Nearly half of California hospital buildings in danger of collapsing during a major earthquake will not meet a state deadline for safety improvements, according to a new study. Tough standards passed after the deadly 1994 Northridge earthquake in Southern California …
Great American Insurance Group has a new insurance program that features property and liability coverages for education organizations that its Specialty Human Services Division will market in Pennsylvania exclusively through The Lindsay Insurance Group. According to the insurer, this program …
The American Association of Insurance Services (AAIS) is introducing loss costs for pricing terrorism coverage in its Commercial Properties Program. A countrywide manual supplement filing, now underway, will substitute the new loss costs, based on modeled data, for rating factors …
Oregon’s Construction Claims Task Force has released a report noting 11 recommendations to help protect homeowners from construction defects and ensure affordable liability insurance for contractors. Highlights of the recommendations include: -Changing building code requirements to prevent moisture intrusion; -Strengthening …
Honda Motor Co. is recalling 81,000 2004-2005 Accord sedans because of issues that could cause an air bag-related sensor to fail, the company said. Honda said in a Jan. 9 letter to the government that the wiring harness for the …
The Hon. Tommy G. Thompson, former governor of Wisconsin and U.S. Secretary of Health and Human Services, has accepted an invitation to be the keynote speaker at an annual executive conference sponsored by the American Association of Insurance Services (AAIS). …
William J. Mullaney has been named president of MetLife’s Institutional Business segment. Mullaney succeeds Leland C. Launer, Jr., who has decided to leave MetLife to pursue other opportunities. Mullaney most recently served as president of MetLife Auto & Home, the …
The Ohio Bureau of Workers’ Compensation (BWC) announced today that a Cleveland woman pleaded guilty to a felony count of workers’ compensation fraud. Carolyn Burten, also known as Carolyn Cook, pleaded guilty in Cuyahoga County Common Pleas Court to a …
Laboring to comply with Gov. Charlie Crist’s call for lowering Florida insurance costs by at least 25 percent during a quick, seven-day special session, both the House and Senate have passed bills promising to do just that and more. In …
Arthur J. Gallagher & Co. announced that its Board of Directors declared a quarterly cash dividend on the company’s common stock of $.31 per share payable on April 13, 2007 to shareholders of record as of March 30, 2007. Gallagher …
