Japan’s vulnerability to natural disasters is increasing as skyscrapers mushroom in cities, shopping malls go underground and the population ages, a recent government report said. While earthquakes are a primary disaster concern, Japan has also suffered from increasingly abnormal weather …
More than a year after the state won a landmark lawsuit against former manufacturers of lead paint, the two sides remain at a gaping impasse over how the cleanup of contaminated properties in Rhode Island should be carried out. Some …
Standard & Poor’s Ratings Services’ 23rd annual insurance conference, – “In Pursuit Of Sustainable Earnings” – focused on the “highly profitable” 2006 results, and the current “softening reinsurance pricing cycle, future losses and loss ratios, and future financial health. A …
A passenger train and truck collided at a rail crossing in southern Australia Tuesday, killing at least eight people and injuring up to 50, police said. Authorities suggested the death toll could go higher since rescuers were still sifting through …
A rare tropical cyclone – the strongest since 1945, when record keeping began – is passing through the oil rich Persian Gulf region. At one point, while it was well out to sea in the Indian Ocean, TC Gonu packed …
To mark World Environment Day, the United Nations Environment Program has issued a new report – “Melting Ice-A Hot Topic?” – that outlines the possible dire consequences for millions, perhaps billions of people as the world’s Arctic ice packs, permafrost …
The leaders of more than 20 of the world’s largest companies – many from the insurance industry* – have signed a “Declaration on Climate Change by the Financial Services Sector.” The document, published by the United Nations Environment Program (UNEP) …
HIPUtah announced it is offering a one-time $50 referral fee to producers, who help an individual make application to enroll into the HIPUtah program. There is a new section on the HIPUtah application that must be completed for Producers to …
Washington’s Office of the Insurance Commissioner has approved the sale of three Bellevue, Wash.-based property and casualty insurance companies to an Austrailian holding company. Officials said Unigard Insurance Co., Unigard Indemnity Co., and Unigard Pacific Insurance Co., will continue operations …
Insurance regulators took action on a proposal to adopt standards on insurance receivership and financial reporting for accreditation, despite some states’ concerns at the recent National Association of Insurance Commissioners summer meeting in San Francisco. On Saturday, members of the …
