September 27, 2006
New York City has agreed to periodically lower the water level in three of its upstate reservoirs in an attempt to ease flooding along the Delaware River, according to environmental officials. By leaving the reservoirs below capacity during wet weather, …
September 26, 2006
The National Council on Compensation Insurance filed a proposed 13.3 percent decrease in Florida workers compensation rates that will face a public hearing next month in Tallahassee. According to the Florida Office of Insurance Regulation, the proposed average statewide rate …
September 26, 2006
Itasca, Ill.-based Arthur J. Gallagher & Co. today announced the acquisition of The Rains Group, Inc. of Bingham Farms, Mich. Terms of the transaction were not disclosed. Founded in 1996, The Rains Group offers a full range of employee benefits …
September 26, 2006
A new federal government report concludes that a totally private market solution to insuring against certain terrorist attacks is unlikely in the near future. The report covers the risk of nuclear, biological, chemical or radiological (NBCR) attacks only and does …
September 26, 2006
Michigan Attorney General Mike Cox recently announced that the Environmental Protection Agency (EPA) has been ordered by the United States District Court, Northern District of California, to regulate ballast water discharges within two years. Cox, along with five other Attorneys …
September 26, 2006
The Board of Directors of the Western Insurance Agents Association announced that Ken Nigohosian has joined its management team. Nigohosian brings more than a quarter of a century of insurance industry experience to the WIAA Group, most recently serving as …
September 26, 2006
Hawaii’s Department of Commerce and Consumer Affairs’ Insurance Division has created a new website: www.hurricaneretrofits.hawaii.gov, which details the State’s Loss Mitigation Grant Program for Hawaii homeowners. Hawaii homeowners who install hurricane retrofits in accordance with the grant program guidelines may …
September 26, 2006
Citizens Property Insurance Corp. announced the resignation of President and Executive Director Robert L. Ricker effective November 1, 2006. Ricker led Citizens for the past three years and tendered his voluntary resignation at a Tuesday morning meeting of the Citizens …
September 26, 2006
Lewis and Clark LTC Risk Retention Group, Inc. has earned a Financial Stability Rating® (FSR) of “A,” exceptional, from Ohio-based Demotech, Inc. This level of FSR is assigned to insurers who possess an exceptional ability to maintain a positive surplus …
September 26, 2006
Spinach grown outside California’s Salinas Valley got the all-clear from U.S. health officials, but it could be days before the leafy green returns to store shelves. An ongoing outbreak of E. coli linked to spinach has sickened 166 people in …