Do materials like copper pipes become personal property once they are separated from a commercial building? According to one court ruling in Texas, the answer is yes.
The death of Osama bin Laden is good news to insurers—and to the U.S.—due to the manner in which operatives cornered the Al Qaeda leader, but by no means should it promote a dropping of the guard in the industry, says Gordon Woo, a catastrophist with Risk Management Solutions.
Had the earthquake, resultant tsunami, and nuclear disaster that occurred in Japan happened in the U.S., the vast majority of homeowners and companies suffering losses would find little help from their insurers.
Brokers and agents, business owners and employees are all caught in a current of change, moving from the traditional employee benefit packages into unfamiliar waters as offerings, regulations, and needs evolve. With this sea change comes a wave of new opportunities.
Liberty Mutual Group has filed court papers to oppose a proposed $450 million settlement American International Group Inc. made with seven companies to end a pending class-action federal civil lawsuit over alleged underreporting of workers’ compensation premiums.