Insurance policies do not cover losses due to the destructive properties of Chinese drywall because of two policy exclusions, a federal court has ruled.
New York Attorney General Andrew Cuomo has decided to withdraw his appeal of a judge's July decision to throw out the convictions of two Marsh & McLennan executives, according to court documents.
Texas drivers will need to purchase more automobile insurance at the start of 2011 to complete a two-year plan to update minimum liability coverage required.
Investment bank Keefe, Bruyette & Woods said mergers and acquisitions accelerated during the 2010 second half, indicating that larger companies with abundant capital are looking for "opportunistic growth."
Industry trade associations have joined together in filing a "friend of the court" brief with the Florida Supreme Court in support of United Automobile Insurance Company's request