Marsh & McLennan Companies has vigorously defended its use of photographs in a recent ad campaign against the suggestion by a New York newspaper that they contain images of the Twin Towers of the World Trade Center. The risk and …
Lloyd’s announced that it has reached a settlement with brokers Aon and Benfield of litigation centering on the placement terms of the New Central Fund insurance policy, issued in 1999. Benfield made a similar announcement. The policy, underwritten by Swiss …
N.Y. Gov. Spitzer brokers $2 billion settlement between Silverstein Properties and seven insurers New York Gov. Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies …
Will forecasters’ warnings prove accurate this year? 10 N.H. on risks with no Social Security Numbers Carriers can’t refuse to quote- so what do they do? 10 Newport’s mansions develop hurricane plan Fireman’s Fund helps protect R.I.’s coastal treasures 12 …
Declarations If they can do it “Forty-nine other states feel comfortable with their departments of insurance regulating ratemaking.” — Louisiana Sen. Julie Quinn, R-Metairie. The Senate passed a Quinn-sponsored bill that would eliminate the Louisiana Insurance Rating Commission and transfer …
New York Gov. Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies covering all outstanding insurance claims arising from the Sept. 11 terrorist attack on …
If they can do it “Forty-nine other states feel comfortable with their departments of insurance regulating ratemaking.” — Louisiana Sen. Julie Quinn, R-Metairie. The Senate passed a Quinn-sponsored bill that would eliminate the Louisiana Insurance Rating Commission and transfer its …
Reinsurer SCOR has asked that the recent $2 billion settlement of World Trade Center claims between Silverstein Properties and several insurers be sent to arbitration because it believes that the terms with one of the insurers, Allianz Global Risks U.S. …
New York Governor Eliot Spitzer and Insurance Superintendent Eric R. Dinallo announced that they have negotiated a $2 billion settlement between Silverstein Properties and seven insurance companies covering all outstanding insurance claims arising from the Sept. 11 terrorist attack on …
Estimating the potential costs of future weather related events, linked to climate change, is, at best, an inexact science; there are just too many variables. Nonetheless, a picture is emerging that, whatever happens, the costs are likely to be huge. …
