The World Economic Forum has published a report on the state of the global economy in advance of its annual meeting, scheduled to be held in the Swiss resort of Davos January 23 to 27. The Forum’s “Global Risk Report …
West Virginia will make good on a promise to open a new Capitol cafeteria on the first full day of this year’s legislative session. The former cafeteria was closed in October 2006 after health inspectors found roaches, filthy equipment, toxic …
California Gov. Arnold Schwarzenegger is expected to propose a 1.25 percent tax on homeowners and business property insurance policies when he unveils his state budget today. “The expected proposal will unfairly force California consumers to fill Sacramento’s budget gap, while …
Senate President Ken Pruitt, R-Port St. Lucie, today appointed the Senate Select Committee on Property Insurance Accountability. The Committee will be co-chaired by Sen. Jeff Atwater, R- North Palm Beach, and Senate Democratic Leader Steve Geller, D- Hallandale Beach. The …
Building inspectors planned to go door to door this week to assess damage from the flood caused by a break in a century-old irrigation canal, as homeowners face uncertainty over who will help them pay for repairs. Only one homeowner …
Putting itself in the skates of an 8-year-old, the Utah Supreme Court reinstated a lawsuit Tuesday filed by a woman whose son was smacked in the head with a hockey stick while teasing another player. A key issue: Did Daniel, …
Mark Ruggles has been named president of Venbrook Insurance Services, a subsidiary of Venbrook Group LLC, headquartered in Woodland Hills, Calif. Most recently, Ruggles served as executive vice president at Brown & Brown, dba CalSurance. He will oversee all sales …
Catastrophe risk modeling firm Air Worldwide estimates insured losses from the recent west coast winter storm that occrred January 4-8 could reach as high as $600 million, with the vast majority of those losses in California. The estimate reflects losses …
A.M. Best Co. has assigned indicative ratings of “bbb” on senior debt, “bbb-” on subordinated debt and “bb+” on preferred stock to Bermuda-based Allied World Assurance Company Holdings, Ltd’s recently filed universal shelf registration. The outlook for all ratings is …
California’s State Compensation Insurance Fund announced it will extend credit to policyholders who have suffered a financial loss or business disruption caused by recent wind and rainstorms that struck the counties of Butte, Glenn, Kings, Marin, Placer, San Francisco, San …
