News
Berkshire Hathaway Specialty Emerges as Serious Player in 2013
The year 2013 has been quite eventful for Berkshire Hathaway Specialty Insurance (BHSI)—or half of a year, anyway. Since opening its doors for business in June with much fanfare, the new venture ...
RLI Appoints Angelina to Board of Directors
RLI Corp. announced Friday that Michael E. Angelina, executive director of the Academy of Risk Management and Insurance at Saint Joseph's University, has been appointed to its board of directors. ...
Every insurer evaluating property risk today is running the same math: more perils, more models, more data sources, and not...
Appeals Court Reinstates Alien Tort Lawsuit Against Multinational Firms
A lawsuit against a unit of Nestle SA and two other companies alleging children were forced to work as slave labor on cocoa plantations in Ivory Coast was reinstated by a federal appeals court. The ...
Lead Paint Verdict May Set Dangerous Precedent: McArdle Viewpoint
A California judge has just ruled that manufacturers of lead paints and pigments have to pay 10 cities in California $1.1 billion to remediate lead paint used in homes there. I wrote about this last ...
Wall Street Broker Contests SEC’s Probe with Harassment Lawsuit
Companies usually keep a low profile when the U.S. Securities and Exchange Commission investigates them. Robert DePalo decided to sue. DePalo is accusing the SEC of asking investors "leading and ...
Emerging Nations Overtake West in Dumping Electronic Trash
China and other emerging economies have overtaken Western nations in dumping old electronic goods, from TVs to cellphones, and will lead a projected 33 percent surge in the amount of waste from 2012 ...
St. John’s University to Relocate Manhattan Campus
St. John's University has leased 71,000 square feet of space for its Manhattan campus at 51 Astor Place, between Third and Fourth Avenues in the East Village, Manhattan. The new location will house ...
IICF Northeast Division Announces 16 Grants, Honors Ironshore
The Insurance Industry Charitable Foundation (IICF) Northeast division announced 16 charitable grants at its seventh annual benefit dinner on Wednesday, Dec. 11, 2013. The total amount of the grants ...