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WASHINGTON--A U.S. Supreme Court ruling sharply reducing a punitive damage award against Philip Morris USA puts weight behind the insurance industry's arguments that such awards have become unfair, acc

Coverage and capacity concerns trump pure price factors in buyer's

That finding and others are contained in "The U.S. Liability Report of 2006: A Review of Significant Events in Tort Law," produced by the Marsh & McLennan Companies subsidiary Guy Carpenter & Compan

Proper preparation for the trial of an insurance case begins not when an attorney is retained, but when the insurance company has first notice of the loss.

A report on excess and surplus lines released at the annual convention of key market players last week may have indicated little industry premium growth for 2005, but 2006 is another story, according

That message, delivered by Robert H. Myers Jr., general counsel for the National Risk Retention Association, is the latest in a series of run-ins between states and the RRGs that operate under the

The Toronto-based financial services holding company filed the suit in Superior Court, Morris County, N.J. It alleges violations of various state laws, including the New Jersey Racketeer Influenced an

That message delivered by Robert H. Myers Jr., general counsel for the National Risk Retention Association, is the latest in a series of run-ins between states and the RRGs that operate under the fede