Lawyers are hopeful that last week's decision by the U.S. Supreme Court to review an Oregon punitive damage award will help reduce even further the soaring cost of civil litigation to insurers. The
WASHINGTON--Insurance company attorneys said they are hopeful that the U.S. Supreme Court decision to review an Oregon punitive damage award will end with a decision that cuts carriers' soaring litigat
California Insurance Commissioner John Garamendi successfully underwent surgery today to repair a leaking heart mitral valve, and his doctor said he should make a complete recovery, his department ann
Orlando, Fla.--Captive domicile officials appear to be reaching a meeting of the minds with state regulators over what sort of accounting format risk retention groups should use to report their financi
Errors and omissions liability coverage continues to expand nationally and internationally. In all categories--net premiums written, capacity and various new types of specialized E&O insurance--the numb
Attorneys for the class action, in their request for a hearing by the high court, had questioned the impartiality of an Illinois judge who was part of a decision to toss out a $1.01 billion judgment a
Attorneys for the class action, in their request for a hearing by the high court, had questioned the impartiality of an Illinois judge who was part of a decision to toss out a $1.01 billion judgment a
The softer market seems to be a topic of daily conversation. One hopes the softening will not result in the drastic under-pricing that occurred in the '90s and that instead everyone will benefit from a more moderate cycle. Be that as it may, premiums