With the prospect of rising insurance premiums, some of West Virginia’s 424 volunteer fire departments say they’re worried about staying in the black. That’s why Delegate Margaret Staggers, D-Fayette, wants the state to pick up the costs of the departments’ …
U.S. property/casualty insurers are expected to pay homeowners and businesses an estimated $3.35 billion for first-quarter property losses resulting from nine catastrophes. The nine events identified as catastrophes by the Property Claim Services (PCS) unit of Insurance Services Office include …
Catering to the growing demand for expanded aviation insurance and coverage for larger general aviation aircraft, Travelers Aviation reported that it is increasing its capacity to insure aircraft for hull coverage values up to $50 million. The new increase will …
Hurricanes often lift the roofs off buildings and expose them to havoc and damaging conditions, even after the worst of the wind has passed. A local roofer, Virginia Tech faculty members from architecture and engineering, and a graduate student have …
Rain moving into New Hampshire is dampening the fire danger but raising the threat of flooding. The National Weather Service has posted flood watches through Wednesday morning all counties except Hillsborough and Cheshire. One to three inches of rain is …
Hartford Financial Services Group Inc. said Monday that net income plunged more than 83 percent in the first quarter, in large part from losses on investments, including credit derivatives. On an operating basis, the insurer beat Wall Street expectations, but …
A Desert Hot Springs, Calif., resident was arrested for allegedly defrauding his insurance company of $26,000, the California Department of Insurance reported. Robert Andrew Nelson, 44, was arrested in Cathedral City, Calif., on April 28 on charges of filing a …
Independent insurance agency Alfred Interwest Insurance will represent Seattle-based PEMCO Insurance. The agency has been serving Washington’s Kitsap County and surrounding areas since 1980. Besides offering family coverage with home, auto, watercraft, RV, and life insurance, Alfred Interwest Insurance also …
California has a $1.6 trillion economy that ranks it as a global financial power, thanks in part to a multi-billion dollar boost from the insurance industry, according to a new report by the Insurance Information Network of California. In 2004, …
In a Florida Association of Insurance Agents commissioned survey, independent insurance agents ranked Old Dominion Insurance Co. as the top property-casualty carrier in the state. Jacksonville-based Old Dominion scored particularly high in three key 2008 survey categories: management approach, compensation …
