May 13, 2008
Oklahomans who were overcharged for hotel rooms during the December 2007 ice storms will receive free rooms or refunds after Attorney General Drew Edmondson settled a price gouging case against LaQuinta Inns. The AG’s office said an investigation found that …
May 13, 2008
First American Spatial Solutions launched its new U.S. flood catastrophe model, a key component of its suite of advanced flood risk solutions, which includes geospatial analytics, basic flood data, flood risk scoring and near real-time monitoring of actual flood conditions. …
May 13, 2008
A moldy house has been a headache for a central Ohio family and a $3 million liability for the homebuilder. A Franklin County judge has awarded Roman and Jennifer Costner $3 million for their three-year-saga. Last week, another judge says …
May 13, 2008
As the town of Picher, Okla., begins to climb out of the wreckage of the deadly tornado that swept across Southeastern Oklahoma and into Missouri and beyond over the May 10 weekend, some are predicting that the town may not …
May 13, 2008
Florida-based Privilege Underwriters Reciprocal Exchange expanded into South Carolina, according to its president and chief executive officer. PURE CEO Ross Buchmueller said the program is dedicated exclusively to serving the owners of high-value homes insured for more than $1 million. …
May 13, 2008
Some Iowa cities have earlthquake coverage so it was not that surprising that city leaders in Johnston are considering earthquake insurance in the wake of two tremors this spring in Illinois and Missouri. City Finance Director Theresa Rotschafer says earthquake …
May 13, 2008
Maurice “Hank” Greenberg, former chief executive of American International Group, has said the insurer is in “crisis” and urged a delay in its annual general meeting scheduled for Wednesday, according to a letter he sent to the board. But AIG …
May 13, 2008
When Jenny and John Crowley learned they were having a baby, they did the responsible thing: they bought life insurance. Barely in their 30s, they passed the insurance company’s physicals, applied for a $500,000 policy for Jenny and a $1 …
May 13, 2008
The leader of a House of Representatives committee said it plans to review a federal agency in charge of ensuring workplace safety this summer after recent construction deaths in Las Vegas and other major cities. Rep. Lynn Woolsey, D-Calif., said …
May 13, 2008
An Aon Corp. analysis of liability in the long term care industry found for the first time in nine years of reporting that liability costs are stable on a national average basis. The study found that average general liability and …