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There are 40,553 results that match your search.40,553 results
  • Asbestos bill back in committee this week - but insurers may pull out
    With the Senate Judiciary Committee in recess over the 4 July break, hopes for successful passage of Senator Orrin Hatch’s Fairness in Asbestos Resolution Act were dealt a blow last Thursday as insurers threatened to withdraw from the initiative to set up
    07 July 2003
  • RSA job cuts continue expense cull as profits rise
    Despite a stellar set of 2008 results that include a 13 percent rise in pre-tax profits, RSA is to cut 1,200 jobs in the UK by mid 2010 as part of a £70mn cost cutting exercise.
    26 February 2009
  • Aon named as defendant in $200mn+ BP Amoco energy case
    Broker Aon has stated the potential impact of a mammoth round of energy litigation currently underway in the Royal Courts of Justice.
    22 November 2004
  • Class action pioneer latest to plead guilty
    Class action pioneer Melvyn Weiss will plead guilty to making improper payments to clients in a kickback scheme, according to his lawyer.
    25 March 2008
  • BA crash loss spread throughout aviation market
    US giant American International Group (AIG) leads the hull cover on the British Airways jet that crash-landed at London's Heathrow Airport with more than 150 people on board last week.
    21 January 2008
  • ILS market now open for smaller (re)insurers
    In the latest insurance linked securities (ILS) structuring innovation, Deutsche Bank is marketing a new trigger mechanism, which aims to streamline ILS issuance and open up the market to smaller sponsors, The Insurance Insider can reveal.
    07 July 2008
  • Zurich to pay $545mn to close US suit
    Zurich Financial Services Group (ZFS) has agreed to pay $455mn to settle a class action suit brought in California against its Farmers Group subsidiary (FGI) and a further $90mn in legal fees.
    07 October 2010
  • Credit markets stabilise but insurers' work just starting
    Despite US Treasury Secretary Henry Paulson’s recent comments that "we are seeing signs of progress as capital and credit markets stabilise", the (re)insurance market will "feel the effects for some time to come", according to experts.
    30 May 2008
  • WTC: Silverstein wins 2nd battle
    Litigation epic bears bitter sweet fruit for leaseholder with potential $1bn gain The jury in the second round of WTC insurance litigation has delivered its verdict in favour of the building's leaseholder Larry Silverstein. The decision, which the j
    01 December 2004
  • Ivan still hinders GOM energy production
    Figures released by the Minerals Management Service (MMS) have revealed the continuing impact of Hurricane Ivan on Gulf of Mexico oil and gas production.
    24 January 2005
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