The Seattle Archdiocese has dug into its reserve funds to cover the cost of settling sex abuse claims, church officials...
Claims and Costs News
A Pennsylvania federal court has upheld a $7.9 million award against an insurer for its bad faith in failing to...
“Many private companies are planning activities that may increase their exposure to management liability risks,” said Lisa McGee, vice president,...
Ogden, Utah, officials are expecting a $2.5 million insurance settlement for a fire that destroyed a building the city had...
A.M. Best Co. announced that it has affirmed the issuer credit rating (ICR) “bbb-” of Canada’s Kingsway Financial Services Inc....
Insurance losses from Tropical Cyclone Larry, which struck Northern Australia last week (See IJ Website March 20, 22), have reached...
During 2004, U.S. property/casualty insurers narrowed the funding gap in their asbestos and environmental loss reserves, principally for asbestos liabilities,...
Zurich Financial Services Group has reached a $153 million settlement with the attorneys general of New York, Connecticut and Illinois...
Since the Exxon Valdez caused the worst oil spill in the nation’s history, tankers that ship Alaska’s crude oil to...
A Portland, Maine jury ordered a Seattle law firm to pay $10.8 million for dumping one set of clients for...