March 22, 2006
Risk Management Solutions, a provider of products and services for the management of natural hazard risk, said recently that its independent risk analysis of securitized collateral has enabled Hartford Fire Insurance Company to purchase reinsurance cover supported by the issuance …
March 22, 2006
A college student was spending her spring break cleaning out hurricane-damaged homes in New Orleans when she discovered some unusual papers among the moldy plasterboard and debris, the Associated Press reported. “I started raking it out of the air conditioner …
March 22, 2006
Volunteers clearing debris from a flooded New Orleans’ Ninth Ward grammar school had state officials in a frenzy as thousands of dollars in storm damage was being tossed to the curb before insurance adjusters or federal officials had documented it. …
March 22, 2006
Arkansas legislators say they would like to see an expansion of a program that offers health coverage to uninsured workers. Arkansas’ chief health officer, Joe Thompson, outlined the Arkansas Safety Net Benefit Program for a legislative panel March 20. Thompson …
March 22, 2006
As part of its mission to help employers and employees maintain safe workplaces and prevent occupational injuries and illnesses, the Texas Department of Insurance Division of Workers’ Compensation will host the 10th Annual Health and Safety Conference, the Texas Safety …
March 22, 2006
Privately owned insurance and risk management firm McQueary Henry Bowles Troy L.L.P., based in Dallas, announced that Patrick Arthur, partner, recently received two prestigious awards: MHBT 2005 Producer of the Year for his contribution to the company’s growth and cultural …
March 22, 2006
The Indiana Supreme Court refused to hear Conseco Inc. founder Stephen Hilbert’s appeal of a judge’s order that he repay the insurance company more than $80 million in stock loans. The refusal clears the way for Conseco to sell Hilbert’s …
March 22, 2006
Chicago-based the Urban Insurance Partners Institute said it has passed another milestone in its pioneering study to develop a new underwriting methodology for assessing risk in the rapidly growing underbanked urban and multicultural markets. The current study seeks to develop …
March 22, 2006
Owners of vacation and second homes would be slapped with a 25 percent surcharge on policies obtained from the state’s insurer of last resort under a proposal unveiled by a Senate committee chairman. That’s one of many ideas that Banking …
March 22, 2006
The northeast U.S. coast could be the target of a major hurricane, perhaps as early as this season, according to the AccuWeather.com Hurricane Center. The weather experts say this year could bring the Northeast a storm like the 1938 hurricane …