Category Archives: Liability Insurance
Hometownstations.com-WLIO- Lima, OH News Weather SportsCorzine’s fortune could invite more lawsuits
WASHINGTON (AP) – the millions that Jon Corzine amassed as head of Goldman Sachs have become an alluring target for investors who were crushed by the collapse of MF Global, the brokerage firm he led until earlier this month.
And Corzine isn't the only one who may be financially vulnerable after the eighth-largest bankruptcy in U.S. history. others include MF Global's other top executives; its auditor, PricewaterhouseCoopers; and some big Wall Street banks.
Allied World Assurance Co Holdings, AG. (AWH) Shares Upgraded by JPMorgan Chase & Co. (JPM) to “Overweight”
Allied World Assurance co Holdings, AG. (NYSE: AWH) was upgraded by equities research analysts at JPMorgan Chase & co. (NYSE: JPM) from a “neutral” rating to an “overweight” rating in a research note issued to investors on Monday. the analysts currently have a $72.00 price target on the stock.
Construction underwriting tightens as insurers eye project losses
Many construction project insurers are restricting who is covered and what coverage is provided through additional insured endorsements, while some states have limited the indemnity that builders can provide each other through their commercial general liability insurance, experts say.
Contractors professional liability demand rises
New approaches to building projects, as well as new techniques, are leading to increased demand for professional liability insurance for contractors, say many observers.
While such coverage for architects and engineers has been around for many years, it is only in recent years that professional liability coverage for contractors has been developed, and observers describe it as a still-evolving field.
Beazley Selected by CalSurance Associates as Information Security & Privacy Liability Insurer — ORANGE, Calif., Nov. 9, 2011 /PRNewswire/ –
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Business Liability Insurance – Worth The Cost For Most Small Businesses
Business liability insurance is something you need to consider in order to be prepared for potential legal issues that could arise in any business. This is especially true if you are a small business owner. That’s because your business may not seem like a “real business” to you yet. But you still need to consider factoring insurance into your budget
Indiana doctors face challenge to medical liability cap
Indiana physicians continue to battle a legal challenge over the state’s medical liability damages cap.
Indiana Court of Appeals judges on Oct. 25 allowed a lawsuit against the cap to move forward, denying a request by Community Hospitals of Indiana to throw out the case based on procedural grounds.
Charleston Council to reduce retiree liability by millions – News – Charleston Daily Mail – West Virginia News and Sports -
Monday November 7, 2011 Charleston Council to reduce retiree liability by millions Advertiser
CHARLESTON, W.Va. — A measure approved at Monday's Charleston City Council meeting would reduce the city's OPEB liability by more than $27 million almost immediately.
A bill changing the way firefighters receive time off was also introduced Monday and council approved a measure changing the way overtime pay for firefighters is calculated.
GOP seeks to repeal auto insurance bill intended to protect consumers
Rudy and Mary Girardi of Waunakee were driving along the highwayon the Iowa side of the Mississippi River when the unthinkablehappened.
A truck coming in the other direction veered across the yellowcenter line and smashed into the Girardi vehicle head-on at 50mph.
“I still remember the sound of that windshield breaking, the airbags going off and my chest slamming into the steering wheel,” saysRudy Girardi, 72.
