The threat of the bird flu virus mutating into a strain capable of causing a pandemic intensifies amidst a growing number of outbreaks and human cases in different parts of the world. Since 2003, a total of 168 people have …
The International Labour Organization announced the availability of a new book, Protecting the poor: A microinsurance compendium, published with Munich Re Foundation for the CGAP Working Group on Microinsurance. Based on in-depth analysis of 40 microinsurance schemes around the world, …
Risk Management Solutions (RMS) announced the preliminary results of a study analyzing the impacts of the 1679 Sanhe-Pinggu Earthquake based on the 2007 population and property exposures of the Beijing, China area. The largest historical earthquake in the vicinity of …
A proposal for a national disaster plan to backup private hurricane and flood insurance markets appears to be gaining momentum in Washington. This week, Rep. Barney Frank, D-Mass., chairman of the House Financial Services Committee, expressed his support for a …
Insurance Director Scott Richardson and staff from the South Carolina Department of Insurance will meet with residents of the Greater Myrtle Beach area to discuss coastal insurance issues. On March 22, 2007 from 5:30-7:00 p.m. at the Myrtle Beach High …
Grange Insurance recently announced that it has realigned its personal lines division by naming two regional personal lines presidents. Barry Hunlock has been named regional personal lines president for Illinois, Michigan, Ohio, South Carolina, Virginia and Pennsylvania. He will also …
Led by Sen. Bill Posey, R- Rockledge, the Florida Senate Banking and Insurance Committee unanimously approved Senate Bill 1884, which expands the Office of the Insurance Consumer Advocate. “This bill puts consumers on more equal footing with insurance companies and …
A missing compact disc containing unprotected personal data for 75,000 Empire Blue Cross Blue Shield members was recovered four days after the insurer began warning customers about potential privacy violations. The disc, which had been missing since January, was found …
A divided state House voted to pass a bill that would change who is able to sue and collect damages under Michigan’s automobile insurance laws. The legislation, HB 4301, passed the Democratic-controlled House on this week by a 58-51 vote, …
Mississippi lawmakers have agreed upon a plan to use $20 million in premium taxes on policies statewide to help lower premiums for property owners in high-risk areas who are insured by the state’s wind pool. The plan hashed out between …
