Fri, 29 Aug 2014 17:03:25 +0000
New York officials say $33 million in federal Sandy relief will be going toward the purchase of about 24 acres on Staten Island to control future flooding. Sen. Charles Schumer and New York City Mayor Bill de Blasio announced the … The article New York...
Fri, 29 Aug 2014 16:59:17 +0000
Nationwide Mutual Insurance Company has begun selling its Nationwide-branded auto insurance in New Jersey this month for the first time since 1981. “So we’ve been writing business now for about two weeks and so far, so good. It’s obviously very … The a...
Fri, 29 Aug 2014 16:49:01 +0000
Louisiana’s property insurance market is vastly improved nine years after Hurricane Katrina devastated the state on Aug. 29, 2005, largely due to the implementation of statewide building codes and strategies that have helped create a more competitive...
Fri, 29 Aug 2014 16:48:48 +0000
A University of Hawaii report is warning the state’s tourism industry to start preparing now for the effects of climate change. The study says Hawaii will likely see more competition for visitors as warmer climate zones expand and new, easier-to-reach ...
Fri, 29 Aug 2014 16:48:10 +0000
Aon Benfield announced that it has secured “the reinsurance capacity for a unique cyber product developed by the Lloyd’s syndicate of mutual energy insurer AEGIS London. “The product offers a comprehensive cyber risk management service, and allow...
Fri, 29 Aug 2014 16:34:40 +0000
U.S. Agriculture Department has announced new supplemental coverage for North Dakota crops through the federal crop insurance program. U.S. Sen. John Hoeven said the department’s Supplemental Coverage Option will include corn and barley for all North D...
Fri, 29 Aug 2014 16:34:14 +0000
Iceland reduced its aviation warning level to orange on Friday after concluding that a small eruption in the Bardarbunga volcano system that triggered a hours-long red alert actually posed no threat to aircraft. No sign of ash like that from … The arti...
Fri, 29 Aug 2014 16:32:38 +0000
An explosion at a BP oil refinery in Indiana rattled nearby homes and sparked a fire that was later extinguished, but it didn’t cause any major injuries or halt production at the facility, a company official said. The explosion at … The article Blast a...
Fri, 29 Aug 2014 16:29:42 +0000
Stuart Parker, currently chief operating officer at San Antonio-based USAA has been named to succeed current CEO Joe Robles when he retires at the end of February 2015. USAA Capital Corporation President Carl Liebert will succeed Parker in the role … T...
Fri, 29 Aug 2014 16:28:52 +0000
GetMyBoat, a global peer-to-peer and boat rental and charter marketplace, has launched a global boat rental insurance product. Customized coverage is offered to boaters who book through the company or through any other service or platform. Policies can...
Fri, 29 Aug 2014 16:27:02 +0000
“It’s been a busy week,” said Glen Pomeroy, CEO of the California Earthquake Authority. The magnitude 6.1 earthquake that struck Northern California in the early hours of Aug. 24 may cause up to $4 billion in economic losses by some … The article...
Fri, 29 Aug 2014 16:23:28 +0000
When the call came from an officer who needed help facing an armed robber at a fast-food restaurant, two members of a reality television show riding along with Omaha police hustled to record the confrontation. In the chaotic scene that … The article â€...
Fri, 29 Aug 2014 16:15:22 +0000
Louisville, Ky.-based Assured Neace Lukens hired Cary Seager as Health & Productivity manager. In her new role, Seager will support Assured Neace Lukens clients in the Cincinnati, Columbus and Dayton, Ohio, and Indianapolis, Ind., markets with customiz...
Fri, 29 Aug 2014 16:15:18 +0000
NORCAL Mutual Insurance Company, a medical professional liability insurance carrier domiciled in San Francisco, said it is now offering its medical professional liability coverage to healthcare professionals in Delaware and Pennsylvania. The company sa...
Fri, 29 Aug 2014 16:13:57 +0000
Commercial insurance brokers Aaron Endris and Bryan Parker joined the Swantner & Gordon branch office of Higginbotham in Corpus Christi, Texas. Endris joins as manager of the bond department and Parker as associate of property/casualty insurance, conce...
Fri, 29 Aug 2014 15:57:40 +0000
Philadelphia Insurance Companies said it’s been vindicated in its investigation and denial of a fraudulent claim filed by an East Texas motorist for the 2009 crash of his Bugatti Veryon, following his guilty plea this week in the case United … The arti...
Fri, 29 Aug 2014 15:30:49 +0000
Tower Group International must deal with more ratings downgrades from A.M. Best, spurred by its soaring net losses and uncertainty over whether it can carry its debts through an intended merger with ACP Re. A.M. Best said its revised ratings … The arti...
Fri, 29 Aug 2014 14:09:39 +0000
The South Carolina Supreme Court ruled this week that an employee injured during a company kickball game is entitled to workers’ compensation benefits. The court found that Stephen Whigham’s kickball injury was covered by workers’ compensation be...
Fri, 29 Aug 2014 13:24:30 +0000
DuPont will pay a fine of $1.275 million to settle a federal complaint over eight chemical releases from a Kanawha County production facility, one of which killed a worker. The Department of Justice and U.S. Environmental Protection Agency said the … T...
Fri, 29 Aug 2014 13:02:24 +0000
When it comes to Atlantic hurricanes, brief and ugly is beautiful, at least to Phil Klotzbach, lead author of Colorado State University’s seasonal storm forecast. That’s because a ragged-looking tropical system that only lasts a few days is an indi...
Fri, 29 Aug 2014 10:43:18 +0000
The U.S. systemic risk council will meet on Sept. 4 to discuss naming nonbank financial firms for tougher regulatory oversight, the U.S. Treasury Department said on Thursday. The Financial Stability Oversight Council (FSOC) appears close to deciding wh...
Fri, 29 Aug 2014 10:21:05 +0000
Iceland put airlines on the highest level of alert after authorities detected an eruption north of the Bardarbunga volcano. The Icelandic Met Office raised the alert over the site to red and flights have been banned below 5,000 feet, air … The article ...
Fri, 29 Aug 2014 10:14:15 +0000
UK-based broker Miller Insurance Services LLP announced that it has “implemented plans to grow its Asia construction book with the appointment of producer Paul Beattie as Head of Construction, Asia.” Beattie has over 20 years’ experience in produ...
Fri, 29 Aug 2014 10:11:13 +0000
The massive undersea search area for a missing Malaysian airliner in the southern Indian Ocean could be extended farther south based on new satellite analysis, only weeks before the multimillion dollar, yearlong sonar hunt for wreckage is due to begin,...
Fri, 29 Aug 2014 10:01:36 +0000
When it comes to personal lines insurance there are really only two attachment points – acquiring the policy and making a claim. The first is fairly simple, although less so if you happen to be a young driver. It’s the … The article How Insurance C...
Fri, 29 Aug 2014 02:56:09 +0000
When Assemblywoman Susan Bonilla, D-Oakley, amended her measure to regulate transportation network companies, Uber, Lyft and others removed their opposition and are now supporting the bill. Assembly Bill 2293 was agreed to on Wedensday by TNCs, which h...
Thu, 28 Aug 2014 23:59:15 +0000
Merriwether and Williams Insurance Services in California has named Kathleen Creedon director of risk management services. Creedon will focus on the development of Merriwether’s risk management services, including consulting, construction wrap-up ser...
Thu, 28 Aug 2014 19:00:13 +0000
Young female drivers have more crashes at intersections and collisions with pedestrians than do young male drivers, who have more off-road and nighttime accidents than young female drivers. Gender is often related to what type of severe or fatal crash ...
Thu, 28 Aug 2014 18:54:29 +0000
The California Department of Insurance on Wednesday led a statewide multi-agency sweep in which representatives visited more than 50 businesses to educate owners about their obligations to comply with insurance, licensing, workplace safety and labor la...
Thu, 28 Aug 2014 16:58:02 +0000
State Farm has added object recognition technology to their Pocket Agent app to make submitting an auto claim via a mobile device easier and simplify the claims process. This new technology reduces the need for typing by using the mobile … The article ...