Pennsylvania Governor Signs ‘Fair Share’ Civil Liability Reform June 28, 2011 By Marc Levy Pennsylvania Gov. Tom Corbett has signed legislation that is one of his top priorities, a bill that limits the liability...
Accounting Issues Could Stall France’s Greek Debt Plan June 28, 2011 By Alex Chambers and Helene Durand Accounting issues remain a formidable obstacle facing private sector investors currently considering the French banking sector’s plan for restructuring Greek...
AXA UK Bans Lawyers’ Referral Fees; Calls for Whiplash Damage Reform June 28, 2011 AXA UK has announced that it will no longer accept referral fees from personal injury lawyers and has issued a...
Report Says South China Sea Disputes Could Lead to Asian War June 28, 2011 By James Grubel Risks are growing that incidents at sea involving China could lead to war in Asia, potentially drawing in the United...
S&P Downgrades Mariah Re’s Notes to ‘CCC+(sf)’; CreditWatch Developing June 28, 2011 Standard & Poor’s Ratings Services has lowered its rating on Mariah Re Ltd.’s Series 2010-1 notes to ‘CCC+(sf)’ from ‘B(sf)’....
S&P Reports European Insurers Still ‘Nervous’ Despite Gains June 28, 2011 Standard & Poor’s Ratings Services has issued a report which “discusses why it thinks the European insurance industry seems nervous...
AmWins Launches New Automobile Repossession Program June 28, 2011 AmWINS Group, Inc. has developed an exclusive program with an A.M. Best rated A+XV carrier to provide coverage for the...
NSM Insurance Group’s Hotel Program Adds Bed Bug Coverage June 28, 2011 NSM Insurance Group’s Express Hotel Program is now providing property coverage for accounts that are hit with an infestation of...
2 Insurers Refund $1 Million in North Carolina June 28, 2011 North Carolina residents insured by two companies are going to receive refunds totaling more than $1 million after state regulators...
Allstate Seeks Double-Digit Home Insurance Hikes in Florida June 28, 2011 Two subsidiaries of Allstate Insurance Company Florida are seeking homeowners rate increases worth more than $90 million. Castle Key Indemnity...