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Daily NewsFlash : July 08, 2013

Daily NewsFlash
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Monday, July 08, 2013

Delaware Ruling Benefits Companies in Big-Ticket Corporate Litigation

LitigationA recent ruling in Delaware is poised to change the landscape in big-ticket corporate litigation-to the delight of many companies and the likely chagrin of some shareholders.


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Commercial P&C Rates Steady at Plus 5% for June: MarketScout

Insurance rates for JuneMarketScout has promulgated the June 2013 composite P&C rate for commercial property and casualty insurance in the United States at plus 5 percent.

All coverages, industry groups and account sizes held within a plus 1 to minus 1 percent range as compared to las...

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Former AIG Boss Greenberg Building A New Empire

AIG GreenbergLately, Maurice "Hank" Greenberg, former chief executive of American International Group Inc., has been traveling the world, with stops in Shanghai, Istanbul, Manila and other far-flung locales.

The 88-year-old hasn't been sightseeing. Eight years after his forced resignation from AIG -- which he turned from a...

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Retailers Becoming More Stringent about Monitoring Safety at Bangladesh Factories

Factory safetyRetailers are becoming more stringent about monitoring safety at the factories they use in Bangladesh, pre-empting a safety pact that won't come into full effect until the fall.

A sense of urgency has permeated retailers in the wake of a factory building collapse that killed more than 1,100 workers ...

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Swiss Re Estimates Losses from Recent Flooding in Central and Eastern Europe at $300 Million

Swiss ReThe high water levels experienced along the major central and eastern European river systems in recent weeks are expected to generate approximately $300 million in claims for Swiss Re, net of retrocession and before tax. The flooding affected large areas in the eastern part of Germany, the Czech Republic,...

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American Collectors Hosting Collector Car Appreciation Event on July 12

American CollectorsAmerican Collectors Insurance, a national provider of insurance for collector vehicles and collectibles, is hosting a National Collector Car Appreciation Day event from 4-7 pm on July 12, 2013 at the company's headquarters in Cherry Hill, N.J.

The event is part of a nationwide fourth an...

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