Commissioner of Insurance George Dale has extended his previous bulletin on an extension of coverage for property damaged by Hurricane Katrina to include commercial property insurance policies. Bulletin #2005-13 was issued on Nov. 4, 2005. In the amended bulletin, no …
U.S. District Court Judge Edward Nottingham has denied a class certification in Morris v. Travelers Indemnity Co. of America, according to Morrison & Foerster LLP. The law firm represented Travelers in court in Denver, Colo. The case is one of …
Lawsuits stemming from a deadly crash at the base of Avon Mountain in Connecticut last July have led to an unlikely alliance between the victims and the owner of the trucking company at the center of the litigation. To successfully …
A group of smaller and medium sized businesses and their insurance companies is using the recent settlement by USG over its asbestos claims to argue that a federal asbestos trust fund would provide a windfall for large companies facing asbestos …
A.M. Best Co. has downgraded the financial strength rating to “B” (Fair) from “B++” (Very Good) and the issuer credit rating to “bb” from “bbb” of the insurance and reinsurance operating subsidiaries of the Bermuda-based Alea Group Holdings Ltd. (collectively …
Two Fox News employees have filed a lawsuit claiming they were sickened by air contaminated with toxic molds and pesticides while working in the building where “The O’Reilly Factor” and “At Large with Geraldo Rivera” are produced. Laurette DeRosairo and …
Restoring business is an important part of Mississippi’s recovery from Hurricane Katrina. Businesses that planned for disaster before the storm have less damage, loss and down time than those that did not. It’s a good reason, say federal and state …
National Atlantic Holdings Corp., a provider of specialized property/casualty insurance products and related insurance services based in Freehold, N.J., has appointed as Vice President Douglas Wheeler, former assistant commissioner and chief of staff of the New Jersey Department of Banking …
The U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) reported the approval of two grants totaling $6.3 million to the Louisiana Stadium and Exposition District for emergency repairs to the Louisiana Superdome and Arena. The force of Hurricane …
USG Corporation announced today that it has reached an agreement to resolve all present and future asbestos-related personal injury claims, enabling the company and its subsidiaries to take a significant step toward emerging from bankruptcy. The agreement requires USG to …