Workers’ Compensation Market Outlook Still Grim: A.M. Best October 18, 2011 The U.S. workers’ compensation insurance segment continued to face competitive pricing, further rate decreases, weak macroeconomic factors, growing medical costs...
Travelers Red Umbrella Featured at Trademark Show October 18, 2011 The iconic Travelers Insurance red umbrella was recently showcased in an educational event on the role trademarks play in the...
Toymaker to Pay $1.1 Million Over Recalled Toy Dart Gun October 18, 2011 Toymaker Henry Gordy International Inc. has agreed to pay a civil penalty of $1.1 million over a dart gun set...
Mississippi High Court Weighing Limit on Lawsuit Damages October 18, 2011 By Jack Elliott Jr. The Mississippi Supreme Court has asked attorneys for more information as it considers whether the state’s limitation on damages in...
BP Gets $4 Billion from Anadarko for Gulf Oil Spill Costs October 18, 2011 By Moira Herbst and Tom Bergin Anadarko Petroleum Corp. will pay BP Plc $4 billion toward clean-up and victim compensation for the Gulf of Mexico oil...
Best Affirms Lloyd’s Syndicate 2010, Cathedral Capital Ratings October 18, 2011 A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating...
Europe’s Fleet Vehicle Market Valued at $23 Billion October 18, 2011 New research by Finaccord, a specialist market research consulting firm, estimates that the market for motor insurance for fleet vehicles...
BP Settles for $4 Billion from Anadarko for Oil Spill Costs October 18, 2011 By Moira Herbst and Tom Bergin Anadarko Petroleum Corp will pay BP Plc $4 billion toward clean-up and victim compensation for the Gulf of Mexico oil...
Stricken New Zealand Container Ship May Break Apart or Sink October 18, 2011 By Nick Perry Salvage crews raced Monday to pump oil from a stricken ship teetering on a reef off the New Zealand coast,...
Vitale Appointed as New York-based Co-CEO of Aspen Insurance October 17, 2011 Aspen Insurance Holdings appointed Mario Vitale as co-CEO of Aspen Insurance, effective Jan. 1, 2012. He replaces John Cavoores who...