The House Capital Markets Subcommittee [wants] to learn about the causes and effects of recent bond insurer ratings downgrades. We will, in particular, focus on the spillover effects for municipalities and the financial services industry. Bond insurance represents a microscopic …
The sharpest debate so far over paying victims of the Interstate 35W bridge collapse broke out recently as a House panel unanimously backed a compensation fund and sent it on for more hearings. With survivors listening in the hearing room, …
166 The Minnesota Department of Public Safety announced recently that 166 people were killed in alcohol-related crashes in Minnesota in 2006, the lowest death total on record. However, the department says a record-high 41,951 motorists were arrested for impaired driving. …
A tornado wiped out 95 percent of Greensburg. Hail storms rattled the south-central part of the state, damaging roofs. An ice storm crippled the state. With all the large-scale weather events to hit Kansas last year, it would seem likely …
Bicyclists would have a hard time collecting damages from counties or cities in Iowa under a plan up for consideration by state legislators. The proposal by the Iowa State Association of Counties would protect cities and counties from liability for …
When Michigan officials recently reinterpreted state law to stop nonresidents from getting driver’s licenses, critics said it had an unintended consequence. The crackdown, intended to target illegal immigrants, also affected legal immigrants who are not permanent residents, including employees from …
Burns & Wilcox announced that Jeffrey Brown has joined the company’s Farmington, Mich., office as a broker. Brown will be responsible for placing business for large complex risks, including large property, and aircraft and automotive products. Brown has more than …
Big Brother is Watching “To me, it’s just a Big Brother thing …no smoking has become like Prohibition was, and nobody seems to be ostracized or outlawed for taking away people’s rights for this particular subject. It’s the bandwagon effect, …
Meadowbrook, U.S. Specialty Underwriters Southfield, Mich-based Meadowbrook Insurance Group Inc. announced it terminated the management agreement associated with its acquisition of the business of U.S. Specialty Underwriters Inc. (USSU). In April 2007, the company entered into an agreement to acquire …
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. EPLI Quick Indication Nuts & Bolts: Travis-Pedersen and Associates of Arizona has the ability to …
