Corporate Risk

The U.S. Supreme Court dismissed a class-action lawsuit alleging sex discrimination against Wal-Mart, and lawyers say the ruling narrows the grounds on which class-action status can be sought, whatever the issue.

In spite of the fact that commercial renewal prices continued to fall in the first quarter, a composite pricing index based on reports from 1,200 risk managers shows that prices are still 15 percent higher than at year-end 2000.

In his opening keynote address at the ACE America’s Claims Event conference, attorney Stephen A. Cozen said the Supreme Court has become a valued partner of the insurance industry, working to reduce punitive damage awards and reject exposure lawsuits.

Lawyers, accountants and investment advisers cannot be sued under securities laws by individuals for alleged false or misleading statements by others, the Supreme Court has ruled.

A recent U.S. district court order has moved self-insurers and insurance carriers into a more prominent position as the targets for collection efforts by Centers for Medicare & Medicaid Services.

A recent U.S. district court order has moved self-insurers and insurance carriers into a more prominent position as the targets for collection efforts by Centers for Medicare & Medicaid Services.

Sometimes, taking a risk on a star player can result in a leader’s greatest triumphs. But it can also lead to their downfall.

Construction companies have been weakened by the recession, the economy is still in recovery and profits are harder to come by, making it more important than ever for risk managers to get the best builders’ risk coverage available. The challenge is finding the best price possible.