All Breaking News articles – Page 75
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Company fined for illegally adjusting claims in California
Paramount Disaster Recovery to pay $275,000 penalty; cease operating as public insurance adjusters in California
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Insurers to pay $6.5bn in 2007 cat claims: ISO
144,000 commercial lines claims cost an estimated $1.3bn for damage from 23 catastrophes in 2007
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US plea bargains raise exposures, warns Marsh
Companies Act stipulates that indemnification of a director’s legal costs by their company is not allowed if the director is found guilty in a prosecution
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UK product recalls jump to new record high
190 product recalls in UK last year, up from 179 the previous year, finds new research
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Vessel disabled and drifting mid Channel
Crewman with broken leg and non essential crew airlifted from vessel by coastguard helicopter
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Florida subpoenas property insurers over high rates
PCI blames ‘huge’ and ‘growing’ risk from storms in the region
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Ingersoll-Rand records $277m charge for asbestos claims
Results from a $538 million increase in recorded liability for asbestos claims to $755 million
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Data security threatened by employee negligence
Survey shows 48% of UK companies at risk
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Avian flu confirmed in wild birds in Dorset
Defra confirmed highly pathogenic strain of H5N1 in three dead wild mute swans
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Barclays chairman latest fraud victim
Security firm calls for new authentication methods
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CFA slams US insurers for overpricing and underpaying claims
US property/casualty insurers overcharge policy holders and underpay on claims, said a report from a consumer association that an industry group called ‘absurd’
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New laws will require tighter risk control
Risk broker speaks out on corporate manslaughter
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UK train workers vote to strike
The union's executive will meet shortly to consider what action to call
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AIG unit to pay $42.5m for environmental cleanup
Payment relates to four industrial sites formerly owned by Fruit of the Loom
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Portware launches solution to deliver business continuity
Portware High Availability provides real-time backup service for support in today’s high-volume trading environment
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World Economic Forum releases Global Risks 2008
Highest levels of political and economic uncertainty for a decade
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New solar cycle brings increased risk for electrical systems
The number of solar storms is expected to build gradually reaching maximum by 2011/12, says NOAA
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GAIG creates new environmental division
New division will provide coverage up to $25m in policy limits
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New chair for UK’s pandemic influenza advisory group
Sir Gordon Duff has been appointed external chair of the Scientific Advisory Group on Pandemic Influenza