Lawyers for the Archdiocese of St. Paul and Minneapolis are warning that criminal charges against the corporation could jeopardize insurance coverage that’s being counted on to pay some claims of victims of clergy abuse. The archdiocese faces multiple counts for …
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Powerful storms that thundered through eastern Pennsylvania, New Jersey and Connecticut downed trees and power lines, leaving nearly 400,000 customers without electricity and disrupting mass transit service Wednesday. In Pennsylvania, PECO says more than 165,000 homes and businesses were without …
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Following the historic Supreme Court decision that same-sex couples have a national right to marry, employers offering domestic partner benefits to unmarried couples may pull back on that offering since employees in all states will be able to marry. Meanwhile, …
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Flooded fields and fickle temperatures put Louisiana farmers and ranchers in a pensive mood as they gathered here for the Farm Bureau Federation Convention, the state’s largest annual celebration of agriculture. “I’m afraid this year is a nail-biter and a …
The article Louisiana Farmers, Ranchers Brace for Worst Year Since 2008 appeared first on Insurance Journal.
Lawmakers will examine whether a program that allows coal companies to forgo mine cleanup insurance could leave taxpayers with billion dollar costs, leading members of the U.S. House Committee on Natural Resources said on Wednesday. The coal sector is responsible …
The article Lawmakers Vow to Review Abandoned Mine Insurance Program appeared first on Insurance Journal.
Beazley has introduced fraudulent instruction insurance, a new coverage to address losses from the transfer of funds as a result of fraudulent instructions from a person purporting to be a vendor, client or authorized employee. The new endorsement, which has …
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Robbie Thompson has been hired as the new executive director for Professional Liability Underwriting Society (PLUS). Thompson brings 18 years of management experience to PLUS, most recently as president and CEO of the Credit Union Association of the Dakotas in Bismarck, North …
The article PLUS Names Thompson as Executive Director appeared first on Insurance Journal.
Chedid Europe Reinsurance Brokerage Limited, headquartered in Dubai, UAE, has announced its registration as a Lloyd’s broker. Chedid Re, which is a subsidiary of the Lebanese group Chedid Capital Holding, said this business move comes as a natural extension of the …
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The U.S. Supreme Court is saving the best for last. The nation’s top court will issue a series of major rulings over the next several days as it closes its nine-month term. In addition to landmark gay-marriage and Obamacare cases, …
The article 6 Decisions Coming from Supreme Court Over Next Few Days appeared first on Insurance Journal.
The U.S. National Highway Traffic Safety Administration hasn’t been able to spot emerging safety hazards because of “blatant incompetent management,” a senator said Tuesday. NHTSA, charged with ensuring safety on the nation’s roadways, gives too much discretion to carmakers and …
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