It turns out there was another player in last year’s merger deal between Nationwide Mutual Insurance Co. and Harleysville Mutual Insurance Co.

According to a news report, Liberty Mutual also made an offer last September to buy Harleysville but was rejected in favor of Nationwide.

Bloomberg reported last week that Liberty Mutual had offered $42 a share for stockholders of Harleysville Group, which was lower than Nationwide’s offer of $60-per-share. Still, the Liberty Mutual offer had something that Nationwide didn’t: an incentive to policyholders in the form of a $250 million payout.

These details were included in Harleysville’s Securities and Exchange Commission filing last month. The riv

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Tags: Liberty Mutual, Mutual

The US wireless carrier AT&T has reportedly settled a patent infringement lawsuit filed against it by the digital video recorder giant TiVo for a total of $215 million.

The case came about after TiVo filed lawsuits against two other companies – EchoStar and Dish Network – over a patent relating to time warp technology.

The suit against AT&T was filed in the United States District Court for the Eastern District of Texas back in August 2009, with TiVo claiming that the company breached three of its patents relating to the way the user stores programs at the same time as viewing or reviewing others.

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Tags: Infringement Lawsuit, Lawsuit, Patent Infringement, Patent Infringement Lawsuit

During these cold winter months, when there are often spells of  deteriorating weather, it is more important than ever to maintain your home, inside and out.

According to M&S Money in the UK, weather-related claims have increased by 200% over the last three years.

The statistics

  • Seven out of ten people know they have a responsibility to keep their home in good conditionLess than a third of people carry out simple preventative measures
  • There were almost 30,000 claims due to damage to homes and businesses from burst pipes from last December’s freeze. Th

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If you are one of our landlord insurance clients you may be interested in the progress of the Government’s plans to reform social housing. One of their arguments is that there are too many council tenants living in houses that are bigger than they need. This is why they are planning to make them contribute to the rent if they have spare bedrooms and offer them house swaps to more suitable homes. They are also aiming to cap housing benefit at £400 per week.

The new rules are contained in the Welfare Reform Bill. The Government says that there are five million people on social housing waiting lists and over a quarter of a million tenants living in overcrowded conditions. It

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Tags: Council, Council Tenants

Emily Dewberry has joined Newline Australia Insurance as Claims Manager, based in Melbourne. She was previously at Allens Arthur Robinson as an insurance and litigation lawyer for almost five years.

Tags: Australia Insurance, Insurance, Newline Australia, Newline Australia Insurance