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 helping …
U.S. commercial real estate (CRE) values in coastal areas, and in particular smaller multifamily properties, may suffer as insurance companies reduce loss exposure to hurricane-prone areas by increasing premiums, raising deductibles, dropping coverage amounts and even dropping coverage altogether following …
There were big gains this year in the number of Rhode Island homeowners with flood insurance, but the state still has one of the lowest rates in the country of participation in a federal flood insurance program, according to a …
The Delaware Supreme Court last week upheld a lower court ruling that directors of the Walt Disney Co. did not violate their fiduciary duties in the hiring and firing of former Hollywood superagent Michael Ovitz. In affirming a 174-page ruling …
Working through the National Association of Insurance Commissioners (NAIC), state insurance regulators are making progress in developing new examination standards addressing marketing and sales practices for title, life and annuity products. “The Market Regulation Handbook Working Group is committed to …
Las Vegas, NV – The principals of Summit Insurance Services and HDR Insurance Services have formed a joint venture, Pinnacle Insurance Program Managers, Inc., effective June 1st 2006. Pinnacle’s business mission is to develop unique products and programs providing a …
Los Angeles police are investigating the traffic death of a third man linked to a pair of elderly women accused of taking out insurance policies on two transients who later died in hit-and-run crashes. The latest suspicions arose when investigators …
Benfield Corporate Risk, acorporate insurance and risk intermediary has appointed Edward Page-Turner, a cargo insurance specialist, to strengthen its capabilities in the marine sector. Before joining Benfield Corporate Risk, Page-Turner was territorial leader for Latin America and the Far East …
Ohio-based Hylant Group has hired Nathan Cherry as client executive in the company’s Financial Services area. Cherry will join the investment team of Paul Abendroth and John Ostrosky to enhance the wealth management strategies the team currently offers, a company …
Harvey Insurance Group has promoted Michael Coffey to Senior Client Advisor. In this position, Coffey is responsible for building and maintaining business relationships with mid- to large-size commercial accounts. Coffey joined Harvey Insurance Group in April 2005 as a producer …
