Litigation

Professional firms, such as law firms and accounting firms, require special attention when placing their executive perils coverages, including employment practices liability and directors and officers liability insurance.

Workplace discrimination claims are at an all-time high, and small-business owners feel vulnerable.

In fiscal year 2009, the U.S. Equal Employment Opportunity Commission received over 90,000 new private sector charges of discrimination for the second straight year, the agency reported.

Regulators should work with the insurance industry to eliminate confusing contract language that challenges even skilled lawyers, a consumer representative said.

Standard & Poor's Ratings Services said the rating status for the Wisconsin subsidiary of municipal bond insurer Ambac Financial Group has been revised after that state's regulator halted claim payments to certain policyholders.

A federal judge has rejected a former Aon executive's claim that he was entitled to pension benefits that the firm denied him for violating a non-compete agreement.

The Professional Insurance Agents of New York (PIANY) said it will not join a lawsuit challenging the legality of the New York State Insurance Department's producer compensation disclosure regulation.

Reacting to the new health care reform law, Virginia Gov. Bob McDonnell signed legislation outlawing the U.S. government from requiring state residents to purchase medical insurance.