News

A recent ruling by the New York Court of Appeals opens the door for estates to sue attorneys, which could ultimately result in an increase in professional liability insurance premiums, predicts an executive.

Although there are still are no guarantees -- and the law can vary widely among jurisdictions -- a small measure of predictability is creeping into the area of punitive damages. Read about court decisions that may shape settlements in the future.

The Hartford Financial Services Group Inc. was honored earlier this week with the 2010 Best Employers for Healthy Lifestyles award by The National Business Group on Health

Fairfax Financial Holdings Ltd. said it plans to offer Canadian $275 million (U.S. $268 million at the current exchange rate) senior notes at a fixed annual interest rate of 7.25 percent due by 2020.

Walmart may be the most frequent defendant named in wage-and-hour lawsuits, but insurers and pharmaceutical companies are also caught up in a maze of rules they didn't know applied to certain subsets of their workforce, experts say.

Risk retention groups (RRGs) have an extra 15 business days, until July 15, to comply with holding company requirements and register with the state, if necessary, according to the South Carolina Department of Insurance.