Actuaries Estimate Cost of Terrorist Attacks on Cities; N.Y. at $778 Billion; D.C. at $196.8 Billion March 31, 2006 The American Academy of Actuaries disclosed that a future large terrorist attack in New York City could result in $778...
Survey Finds Private Companies Acting More Like Public Companies; At Increased Risk of a Liability Lawsuit March 31, 2006 “Many private companies are planning activities that may increase their exposure to management liability risks,” said Lisa McGee, vice president,...
Safeco Offers Monoline Workers Compensation Program March 31, 2006 Safeco, based in Seattle, is offering its workers compensation product on a stand-alone — or monoline — basis in 25...
Willis Names Dinallo General Counsel March 30, 2006 Global insurance broker Willis Group Holdings announced the appointment of Eric Dinallo as General Counsel. He will also join Willis’...
His ‘Indignation’ Rising, Nader Vows to Restart Auto Safety Engine March 30, 2006 By John Engler More than 40 years after “Unsafe at Any Speed” shook up the auto industry, Ralph Nader is returning to his...
Supreme Court Blocks ‘Wasteful’ Class Actions by Stockholders March 30, 2006 By Gina Holland The Supreme Court has made it more difficult for investors to join forces to file high-stakes fraud lawsuits against companies....
Lighthouse Adds Four New Products to ElderCare Program March 30, 2006 Lighthouse Underwriters has expanded its ElderCare program with four new proprietary products. The new products, all of which are A-rated...
American Hobbyist Expands Staff with Tim, Maurer; Relocates to Pa. March 30, 2006 American Hobbyist Insurance, a national provider of collector-vehicle coverage, recently appointed Karen Tim as its new agency manager. Tim serves...
U.S. Chamber Pegs Best, Worst States for ‘Legal Fairness’ March 30, 2006 West Virginia, Louisiana, Illinois, California, and Texas were among the worst states for legal fairness, while Mississippi is improving after...
Analyst Sees Low Damage Award If Merck Loses Vioxx Case March 30, 2006 By Theresa Agovino If the plaintiffs in the Vioxx case currently being tried in New Jersey win, the damage awards against Merck &...