February 27, 2008
Several firefighters were treated for smoke inhalation, but no other injuries were reported as fires whipped by fierce winds charred thousands of acres of Oklahoma grassland and destroyed buildings and vehicles. At least two of the fires occurred in neighboring …
February 27, 2008
Today marks a significant anniversary in the history of insurance: 110 years since the first auto insurance policy. That policy was sold in 1898 by Traveler’s Insurance Co. to Dr. Truman Martin of Buffalo, N.Y., according to the U.S. Census …
February 27, 2008
Firefighters across West and Central Texas continued to battle wildfires Tuesday that burned at least 200,000 acres, injured several people and forced the temporary evacuation of the 1,500 residents of Robert Lee, Texas, an official with the Texas Forest Service …
February 27, 2008
Chattanooga, Tenn. Fire Marshall, Craig Haney, said the night club where a deck collapsed and injured at least 25 people never had a permit for any upstairs renovations. Police said that about 100 people were standing on a wooden deck …
February 27, 2008
California-based C.V. Starr & Co., a subsidiary of C.V. Starr & Co., Inc., and Allied World Assurance Co. (U.S.) Inc. and Allied World National Assurance Co. have entered into a program agreement whereby C.V. Starr & Co. will offer management …
February 27, 2008
Vandals caused about $13,000 in damage to a Louisville, Ky., school and closed classes while crews cleaned up the mess. Louisville police say students at DeSales High School stayed home Monday after vandals sprayed fire extinguishers throughout the school, wrecked …
February 27, 2008
Louisiana Commissioner of Insurance Jim Donelon appointed Caroline Brock as deputy commissioner of financial solvency for the Louisiana Department of Insurance. Brock replaces Denise Brignac who was recently appointed chief deputy commissioner of insurance. Brock, a Certified Financial Examiner, has …
February 27, 2008
March 24, 2008, is the last day that the Oregon Insurance Division is accepting public comment on its proposed rulemaking to implement 2007 legislation related to workers’ compensation insurance. The proposed amendments will incorporate the National Council on Compensation Insurance …
February 27, 2008
Marsh announced the appointment of Neil Greaves as Leader of its Forensic Accounting and Claims Services (FACS) Practice in the UK, based in London. He will “drive the development of FACS’s UK business portfolio, providing a full range of claims …
February 27, 2008
Standard & Poor’s Ratings Services has issued another bulletin, following yesterday’s rating announcements (See IJ web site – https://www.insurancejournal.com/news/international/2008/02/26/87635.htm), on the securitization ratings of a number of European monoline bond insurers. S&P said it has “lowered to ‘A’ from ‘AA’ …