The Pacific coast states of Alaska, California, Hawaii, Oregon and Washington, as well as Puerto Rico and the U.S. Virgin Islands in the Caribbean Sea, face the greatest tsunami hazard, but West Coast states could see the funding to prepare …
Marketing fraud scheme results in 560 arrests; $1 billion in losses More than 560 people have been arrested in an international investigation of mass-marketing fraud schemes that have victimized more than 2.8 million people, the U.S. Justice Department said. Losses …
At the Big “I” National Legislative Conference and Convention, panelists differed over a federal natural disaster backstop: “Allstate supports state pools that aren’t taxpayer funded but are put together by organizations whose welfare depends on good real estate markets,” said …
Seattle-based Safeco plans to move its corporate headquarters to 1001 Fourth Avenue Plaza and its Northwest region office to the Second and Seneca building, both in downtown Seattle. Safeco entered a lease for approximately 284,000 square feet at 1001 Fourth …
While insurance agents and brokers probably know employment practices liability should not be taken lightly, they might not be aware of new coverage issues and trends, according to Patricia Carlson of the Insurance Skills Center. Approximately 550 employment lawsuits are …
California’s State Compensation Insurance Fund filed its sixth consecutive rate reduction, reflecting an average collectible premium decrease of 10 percent on new and renewal workers’ compensation policies with an effective date on or after July 1, 2006. The filing also …
The next time a wildfire closes in on a Denver mountain home, there’s no guarantee a crew of firefighters will line up to defend it. A system of mapping and computer software, developed since the disastrous 2002 fire season, is …
Outdoor Sporting Program Nuts & Bolts: Markel’s Outdoors is a niche program for guide and outfitting professionals, private sporting clubs and hunting/fishing lodges. Marketed through select retail insurance agents, the program is available on a licensed and admitted basis in …
Tort reforms are the best proven instrument for reducing medical liability insurance premium growth, according to a new study conducted by Stanford University Professor Daniel P. Kessler, who also serves as a research associate for the National Bureau of Economic …
The National Oceanic and Atmospheric Administration wants to provide funding for the majority of states in the nation to prepare for catastrophic tsunamis. That seems like a sound plan, but is it watertight? A recent report by the Government Accountability …
