Archive for September, 2009
5th Circuit Says Insurer Owes Defense For Damage From Faulty Foundation
September 30th, 2009
NEW ORLEANS – Exclusions for “your work” and “subsidence” do not preclude a commercial general liability insurer’s duty to defend underlying allegations of damage from a faulty foundation, the Fifth Circuit U.S. Court of Appeals held Aug. 26, reversing and remanding (Wilshire Insurance Co. v. RJT Construction LLC, No. 08-50925, 5th Cir.; 2009 U.S. App. LEXIS 19409).
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SA trade back in deficit, credit growth slows
September 30th, 2009
Weak exports swung the South African trade account into a deficit in August while demand for credit was at its lowest rate since 1966, suggesting no swift spending recovery will lift the economy out of a slump.
The South African Revenue Service on Wednesday said the trade account recorded a deficit of R1,98-billion in August after three months of surpluses including R447-million in July.
IDC opens regional office in Mpumalanga
September 30th, 2009
State-owned development finance institution, the Industrial Development Corporation (IDC) has officially launched its Mpumalanga regional office.
The Nelspruit-based office brought the IDC closer to existing and potential business partners in Mpumalanga would proactively identify and drive new business development and opportunities, handle and process enquiries and applications for finance and it will provide basic loan application assessments.
Caterpillar truck dealers chooses Pa. Firm for risk management software
September 30th, 2009
(Arizona) – One of the largest Caterpillar truck dealers in North America has chosen to use a Kennett Square, Pa.-based company’s software to manage its insurance certificates and contracts.<br
Caterpillar truck dealers chooses Pa. Firm for risk management software
September 30th, 2009
(Arizona) – One of the largest Caterpillar truck dealers in North America has chosen to use a Kennett Square, Pa.-based company’s software to manage its insurance certificates and contracts.<br
5th Circuit Says Insurer Owes Defense For Damage From Faulty Foundation
September 29th, 2009
NEW ORLEANS – Exclusions for “your work” and “subsidence” do not preclude a commercial general liability insurer’s duty to defend underlying allegations of damage from a faulty foundation, the Fifth Circuit U.S. Court of Appeals held Aug. 26, reversing and remanding (Wilshire Insurance Co. v. RJT Construction LLC, No. 08-50925, 5th Cir.; 2009 U.S. App. LEXIS 19409).
Full story on lexis.com
Office tenants to control market for 2 more years
September 29th, 2009
Tenants will continue to have the upper hand in the Twin Cities office real estate market well into 2011, according to a roundtable discussion held today in Golden Valley.
