February 10, 2008
The NRF is written around what DHS labels five core principles: Engaged partnerships at all levels of government and across public and private sectors Tiered response whereby local communities, tribes and states have the primary responsibility for the safety of …
February 10, 2008
Connecticut officials “badly botched” a 2001 deal to privatize hundreds of workers compensation claims by state employees, Attorney General Richard Blumenthal has alleged following a multi-year investigation that faults both the consultant who advised the state on the deal and …
February 10, 2008
It’s human nature to complain, even if it is to complain about complaints. But there actually is good news in complaints. Industrywide, they’re down. They can be revealing of trends and troubles ahead. Good can come of them, whether it’s …
February 10, 2008
Over the next several months, DHS is going to conduct outreach training across the country because, in the words of DHS Secretary Chertoff, “the NRF does not come to be born in one fell swoop. It’s a birthing process that …
February 10, 2008
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. Collector Vehicles Nuts & Bolts: Markel American Insurance Co. has introduced a collector vehicle insurance …
February 10, 2008
The Virginia Senate has passed its bill to repeal high fees on bad drivers by resolving a partisan impasse over how to rebate fees courts already imposed. The 39-0 vote marks the first passage by the House or the Senate …
February 10, 2008
Berkshire Hathaway, Swiss Re Berkshire Hathaway has acquired a 3 percent stake in Swiss Re. Swiss Re has also entered into a reinsurance contract with Berkshire Hathaway which will give it a share of Swiss Re’s property/casualty business. Swiss Re …
February 10, 2008
A decision by a Pennsylvania court could have far-ranging implications on what happens to an insurance agency’s book of business if a carrier terminates its contract. The decision, rendered by Judge Bonnie Brigance Leadbetter, could codify the process of how …
February 10, 2008
Former Ace Ltd. CEO and Chairman Brian Duperreault has stepped down from the Bermuda-based insurer to assume to role of president and CEO of Marsh & McLennan Companies Inc. Duperreault replaces Michael Cherkasky, who had been president and CEO since …
February 10, 2008
New York State agents and insurers praised the passage late last month of a key workers compensation reform that will move the state to a loss-costs basis for rates. Under the proposed loss cost system, aggregate industry-wide costs and expenses …