At the request of Gov. Ed Rendell, New York City has agreed to release more water from its reservoirs in the Catskills in an effort to reduce the danger of flooding in communities downstream along the Delaware River. Flood-battered residents, …
Republican Sen. Mel Martinez of Florida is in a position to help move along a bill that could lower property insurance rates in disaster-prone states, but hasn’t been aggressive enough in doing so, said the two Democratic House members sponsoring …
Lloyd’s has received approval from the Superintendence of Private Insurance (SUSEP) to become the first admitted reinsurer in Brazil. Lloyd’s announced that it had applied for the license in February (See IJ web site – https://www.insurancejournal.com/news/international/2008/02/14/87332.htm). Going into the Brazilian …
The ABI (Association of British Insurers) has appointed Paul Mortlock to join its busy tax team, with particular focus on corporate tax and financial services products. He will cover corporate tax issues, tax policy and add “strategic input into a …
The early morning earthquake that struck Market Rasen in Lincolnshire recently was literally a wake-up call for many people. (See IJ web site – https://www.insurancejournal.com/news/international/2008/02/28/87725.htm). With likely insured losses of between £15 million and £30 million, the magnitude 5.2 ‘quake …
U.S. President George W. Bush’s plan to halt a rise in U.S. greenhouse gas emissions by 2025 could undermine, rather than support, efforts to combat climate change, German Environment Minister Sigmar Gabriel said. “Gabriel criticizes Bush’s Neanderthal speech” was the …
Weather forecasters in China warned that Typhoon Neoguri could hit southern Hainan Island as early as this afternoon, Friday April 18. China’s meteorological observatory said Thursday that strong winds and rain will accompany the typhoon, and urged ships and boats …
More than 2,500 delegates from around the world gathered in commemoration of San Francisco’s 1906 earthquake at the 100th Anniversary Earthquake Conference — the largest earthquake conference ever held — in San Francisco this week. There, earthquake professionals and policymakers …
An appeals court has ruled that the fees the state of Hawaii charged insurance companies were unconstitutional and amounted to an illegal tax. That’s because the assessments were in excess of the “cost of the services rendered” and used to …
W.R. Grace is asking the U.S. Supreme Court to review pretrial rulings in the government’s case charging the company with trying to hide health risks associated with its vermiculite mine in Libby, Mont. The chemical manufacturer filed a petition asking …
