Bermuda’s Everest Re Group, Ltd. announced that its wholly-owned subsidiary, Everest Reinsurance Holdings, Inc., has completed a public offering of $400 million of fixed to floating rate long term subordinated notes due 2067, pursuant to its currently effective shelf registration …
ACE European Group announced from its London office that its Commercial Premises Pollution Liability (PPL) product is available online via its fully automated e-commerce platform – ACE Online. ACE said it is “the first in the market to offer brokers …
Mississippi Insurance Commissioner George Dale has asked a judge to let him run for re-election as an independent. Attorneys for the state are questioning whether the judge appointed to hear the candidacy challenge has the authority to do that since …
New Jersey Gov. Jon S. Corzine will forgo his state health insurance and spend hundreds of thousands of his own money to pay for his medical care from a serious car accident, a spokesman said last Friday. The spokesman for …
A Kentucky-Tennessee consortium advanced efforts to attract the proposed federal National Bio and Agro-Defense Facility to Pulaski County, Ky., meeting with a delegation of U. S. Department of Homeland Security and U. S. Department of Agriculture officials. Kentucky Fifth District …
Kentucky storms that caused flooding, mudslides, power outages, damages to public and private property and road closures prompted Gov. Ernie Fletcher to declare a state of emergency. The severe weather which spread across Eastern Kentucky on April 14, affected property …
Gov. Sonny Perdue said additional federal funds were authorized to assist in fighting the “Kneeknocker Fire” that has flared up again in Georgia’s Brantley County, just outside the city limits of Nahunta. The funds were requested by the Georgia Emergency …
Florida Insurance Commissioner Kevin McCarty urged Floridians to purchase flood insurance to protect their homes. McCarty’s warning comes in anticipation of the 2007 hurricane season which officially begins June 1. The Commissioner also wants Floridians to be aware that there …
New York State Insurance Department personnel have been deployed at multiple locations in Westchester County to assist residents of communities struck by severe flooding. Department personnel will be available to answer inquiries regarding insurance policies and coverage, as well as …
The Republicans who control the Florida Legislature swore they would solve the property tax imbroglio before the 2007 session ends May 4, but their competing bills remain unresolved along with several other bills of importance. The state’s $70 billion budget …
