Updated: July 3, 2008, 12:49 pm EST
Happy 4th of July!
Our offices will be closed July 4. Daily news and updates will resume on Monday, July 7.
Our offices will be closed July 4. Daily news and updates will resume on Monday, July 7.
U.S. Midwest Floods Show Impact of Global Warming, Say Conservationists
Floods like those that inundated the U.S. Midwest are supposed to occur once every 500 years but this is the second since 1993, suggesting flawed forecasts that do not take ...
Insurance Crime Bureau Web Site Lists Total Loss Vehicles
The National Insurance Crime Bureau (NICB) has created a new Web-based service with total-loss data for consumers so they can learn if a vehicle has previously been severely ...
U.S. Government Ignores Own Advice on ID Theft Prevention
When it comes to the risks of identity theft, the U.S. government isn't taking its own advice.
The nation's Medicare agency and the Pentagon compel at least 52 million ...
New York City Raises Penalties for Construction Code Violations
New York City construction codes -- revamped for the first time in four decades -- went into effect earlier this week and will increase penalties for some safety violations at ...
N.H. Flood Maps Outdated, FEMA-Sponsored Study Finds
Federal maps used by most New Hampshire communities to determine the scope of once-per-century floods are sometimes decades out of date.
A study recommends updating them to ...
Republican Brady Quits Government Jobs for Delaware Insurance Race
Republican House attorney John Brady has resigned from his General Assembly position to prepare for his campaign for state insurance commissioner.
Brady stepped down so to ...
Red Sox, City Balk at Inspection Doubts; Say Fenway Park Safe
City and Red Sox officials say Fenway Park is safe despite what appear to be just cursory annual safety inspections of the 96-year-old stadium.
According to a report in The ...
5 Million Michigan Residents Will Travel over July 4 Holiday, Says AAA
An estimated 1.5 million Michigan residents will travel during the 2008 Fourth of July holiday, according to a recent AAA survey of 8,500 U.S. residents. Of this number, 1.1 ...
FEMA Opens 2 Disaster Recovery Centers in Missouri
The Federal Emergency Management Agency is opening two disaster recovery centers in eastern Missouri to help those affected by recent Mississippi River flooding.
The ...
Iowa Gets Increase in Federal Disaster Assistance
President Bush is making additional federal disaster assistance available to Iowa to help with the deadly storms and flooding that have ravaged the state since late May. ...
Minnesota to Increase Holiday Drunk Driving Enforcement
Minnesota Law enforcement officers are promsing stepped up patrols during the Fourth of July weekend in an attempt to fight the usual rash of DWI-related crashes.
The ...
West Virginia Court Revives 2001 Flood Lawsuits Against Loggers
The West Virginia Supreme Court has revived a pair of lawsuits seeking damages from timber, mining and land companies for devastating 2001 floods.
The court reinstated a ...
Labor Talks Resume at West Virginia's Posh Greenbrier Resort
Contract negotiations have resumed between The Greenbrier and its unions with a meeting resort spokeswoman Lynn Swann called productive.
Representatives of the posh White ...
Pinnacle Acquires Beach & Gentry Insurance in Tennessee
Pinnacle Financial Partners Inc. has acquired Murfreesboro, Tenn.-based Beach & Gentry Insurance LLC. Terms were not disclosed.
The company said that Beach & Gentry will ...
Texas High Court Rules Contractor Not at Fault in Jail Death
The Texas Supreme Court has ruled that the descendents of a man who was found hanged with a telephone cord in a jail cell have no standing to recover damages from the ...
Texas High Court Throws Out Jury Award for Girls' Exorcism Injuries
The Texas Supreme Court threw out a jury award for injuries a 17-year-old girl suffered in an exorcism conducted by members of her old church, ruling that the case ...
Rush-Hour Wreck in Louisiana Blamed on Mobile Makeup Session
A rush-hour accident snarled traffic earlier this week on Louisiana Highway 21 in Covington, La., for about an hour as rescue workers extricated a woman from a car that flipped ...
California Aims to Implement Pay-As-You-Drive Insurance Regs
California's Department of Insurance as well as state legislators are considering bringing "pay-as-you-drive" automobile insurance to the state, a system in which automobile ...
San Francisco Denies Liability in Tiger Attack
Officials said San Francisco is not liable for the death of a San Jose, Calif., teenager who was attacked by an escaped tiger on Christmas Day at the San Francisco Zoo.
The ...
M.J. Hall and Co. Announces Market for Main Street Businesses in California
M.J. Hall announces a new market for main street businesses including packages and workers' compensation. Coverage is provided by an admitted "A" IX rated carrier in ...
EPIC Makes Five Appointments
Edgewood Partners Insurance Center, a California-based retail property and casualty benefits insurance brokerage, expanded its Orange County presence with the appointment of ...
Monarch E&S Names Kaufman COO
Monarch E&S Insurance Services promoted Mark Kaufman to the position of chief operating officer. The company said the position is commensurate with the duties he has been ...
Willis Wins U.S. Approval for HRH Acquisition
Willis Group Holdings Ltd , the No. 3 global insurance broker, won approval to buy rival Hilb Rogal & Hobbs Co, the Federal Trade Commission said Wednesday.
Willis valued ...
Lloyd's Dedicates Two Memorials to Honor War Dead
Lloyd's held a special service on July 2 to dedicate and unveil two new War Memorials commemorating Lloyd's associates who lost their lives during the First and Second World ...
OneBeacon Files $1 Billion Shelf Registration; S&P Assigns Ratings
The Bermuda-based OneBeacon Insurance Group announced that it has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (SEC). ...
Marsh Receives Qatar License
Marsh has been authorised by the Qatar Financial Centre (QFC) Regulatory Authority to provide a broad range of insurance broking and risk advisory services in Qatar.
Duncan ...
UK's Barbican Group to Use AIR's Cat Risk Management Systems
Boston-based AIR Worldwide Corporation (AIR) announced that Barbican Insurance Group has licensed its catastrophe risk management systems. Barbican trades as Lloyd's Syndicate ...
Ariel Re Makes Executive Appointments
Bermuda-based Ariel Reinsurance Company Ltd. has announced the following executive appointments:
-- George Rivaz has been named Chairman of Ariel Re. He will also continue in ...
ACE Europe Names Fox Development Manager for UK Regions
ACE Europe has announced the appointment of Ian Fox as Development Manager for the UK Regions. He will be responsible for managing and building ACE's broker relationships ...
Ratings: MS Frontier, PARIS RE RISC
A.M. Best Co. has assigned a financial strength rating of 'A' (Excellent) and an issuer credit rating of "a+" to Bermuda-based MS Frontier Reinsurance Ltd. (MS Frontier) with ...
Unitrin Specialty & Red Shield Insurance Company Form Marketing Venture
July 3 2008 - Unitrin Specialty and Red Shield Insurance Company announced today that the two companies have formed a marketing relationship that will benefit both company's ...
