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Developments and trends affecting buyers of specialty insurance lines, including D&O, E&O, employment practices liability, cyber risk, marine and transportation, and surplus lines.
WASHINGTON (Reuters)—Mitsui & Co. Ltd.'s MOEX Offshore agreed with the U.S. Justice Department to pay at least $90 million to settle its liability in the Deepwater Horizon oil spill, the first government settlement involving the BP P.L.C.…
California, DOL address misclassification of employeesWASHINGTON—The U.S. Department of Labor has entered into a memorandum of understanding under which it will work with the state of California to address the issue of misclassification of employees.
More shipwreck survivors sue Carnival, CostaMIAMI (Reuters)—Dozens of additional survivors of the Costa Concordia shipwreck off Italy have joined a Florida lawsuit that accuses the ship's owners of gross negligence and fraud, and asks for at least $528 million in damages.
NEW YORK—Bob Coords has joined Starr Insurance Holdings Inc. as head of Starr Specialty Reinsurance, a division of Starr Indemnity & Liability Co., the insurer announced Thursday.
Indemnification is the first and most important line of defense for the protection of directors and officers. But corporate officials are not always entitled to indemnification. For example, under Delaware law, they cannot claim mandatory…
Among those who testified at the recent Equal Employment Opportunity Commission hearing on pregnancy discrimination was Deane Ilukowicz, vp of human resources for Hypertherm Inc., who said employers could use more guidance on how to comply with…
In a ruling that has garnered national attention and controversy, a federal judge upheld the termination of a woman who claims she was fired because she asked for accommodations to breastfeed her baby.
The U.S. Dept. of Labor's wage-and-hour division is proposing regulations that would expand employers' Family and medical Leave requirements for caregivers of injured veterans.
BusinsJGreenwal Supreme Court ruling in W.Va. case could impact California court's arbitration jurisprudence. http://t.co/nWFoliwB
BusinsJGreenwal Employer may have violated FMLA when it suspended worker for visiting dying mother, says appellate court. http://t.co/ExQFCY4V
BusinsJGreenwal EEOC approves 4-year strategic plan that calls for developing a new enforcement approach to tackle discrimination.http://bit.ly/zzq4Dg
BusinsJGreenwal Here's good advice on avoiding workplace violence: assess the climate, establish dialogue and develop a plan. http://t.co/NhYX11Ti
BusinsJGreenwal Genetic discrimination claims certain to increase as more information becomes availalbe. http://t.co/RWONQfwk
What is the next liability exposure that could rival the asbestos crisis? This white paper examines five liability exposures that have the potential to cause grave problems for the commercial insurance industry: nanoscale materials; genetically modified plants and animals; climate change; exposure to radio frequency waves; and the environmental impact of hydraulic fracturing in natural gas drilling.
As the workforce becomes increasingly mobile, the risk landscape for employers is transforming, with workers comp, employment practices liability and cyber exposures moving out of the traditional workplace and into workers' homes, cars and even public places. This white paper examines the risks associated with telework and offers practical advice on how risk managers can get them under control and shield their organizations from liability.
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