E&S/Specialty

The U.S. Supreme Court's decision earlier this month, that a company must show intent to dispose of chemicals to be liable as an "arranger" under the "Superfund Law," could benefit corporations caught up in potential liabilities under that statute.

Regulators around the globe are toughening up insurance requirements for companies doing business outside their domiciled countries, and the companies worldwide are demonstrating a greater willingness to focus on regulatory compliance.

The Supreme Court ruled earlier this month that women who lost credit for employment during maternity leave before the law was changed cannot count their time off toward a pension.

In addition to policies specifically designed to pay for loss of business income during a pandemic flu event, other specialty insurance coverages may be tapped to pay flu-related claims, according to a report published late last year.

Crop insurance remains a stable ship in a sea of turbulence, according to industry officials.

Last Thursday, Reps. Dennis Moore, D-Kan., and Scott Garrett, R-NJ, introduced legislation in the U.S. House of Representatives modernizing and reforming regulation of the surplus lines (nonadmitted) market.