A Brigham Young University professor feels the more people know about natural disasters, the more likely they are to survive them. Whether it’s earthquakes, hurricanes or tsunamis, professor Ron Harris says a little knowledge can help people anticipate what is …
An Arizona appellate court ruling says a state law on medical malpractice lawsuits is unconstitutional. At issue is a law that sets qualifications required for expert witnesses in medical malpractice cases. A three-judge panel of the state Court of Appeals …
A firestorm of confusion and comment was created by a June 3, 2008, InsuranceJournal.com exclusive report detailing a recent Maryland Court of Appeals ruling regarding a condominium associations’ requirement to pay for property damage confined to one unit. Two previously …
France’s AXA Group announced that it has completed the acquisition of 36.7 percent of the share capital of RESO GARANTIA, Russia’s second largest P&C insurer. The transaction, which was announced on December 21, 2007, closed on June 17, 2008 (See …
Bermuda’s RenaissanceRe Holdings Ltd. marked the start of the 2008 hurricane season by holding a seminar, the first ever “Hurricane Risk Mitigation Leadership Forum”, which announced some key findings on how to improve conditions to lessen the impact of the …
Spanish retail bank Santander is considering buying Dresdner Bank in the latest twist of Germany’s bank merger frenzy, according to people with direct knowledge of the matter. The German banking industry is the throes of talks that could result in …
Crump Insurance Services named Michal Walter associate broker for the transportation department in Bothell, Wash. He will be responsible for quoting, binding, and servicing renewals and new accounts; developing relationships with various agents and markets; and assisting team members and …
California’s Senate Banking, Finance and Insurance Committee approved two bills — one allowing insurance cmpanies to require spyware to be installed in vehicles, and the other clarifying the duties of an agent versus those of a broker. AB 2956 would …
California Insurance Commissioner Steve Poizner announced that he has dispatched California Department of Insurance investigators to the Humboldt and Ophir Fire zones to provide assistance to fire survivors as they face the task of recovery. “As fire survivors begin to …
New Mexico’s Workers’ Compensation Administration shut down a Las Cruces business, alleging it was not complying with requirements to pay workers’ compensation insurance. Agency workers, accompanied by Dona Ana County sheriff’s deputies, closed and locked Affordable Southwestern Doors. The agency …
