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Most Emailed Specialty Risks News

Buffett officially launches Berkshire's commercial insurance unit

Published June 14, 2013 CST

Berkshire Hathaway Inc. has announced the operational launch of Berkshire Hathaway Specialty Insurance, the company's recently formed commercial property/casualty group that is headed by several former AIG executives.

Marsh sets up unit for financial institution credit and political risk

Published June 12, 2013 CST

Marsh Inc. has established a unit that will help financial institutions manage their exposures through credit and political risk insurance.

Jury awards $500,000 to woman denied promotion

Published June 12, 2013 CST

An Atlanta jury has awarded $500,000 to a female employee of a warehouse and distribution company who failed to get promoted, the Equal Employment Opportunity Commission said.

Travelers unit must pay defense cost in jean stitching trademark case

Published June 12, 2013 CST

A Travelers Cos. Inc. unit must pay defense costs in a trademark infringement case involving rear pocket stitching on jeans, but does not have to pay the actual settlement in the suit, a federal appeals court has ruled.

Commercial insurance prices up 7% in 2013: Towers Watson

Published June 10, 2013 CST

Commercial insurance prices rose almost 7% during the first quarter of 2013 compared with the same period the previous year, according to a Towers Watson & Co. survey released in Monday.

Unpaid interns win summary judgment in 'Black Swan' case, class certified

Published June 13, 2013 CST

A federal judge has awarded two unpaid interns summary judgment against Fox Searchlight Pictures Inc. for their work on the 2010 film “Black Swan” and certified a class action lawsuit over the studio's internship programs.

EEOC's disability discrimination case against UPS must proceed: Judge

Published June 13, 2013 CST

A federal judge has denied United Parcel Service Inc.'s effort to appeal his latest ruling in a disability discrimination case filed against it by the U.S. Equal Employment Opportunity Commission, and said the case should proceed to discovery.

New Canadian association aims to expand receivables insurance market

Published June 13, 2013 CST

A new association, Receivables Insurance Association of Canada, has launched with the goal of expanding the receivables insurance market in Canada.

EEOC sues food distributor for failing to hire, promote women

Published June 18, 2013 CST

A national food marketer and distributor is accused of failing to hire female applicants at its distribution centers nationwide.

Denis Brady named president of Burns & Wilcox Brokerage

Published June 18, 2013 CST

H.W. Kaufman Financial Group Inc. has hired Denis Brady to serve as president of wholesale brokerage Burns & Wilcox Brokerage.

Canada to make offshore oil producers pay more for spills

Published June 18, 2013 CST

(Reuters) — The Canadian government said on Tuesday it will raise the liability for oil spill cleanups off the country's east and Arctic coasts to 1 billion Canadian dollars ($981.7 million), a more than 25-fold increase from its prior limit.

OFF BEAT: Suit seeks to return 'Happy Birthday' to the people

Published June 17, 2013 CST

A suit filed in New York is seeking to end the party for a music publishing company that alleges it owns the copyright to the song “Happy Birthday to You.”

Municipalities struggle with cyber security risks affecting data

Published June 16, 2013 CST

TAMPA, Fla. — As local cities, counties and municipalities hold vast amounts of personal data, cyber risks pose significant exposures for public entity risk managers.

Fired 40-year employee can sue for age discrimination: Court

Published June 14, 2013 CST

An appeals court has allowed a pork processing plant employee to sue for age discrimination as a result of his termination for a single incident of alleged insubordination after more than 40 years on the job.

Hiscox adds crime, data breach, privacy to liability portfolio

Published June 13, 2013 CST

Hiscox Ltd. has added crime and data breach and privacy security liability coverage options to its professional liability portfolio.

Willis launches all-risks insurance for commercial crime

Published June 12, 2013 CST

Willis Group Holdings P.L.C. has unveiled a new policy, CRIMEstar, that offers commercial crime coverage using all-risks wording.

EEOC sues BMW, Dollar General units over criminal background checks

Published June 11, 2013 CST

The U.S. Equal Employment Opportunity Commission has filed lawsuits against units of BMW Group and Dollar General Corp. for their use of criminal background checks, the agency said Tuesday.