Re Facultative to focus on providing quality property facultative reinsurance to...
Hurricane Isaac Hits Fortified New Orleans on Katrina’s Anniversary August 29, 2012 Hurricane Isaac lashed southern Louisiana with high winds and heavy rains on Wednesday and was set for a late-morning arrival...
Isaac Becomes a Hurricane As It Churns Toward New Orleans August 28, 2012 Tropical Storm Isaac strengthened into a hurricane just off the U.S. Gulf Coast on Tuesday as it churned toward landfall...