$1.5 Billion The Texas Windstorm Insurance Association is asking the Texas Department of Insurance for the go-ahead to purchase $1.5 billion in catastrophe reinsurance coverage over a retention of $600 million. TWIA is aiming to build up protection for $2.3 …
A U.S. House of Representatives committee is planning a review of the Occupational Safety and Health Administration as a result of recent construction deaths in Las Vegas and other major cities. Rep. Lynn Woolsey, D-Calif., said a workforce protection subcommittee …
“If you give me weed, whites and wine And you show me a sign I’ll be willin’ to be movin’” Those lyrics, from Lowell George’s song “Willin’” — recorded by Little Feat and Linda Ronstadt, among others — likely were …
Tennessee drivers who ignore flood warning signs or barricades could be charged with reckless driving under a bill headed to the governor for his consideration. The legislation, which unanimously passed the Tennessee Senate last month, would also prohibit lawsuits by …
A federal draft report on the mistakes made in the fire at a Charleston, S.C. furniture store that led to the deaths of nine firefighters has renewed calls for the city’s fire chief to step down. But the mayor maintains …
The Defense Base Act sets forth the benefits due private sector employees injured while working overseas As the need for U.S. government foreign-based support personnel increases, so does the need for workers’ compensation coverage for contractors involved in U.S. funded …
Judge in Awe “I have never experienced anything like these 124 cases in my 15 years on the bench. These cases have generated a tremendous amount of publicity, both in West Virginia and nationally. These are not run-of-the-mill lawsuits, like …
AmWINS, Beacon Risk Strategies Charlotte, N.C.-based AmWINS Group Inc. acquired Beacon Risk Strategies, a Seattle-based managing general underwriter of excess-loss benefits insurance. Terms of the transaction were not disclosed. Founded in 1999, Beacon Risk Strategies provides stop-loss products to protect …
Property owners in Florida who had policies with the now-bankrupt Poe Financial Group did not receive sufficient notice of a June deadline to dispute claims in court, lawyers argued April 30 after filing a class-action lawsuit. The suit names Florida …
Studying balloons’ payload could be first step toward programming Doppler radar to recognize tornado debris Three hot-air balloons dropped asphalt shingles, lumber, sticks, leaves and pine needles onto a north Alabama landfill, so scientists at the University of Alabama in …
