The nation’s coal operators have six months to submit plans for complying with new federal requirements covering stronger seals and increased monitoring to ward off explosions in underground coal mines. The changes stem from a Jan. 2, 2006, methane gas …
An audit shows Baldwin County, Ala. officials may have to return nearly $10.5 million in federal hurricane reimbursements dating back nearly four years. The results of the audit by the federal Office of Inspector General were presented to county officials …
That little Dutch boy from the flooding fable has nothing on Lee Jones and the crew at J.M. Jones Lumber Co. in Natchez, Miss. Forget fingers. Jones, his sons and their employees have been using 1,000-pound sandbags to plug holes …
Fire has destroyed the warehouse of the former Imperial Tobacco Co., which covered two city blocks in downtown Greenville, N.C. The Daily Reflector of Greenville reported that the fire’s cause was unknown, although officials called it suspicious. Greenville attorney Tom …
National wholesale insurance broker AmWINS Group, Inc. announced that James Drinkwater has been named president of its AmWINS Brokerage division effective immediately. In this role, Drinkwater will be responsible for the day-to-day management of the division, which is focused on …
The earthquake that struck the Midwest today should serve as a reminder to many Mississippians that they too are at risk for earthquake damage. Mississippi Commissioner of Insurance Mike Chaney urges all Mississippians to check their homeowner policy for earthquake …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Ironshore Insurance Ltd. and Ironshore Reinsurance Ltd. (both of Bermuda). Best also affirmed the ICR of “bbb-” of Ironshore’s …
A.M. Best Co. has assigned a financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings of “a-” to Indemnity Insurance of DC Group (IIDC) and its members, all with stable outlooks. These ratings also apply to Indemnity Insurance Corporation …
After more than five hours of testimony and deliberation on Colorado House Bill 1389, the House Business Affairs and Labor Committee has amended a controversial bill that insurance associations said would have imposed a prior approval regulatory system on insurance. …
A key Congressman involved in insurance regulation issues says that Washington does not have the knowledge of the insurance industry it needs to regulate the business and he has proposed a new federal insurance information office to remedy the situation. …
