Claims / Legal
Insurers Tapped for Part of Potential $100M Settlement Over U.S. Meningitis Outbreak
The trustee overseeing the bankruptcy of a Massachusetts pharmacy linked to a 2012 meningitis outbreak that killed 64 people asked a judge on Tuesday to approve a settlement that would pay out $100 ...
Risk of Landfalling Hurricanes Reduced as Upcoming El Niño Event Plays Out
The big news heading into the 2014 Atlantic hurricane season is the imminent arrival of what we think will be a significant El Niño event, the first such event since 2009. An El Niño event is a ...
Defending Food Labeling Claims at the Class Certification Stage: A Recipe for Success
If you are shocked and surprised that your Crunch Berries have no berries, your Froot Loops contain no fruit and your "all natural" ice cream contains genetically modified organisms (GMOs), you're ...
Asbestos Liabilities: The New (Old) Emerging Risk
The financial challenges presented by asbestos liabilities are not fading away as most insurance professionals have long hoped. In fact, A.M. Best raised its estimate of ultimate asbestos liability ...
Strong Garage Doors Save Roofs, Shelters Save Lives in Tornadoes: Research
Lightweight garage doors can be the weak link that allows high winds and pressure changes into a home during a tornado, according to a study of tornado damage by researchers from The University of ...
New Drugs Target Asbestos-Linked Cancer; Japan Faces ‘Asbestos Tsunami’
Heather Von St. James, 45, remembers her father, a demolition worker, coming home covered in dust and dirt. Still, she'd hug him each night and, sometimes, put on his coat and shoes to play. Thirty ...
Train Carrying Crude Oil Tanks Derails in Central Va.
A CSX Corp. crude train derailed in Lynchburg, Va., sparking a fire in at least one tank car, spilling oil into a river and triggering a partial evacuation of the city's downtown. No injuries were ...
Beyond Market Conduct Exams: How to Establish a Compliance Culture at a P/C Carrier
Resources invested in compliance are somewhat like premiums paid for insurance policies—paying upfront today prevents you from having to pay more later. Although midsize carriers may need to expend ...