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The House has passed legislation that allows recovery of noneconomic damages for maritime death victims' families, starting with the 11 workers that died in British Petroleum's current oil rig disaster.
The Independent Insurance Agents & Brokers of New Jersey said it is looking for volunteers for this year's Trusted Choice Big "I" National Golf Championship.
Chartis announced it will bring all of its European operations together under one regional management team headquartered in London in preparation for Solvency II.
New York's average medical malpractice insurance rate will increase 5 percent this year, but "the system is still in crisis," said Insurance Superintendent James J. Wrynn.
New York Supreme Court Judge James A. Yates has thrown out the convictions of two former executives of Marsh after their 2008 conviction on felony monopoly charges for accepting contingent commission kickbacks.
U.S. insured losses in June totaled about $200 million due to hail and flooding in the Northern Plains and tornado damage in the Midwest and Ohio Valley, Aon Benfield reports.
Insureds victimized by the Deepwater Horizon disaster are being warned that some carriers are planning to enforce contract provisions that they be notified of losses by July 8, according to Marsh.
Brown & Brown said it has acquired Meridian Group of New York Inc. and Eberhart & Company Insurors Inc. of Roswell, Ga. Financial terms of the transactions were not released.
President Obama signed into law an extension of the National Flood Insurance Program (NFIP) until Sept. 30. The bill is H.R. 5569, the "National Insurance Program Extension Act of 2010."
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