Claims / Legal
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 ...
Former KPMG Partner Gets Jail Time for Insider Trading
Former KPMG LLP senior partner Scott London, who had provided tips to a friend about the accounting firm's clients, was sentenced to 14 months in prison on an insider trading charge by a federal ...
QBE North America Appoints Gonzalez as Chief Legal Officer
QBE North America announced the appointment of Jose Ramon Gonzalez as its new chief legal officer. Gonzalez will provide expert guidance and oversight of the organization's complex legal, regulatory ...
Next Generation Cat Modeling: Multimodel, Open Source or Open Platform—What’s the Difference?
For the past two decades, insurers and reinsurers have licensed catastrophe models from AIR, RMS and EQECAT, and each vendor model came with its own front and back end to handle the model input and ...
U.S. Wildfires Get Bigger, More Frequent; Climate Change May Continue Trends
Wildfires across the western United States have been getting bigger and more frequent over the last 30 years—a trend that could continue as climate change causes temperatures to rise and drought to ...
Boston Marathon Attacks Changed Terrorism Insurance Customer Base
For landlord Peter Zagorianakos, terrorism insurance wasn't a necessity until the bombs went off last April at the Boston Marathon and revealed a frightening pattern. Two buildings he owns stand ...