Business Insurance articles from June 2007

Business Insurance archives from June 2007

From the top; Industry leaders share their views at RIMS panel.(Feature: Gatherings)(Discussion)
June 1, 2007... Byline: Rodd Zolkos NEW ORLEANS-A group of top insurance industry executives shared their views on everything from catastrophe modeling to optional federal regulation of insurance during a Leadership Panel Luncheon last month at the annual...

Willis Re executive recognized for professional development.(Industry News)(award)(Brief article)
June 1, 2007... PHILADELPHIA-The Insurance Education Institute and the Reinsurance Assn. of America have awarded the Lifetime Achievement Award to William H. Panning, executive vp and managing director at Willis Re Inc. Frank Nutter, RAA president, and...

Navigators launches specialty business program division.(Industry News)(Brief article)
June 1, 2007... NEW YORK-Navigators Management Co., the principal underwriting agency subsidiary of the New York-based Navigators Group Inc., has established a specialty program division. The new division will focus on developing portfolios of business in...

Hartford program eases return of injured workers.(Industry News)(Brief article)
June 1, 2007... SIMSBURY, Conn.-Hartford Financial Services Group Inc. has created a specialized team of clinical professionals to facilitate disabled employees' safe return to work. Through its Simsbury, Conn.-based group disability operation, Hartford...

The right tech tools for the job.(Last Word)
June 1, 2007... Byline: Jim McCallion As a benefits team working within a property/casualty insurer, have you ever felt technologically like you've been given a hammer to tighten a bolt? You're not alone. Most benefits brokers use generic customer...

The quote.(Industry News)(Quotation)(Brief article)
June 1, 2007... `Microfinance has proven to be a successful tool to help people out of poverty. Microinsurance is an important tool to complement microfinance.' -Dirk Reinhard, Vice Chair, Munich Re Foundation CAPTION(S): Dirk Reinhard

Swiss Re to continue E&O coverage for Big I.(Industry News)(Brief article)
June 1, 2007... OVERLAND PARK, Kan.-Swiss Re's Commercial Insurance and the Independent Insurance Agents of America have entered into a five-year agreement under which Swiss Re will remain the endorsed errors and omissions insurer of the Big I. Under the...

S&P launches standardized capital model.(Industry News)(Standard & Poor's Corp.)(Brief article)
June 1, 2007... NEW YORK-Standard & Poor's Corp. has released an enhanced insurance risk-based capital model for life, annuity, property/casualty, health insurance and reinsurance companies worldwide. According to New York-based S&P, the globally...

Lilly appointed to Richmond Fed board.(Industry News)(Claude Lilly)(Brief article)
June 1, 2007... CHARLOTTE, N.C.-An academic whose background includes expertise in insurance and risk management has been appointed to a board post with the Federal Reserve Bank. Claude Lilly, dean of the University of North Carolina at Charlotte's Belk...

Modeler, institute study China typhoons.(Industry News)(Brief article)
June 1, 2007... BOSTON-Risk modeling firm AIR Worldwide Corp. is collaborating with the Shanghai Typhoon Institute on research examining the atmospheric and hydrologic characteristics of typhoons making landfall in China. Boston-based AIR will use the...

In focus.
June 1, 2007... From cavemen to butterflies to rehabbing rabbits, insurance industry advertisers take a variety of routes as they look to connect with buyers, establish brand identity and set themselves apart from the competition. Some approaches are comic and...

Shifting markets demand cutting-edge ideas.(Feature: Gatherings)
June 1, 2007... Byline: Meg Fletcher LAKE BUENA VISTA, Fla.-To prepare for market changes during the next several years, insurers need to assess future demands and make intelligent decisions about information technology, an expert said. The most...

Lawmaker says frustrations no cause for law's repeal.(News)
June 1, 2007... Byline: Mark A. Hofmann WASHINGTON-Legislation to amend the McCarran-Ferguson Act is not on the "fast track,'' according to a key lawmaker. "You get frustrated'' with events such as the aftermath of Hurricane Katrina, said Rep. Earl...

On the move.(appointments)(briefs)
June 1, 2007... Robert Bentley has joined Newark, Calif.-based Risk Management Solutions Inc. as the company's first chief operating officer. Mr. Bentley previously was global COO at Guy Carpenter. Gary T. Huffman has been named president and chief...

Cost savings only the beginning of offshoring advantages.(Cover Focus: Emerging Markets & Globalization)
June 1, 2007... Byline: Rodd Zolkos As insurance industry companies look to maintain profitability in the face of softening market conditions in many lines, one concept they frequently are looking toward is offshoring certain business functions. The...

Three questions.(Industry News)
June 1, 2007... Lloyd's of London, soon to celebrate its 319th birthday, is the world's oldest insurance marketplace and has seen a lot of change in how insurance is transacted. Wendy Baker, president of Lloyd's America Inc. in New York, offers her insights on...

Few prepared to comply with `e-discovery' rules.(Tech Focus)
June 1, 2007... Byline: Rodd Zolkos In May's Industry Focus, Senior Editor Meg Fletcher wrote an interesting piece about the impending impact of new federal "e-discovery'' rules on insurance industry companies. The Federal Rules of Civil Procedure,...

Guidewire expands European operations.(Tech Focus)(Guidewire Software )(Brief article)
June 1, 2007... PARIS-Guidewire Software has expanded its international operations with the opening of a Paris office. San Mateo, Calif.-based Guidewire's European presence already includes a London office and the company plans additional expansion in...

Storm season to deal cards.(First Word)
June 1, 2007... Byline: Rodd Zolkos As was made abundantly clear by last year's insurance industry profits, insurers, along with the inhabitants of windstorm-exposed coastal areas, caught a lot of good luck in 2006 by way of a relatively mild U.S....

Local knowledge.(Cover Focus: Emerging Markets & Globalization)
June 1, 2007... According to Russell J. Pass, a member of Chicago-based management consultant Bridge Strategy Group L.L.C., while there are many factors to consider in selecting an offshore location and each company's priorities are unique, there are a few...

Microclimate.(Cover Focus: Emerging Markets & Globalization)(Brief article)
June 1, 2007... Some 78 million policyholders are paying premiums to 246 insurers for 357 microinsurance products that are sold in the world's 100 poorest countries. Policyholders have sought ways to protect their lives and income by purchasing...

A SPIRITUAL PATH INTO AN EMERGING MARKET.(Cover Focus: Emerging Markets & Globalization)
June 1, 2007... Byline: Meg Fletcher Insurers are converging on the Middle East because of the rising value of crude oil and natural gas buried under the desert sands that is fueling an emerging insurance market. At $65-plus per barrel, profits from...

Barriers to business.(Cover Focus: Emerging Markets & Globalization)
June 1, 2007... Byline: Meg Fletcher Some Middle Eastern countries have trade barriers against U.S. insurance services, although U.S. trade officials say some of the barriers are legal. This year, they identified several Middle Eastern countries with...

Small business big benefits.(Cover Focus: Emerging Markets & Globalization)
June 1, 2007... Byline: Meg Fletcher Providing insurance for the working poor in developing countries is expanding rapidly, although the market faces social and economic challenges. Most often, policyholders are women such as an Indonesian seamstress...

Keys to market success.(Feature: Gatherings)(Brief article)
June 1, 2007... Areas on which insurers need to focus to prepare for future demands. * Ensure the company's culture allows and encourages innovation. * Deploy business process management technologies to improve and automate core processes. *...

Database Solutions updates agent software.(Tech Focus)(version 4.0 of its Group Insurance Module )(Brief article)
June 1, 2007... TORONTO-Database Solutions Ltd. has released version 4.0 of its Group Insurance Module for its Agent Intelligence on-demand customer relationship management software. New features included in Agent Intelligence v4.0 are intended to...

10 best practices for boards overseeing insurers.(Perspective)
June 4, 2007... Byline: John S. Scheid As the insurance industry's ability to better fulfill its historical role of protecting its customers has been transformed by new risk management tools, ingenious financial models and innovative products, it has also...

Market moves.(briefs)
June 4, 2007... AmWINS opens Alabama office BIRMINGHAM, Ala.-American Wholesale Insurance Group Inc. has opened a Birmingham, Ala., office and hired Jeffrey McNatt as president of the unit, AmWINS Brokerage of Alabama L.L.C. Previously, Mr. McNatt was...

Telecom Risks facing coverage hang-ups: Value of business interruption cover debated; Risk managers seeking alternatives to respond more quickly, pay upfront.
June 4, 2007... Byline: RICHARD MILLER Telecommunication companies are questioning the value of business interruption cover, given the complexities in settling claims and backup systems to aid business continuity, experts say. In response, there is a...

Service interruption protections vary by nation.(Emily Freeman of Lockton Companies Inc. on regulations of telecommunications industry)(Brief article)
June 4, 2007... Byline: Stuart Collins Liabilities for service disruption related to telecommunications companies differ from country to country, according to Emily Freeman, London-based executive director of technology, media and cyber risks for Lockton...

Insurers exclude risks associated with electromagnetic radiation; No consensus reached on EMR's effect on health.(electromagnetic radiofrequency)
June 4, 2007... Byline: ROSEANNE WHITE GEISEL It may take two more decades to know if electromagnetic radiofrequency energy is a significant liability issue for telecommunications companies, so, in the interim, insurers are treating the risk as cautiously...

AMRAE attempting to give legitimacy to captives in France.(publishes guide for risk managers)
June 4, 2007... Byline: RICK MITCHELL PARIS-Risk managers in France are being encouraged by their representative association to consider greater use of captive insurance as a risk management tool. And regulatory and fiscal changes in France and the...

Risk managers seek greater involvement at top level.(Anja Antonsen, risk manager at TDC A/S)(Interview)
June 4, 2007... Byline: Richard Miller In the telecommunication's sector, the degree to which corporate risk managers have a voice in top management decisions is described by one expert as "inconsistent''-and, indeed, some risk managers are seeking a...

NY insurance superintendent tapped to head new financial commission; Modernizing laws key to promoting competition, growth.(News)(Brief article)
June 4, 2007... Byline: RUPAL PAREKH NEW YORK-New York is working to improve the state's financial services regime, and State Insurance Superintendent Eric Dinallo has been tapped to lead the effort. New York Gov. Eliot Spitzer last week signed an...

In brief.(News in Brief)
June 4, 2007... CSU team forecasts busy storm season The hurricane forecasting team at Colorado State University continues to predict above-average tropical storm activity for the 2007 Atlantic hurricane season, which began last Friday. In its latest...

Caribbean cat pool now operating.(natural catastrophe insurance now available)(Brief article)
June 4, 2007... Byline: RUPAL PAREKH WASHINGTON-A multinational pool developed by the World Bank to provide Caribbean governments access to natural catastrophe insurance began offering coverage last week. The Caribbean Catastrophe Risk Insurance...

Employers score a win with pay bias decision; Supreme Court puts firm limit on filing period.(Lilly Ledbetter vs. Goodyear Tire & Rubber Co.)
June 4, 2007... Byline: MARK A. HOFMANN WASHINGTON-Employers can breathe a bit easier as a result of the closely divided Supreme Court decision that plaintiffs alleging illegal pay discrimination under Title VII of the Civil Rights Act of 1964 must file a...

BI extends deadline for 2007 benefit award.(2007 Benefit Manager of the Year)
June 4, 2007... Business Insurance has extended the deadline for nominations for the 2007 Benefit Manager of the Year(r). The competition seeks to recognize excellence and innovation in benefits management. Any full-time employee of a corporation,...

Avoid surprises by understanding coverage.(News)(Brief article)
June 4, 2007... Byline: Rupal Parekh Policyholders can dodge potential problems arising from a coverage dispute with their Bermuda-based insurer by carefully reading and understanding policy provisions and maintaining communication with insurers. ...

Largest P/C insurers post profitable quarter; Despite pricing pressures, combined net income up 24.1.(News)(property and casualty )(Financial report)
June 4, 2007... Byline: JUDY GREENWALD Commercial property/casualty insurers continue to harvest the fruits of the past hard market, despite a softening market that eventually will affect results, observers say. First-quarter 2007 insurer results were...

RIMS toughens stance on contingents; Brokers told to reject insurer incentive payments; risk managers urged to make voices heard.(Risk & Insurance Management Society Inc.)
June 4, 2007... Byline: SALLY ROBERTS NEW YORK-The Risk & Insurance Management Society Inc. is taking its strongest stance yet on the issue of broker compensation, calling for a prohibition on all "placement fees'' paid to brokers by insurers and for risk...

Texas lawmakers opt to ignore government accounting standard; Rejecting GASB 45 could hurt state's bond rating, some say.(News)(Governmental Accounting Standards Board)
June 4, 2007... Byline: JOANNE WOJCIK AUSTIN, Texas-Legislation allowing Texas and public entities within the state to disregard an accounting standard that governments publish their retiree health liabilities on their financial statements is drawing a...

Errors & Omissions.(Correction notice)
June 4, 2007... Due to an editing error, a May 28 Late News brief incorrectly characterized a verdict involving former Brightpoint Inc. Director of Risk Management Timothy Harcharik. He was found liable on civil charges of aiding and abetting fraud brought by...

Medicare set-asides pay for future medical expenses.(News)(Brief article)
June 4, 2007... Byline: Roberto Ceniceros A Medicare set-aside is an allocation for future medical expenses that would be covered by Medicare if private insurance were not available. Under Medicare Second Payer laws, Medicare pays medical expenses...

Medicare workers comp settlement legislation introduced; Bill intends to ease administrative process for employers, insurers.(News)
June 4, 2007... Byline: ROBERTO CENICEROS New federal legislation would ease employer and insurer administrative frustrations and more quickly close workers compensation medical claims that require set-aside amounts to meet federal Medicare secondary...

RIMS stands against contingent payments.(Risk & Insurance Management Society Inc.)(Brief article)
June 4, 2007... IT IS NOT SURPRISING that the Risk & Insurance Management Society Inc. has come out against broker contingent commission arrangements. What is baffling, though, is that it took RIMS so long to oppose an arrangement that is obviously...

LiLo back in rehab but producers of 'Poor Things' say they'll wait.(End Page)(Lindsay Lohan )(Brief article)
June 4, 2007... Lindsay Lohan's latest rehab stint apparently won't impact her work on a dark comedy film about two elderly female con artists who befriend homeless men they murder to collect life insurance payouts. The movie is based on true events that...

Poland risk group urges businesses to adopt ERM; Others skeptical that companies can bypass traditional practices.(enterprise risk management)
June 4, 2007... Byline: RICHARD MILLER WARSAW, Poland-In Poland, where the practice of risk management is still a new discipline, the local risk management association believes it is realistic to encourage companies to jump straight into the gold-plated...

Reinsurance placement necessary for catastrophe cover in Romania.(International News)
June 4, 2007... Byline: RICHARD MILLER SINAIA, Romania-After a recent setback, the Romanian government is once again moving forward with creation of a compulsory catastrophe insurance program for homeowners that could ultimately require a placement of E3...

Latest business interruption cover doesn't need a physical trigger.(Zurich Financial Services to launch a contingent business interruption product )
June 4, 2007... Byline: RICHARD MILLER Among the latest developments in business interruption insurance is coverage for nonphysical damage, which some experts believe could fill important gaps for the telecommunications sector. Zurich,...

Technology innovations boost risks for telecommunications companies; Security breaches increase exposure to privacy liability.
June 4, 2007... Byline: DAVE KAISER As communication links multiply around the world, companies that provide much of the infrastructure for that growth face some huge security and liability issues, insurance experts say. Telecommunications companies,...

Latest wrinkle in fight against lawsuit abuse.(dry cleaning case, implications of consumer protection law)
June 4, 2007... Byline: Mark A. Hofmann Perhaps the Age of Miracles is indeed upon us. Or, given the particulars of the tale that follows, perhaps at least the Age of Common Sense hasn't totally passed into the history books. For this tale, at least...

Presidential hopeful mines Mass. model; Obama's ideas include reinsurance backstop for employer plans.(Barack Obama)
June 4, 2007... Byline: JERRY GEISEL WASHINGTON-Massachusetts' landmark health care reform law, which already has helped to shape reform measures in other states, is being incorporated-at least in part-by a major presidential contender. During a...

Industry will change when buyers demand it.
June 4, 2007... Byline: Myron M. Picoult I have long postulated that the property/casualty industry's business model is broken and has to be modified. Change does not come easily to this industry, and it appears to be an excruciating experience to conjure...

GOVERNMENT ACCOUNTING STANDARDS; Inside the acronyms.(News)(Brief article)
June 4, 2007... GASB: Governmental Accounting Standards Board, a private-sector organization in Norwalk, Conn., that establishes accounting standards for state and local governments. Although these standards are not legally enforced, GASB standards are...

Hillary learned lesson from failed reform effort.(Hillary Rodham Clinton)(Brief article)
June 4, 2007... It took a while, but Sen. Hillary Rodham Clinton, D-N.Y., finally understands why her first attempt at comprehensive health care reform failed. To pass legislation, Sen. Clinton said last month, all the major players-providers, employers...

Trial bar blitz tackles Miss. insurance race.(End Page)(George Dale targetted)(Brief article)
June 4, 2007... Primary races for insurance commissioners don't usually generate a lot of television ads. In fact, they usually don't generate much hoopla of any sort. But that's not the case in Mississippi, where Insurance Commissioner George Dale finds...

Re-Mission arms victims in battle against cancer.(CIGNA Healthcare Group Inc. partners with HopeLab to develop the video game, Re-Mission)(Brief article)
June 4, 2007... While some see video games as harmful to young minds, CIGNA HealthCare is encouraging young cancer patients to play one designed specifically to help them cope with their disease. CIGNA teamed up with nonprofit HopeLab to create Re-Mission,...

Video captures deer hunter in workers comp fraud case.(Dennis Gillan of New York)(Brief article)
June 4, 2007... A onetime corrections officer who hunted deer found himself to be the hunted-by investigators tracking his movements in a workers compensation fraud probe. Dennis Gillan of Monroe, N.Y., was arrested on charges of insurance and workers...

Tracing origins of a unique policy provision.(services of ACE Ltd. and XL Capital Ltd, interpretation of insurance law of New York)
June 4, 2007... Byline: RUPAL PAREKH The arbitration provision in the Bermuda insurance policy form dates back to the liability crisis of the mid-1980s and the creation of ACE Ltd. and XL Capital Ltd. Both companies were established to provide much...

Got a Bermuda policy? Check the fine print.(News)
June 4, 2007... Byline: RUPAL PAREKH As a growing number of insurers make Bermuda home, more policyholders may want to get acquainted with arbitration provisions in the policies issued by the insurers. Policyholder attorneys say the provisions-which...

Obama's MASS.-IVE PLAN.(implications of Sen. Barack Obama's health care reform for health insurance industry)(Brief article)
June 4, 2007... What Sen. Barack Obama's health care reform plan would do * Employers would pay new payroll-related tax if they do not offer "meaningful" health care coverage * Federal reimbursement of health care claims that exceed a certain level...

On the web.
June 4, 2007... READERS CHOICE AWARDS Your opinion counts for BI's Readers Choice Now in their third year, BI's Readers Choice Awards recognize the top-performing companies in 11 different categories relating to risk management, insurance and employee...

Forty years of BI.(Business Insurance's anniversary)(Factory Insurance Association and Oil Insurance Association merger)(Marsh & McLennan Companies Inc. ranked largest broker)(Brief article)
June 4, 2007... On Oct. 8, 2007, Business Insurance will celebrate its 40th anniversary of publication. Each week until then, BI will offer a peek at news we reported during the past four decades. July 14, 1975 The Factory Insurance Assn. and the Oil...

Online Poll at www.businessinsurance.com.(World Trade Center coverage policy)(Brief article)(Statistical data)
June 4, 2007... Do you think the protracted coverage dispute arising from the destruction of the World Trade Center could have been avoided by more timely policy issuance? YES: 47.1% NO: 52.9% Next week's poll: Will RIMS' position opposing all...

PRIMA's focus on skills; Questions & Answers.(Spotlight: Government Risk Management)(dialogue with William C. Kostner of Public Risk Management Association)(Interview)
June 11, 2007... Byline: Dave Lenckus The skills needed by risk managers of public entities in the United States have changed greatly in recent years. In an interview with Business Insurance Senior Editor Dave Lenckus, William C. Kostner, incoming...

Programs to avoid disruptive behavior seen as stronger tactic in student discipline.(Spotlight: Government Risk Management)
June 11, 2007... Byline: Dave Lenckus Rigid or flexible, zero tolerance policies on student behavior will not discourage disruptive student behavior, according to experts. Those policies-which typically lead to student suspensions, expulsions and...

Broker consolidation fueled by private equity.(Opinions)(Brief article)
June 11, 2007... IT DOESN'T TAKE clairvoyance to forecast consolidation among insurance brokers-it's already happening. As we report on page 1, private equity firms continue to acquire brokers, with The Blackstone Group agreeing to purchase a majority stake...

Managed care companies' first-quarter profits lower; But health care costs, premiums are likely to remain stable.(News)(Financial report)
June 11, 2007... Byline: GLORIA GONZALEZ NEW YORK-Commercial health care costs and premium increases likely will remain in a stable range this year, despite unusually low profits for many of the major managed care companies in the first quarter of 2007....

Massachusetts eases compliance with health reform law; Final rules governing creditable coverage help employers, workers.(News)
June 11, 2007... Byline: JERRY GEISEL BOSTON-Massachusetts regulators last week finalized rules to make it easier for employers and employees to comply with the state's landmark health care reform law. The final rules largely incorporate regulations...

There's a difference in news and opinions.(Commentary)(Business Insurance)
June 11, 2007... Byline: Regis Coccia One of the things I look forward to as editor is hearing from readers. We like to know when we've published something that strikes a chord, but sometimes what appears in BI doesn't resonate, and readers express their...

Jobs not guaranteed for disabled applicants; ADA accommodation decision may end up in Supreme Court.(News)(Americans with Disabilities Act)(Pam Huber vs. Wal-Mart Stores Inc.)
June 11, 2007... Byline: JUDY GREENWALD ST. LOUIS-The Americans with Disabilities Act does not require an employer to offer a vacant job to a disabled worker as an accommodation if a better qualified applicant is available, says a federal appellate court,...

ERIE COUNTY RULINGS.(News)(Brief article)
June 11, 2007... August 2000: The 3rd U.S. Circuit Court of Appeals rules the Age Discrimination in Employment Act applies to retiree health care plans. The ruling involved plans provided by Erie County, Pa. October 2000: The Equal Employment Opportunity...

Scourge of insurers faces cover problems.(End Page)(Michael Moore)(American health insurance)
June 11, 2007... Controversial filmmaker Michael Moore hit a snag in making his latest movie-finding an insurer willing to provide coverage for the picture's production. "Sicko,'' Mr. Moore's new film-which takes a scathing look at the American health...

CalPERS teams with expert.(News)(appointment of David J. Brailer)(National Health Information Technology)(Brief article)
June 11, 2007... Byline: Joanne Wojcik Dr. David J. Brailer was appointed the first National Health Information Technology Coordinator by President George W. Bush on May 6, 2004. He was charged with setting the nation's health care industry on a...

RenRe sets up sidecar for Florida property cat.(In Brief)(RenaissanceRe Holdings Ltd)
June 11, 2007... RenRe sets up sidecar for Florida property cat RenaissanceRe Holdings Ltd. has launched a so-called sidecar dedicated to providing reinsurance capacity for the Florida homeowners market. Starbound Reinsurance II Ltd. will create...

Policies, ongoing training essential in avoiding police liability.(Spotlight: Government Risk Management)
June 11, 2007... Byline: MARK A. HOFMANN The best place to begin efforts to minimize liability for law enforcement agencies is to have effective policies and procedures in place-but that really is only the beginning, say experts on public entity liability....

Florida property catastrophe capacity may be on the rebound.(Spotlight: Government Risk Management)
June 11, 2007... Byline: JUDY GREENWALD Many observers see improved signs of property catastrophe capacity in Florida for public entity risk managers. "In Florida, we're actually finding some more capacity this year than we did a year ago,'' said David...

PUBLIC ENTITIES GRAPPLE WITH CAT COVERAGE: Catastrophe prices lead some to forgo cover; Governments, school districts weigh costs; some buyers opt to skip earthquake protection.(Spotlight: Government Risk Management)
June 11, 2007... Byline: JUDY GREENWALD There have been few natural catastrophes in the United States since early 2006, but you wouldn't know it by talking to public entity risk managers seeking catastrophe coverage in earthquake and hurricane-prone areas....

Comings & goings.(briefs)(appointments)(United America Indemnity Ltd.)
June 11, 2007... Brokers: London-based Miller Insurance Services Ltd. has named Glyn Hall director of the reinsurance team. He joins Miller from JLT Re, where he was a partner. Richmond, Va.-based Hilb Rogal & Hobbs Co. has named Mary S. Botkin senior...

Judge leads trip to movies.(End Page)(Brief article)
June 11, 2007... And the Oscar goes to...UnitedHealth Group Inc. shareholders. A shareholder lawsuit filed against the Minnetonka, Minn.-based health insurer resembles the plot in "The Sting,'' a 1973 Academy Award-winning movie starring Paul Newman and...

Discovery rights limited in asbestos cover case; Court restricts reinsurers' access to information.(News)(American Re-Insurance Co. vs. United States Fidelity & Guaranty Co.)
June 11, 2007... Byline: DOUGLAS McLEOD NEW YORK-A state appeals court has limited reinsurers' discovery rights in a dispute with United States Fidelity & Guaranty Co. over $400 million in reinsurance claims for USF&G asbestos losses. A New York...

ALLIANT INSURANCE SERVICES.(News)
June 11, 2007... Brokerage revenues: $230 million in 2006 Premiums: $2.4 billion Clients: 20,000 Headquarters: Newport Beach, Calif. Source: Alliant Insurance Services

Employer doesn't have a wooden leg to stand on.(End Page)(Brief article)
June 11, 2007... "A wooden leg is a man's property, not part of his person,'' a Colorado court ruled in 1926. Therefore, an employer didn't have to compensate an employee that damaged his wooden leg while working, the court said. Fast forward 81 years,...