July 23, 2008
Abram Interstate Insurance Services Inc. in Rocklin, Calif., is offering a new program for general contractors. Custom tailored coverage for residential and commercial projects is available. ACORD 125, 126, and contractor’s supplement are required for a quotation. Occurrence form is …
July 23, 2008
Insurance agents and brokers in New York have called upon state officials to ease the rules for how agents obtain coverage for some high-risk policies. The Excess Line Association of New York has proposed adding dozens of new policy-types – …
July 23, 2008
Florida Insurance Commissioner Kevin McCarty welcomed the First District Court of Appeal’s decision affirming the Office of Insurance Regulation’s denial of United Insurance Company of America’s request to include a mandatory arbitration clause in its life insurance contracts. Arbitration would …
July 23, 2008
Georgia Insurance and Safety Fire Commission launched an improved and redesigned version of its Web site, making it more navigable and user friendly, said Insurance Commissioner John W. Oxendine. Consumers can find information on a variety of insurance topics, e-mail …
July 23, 2008
The plaintiffs who won a nearly $400 million verdict against DuPont say West Virginia Gov. Joe Manchin and that state’s Medical Association should butt out of the appeal. DuPont lost a lawsuit over its handling of pollution and health threats …
July 23, 2008
Insurance companies say a major hurricane could lead them to pass billions of dollars in charges to homeowners across North Carolina because a state-created coastal insurance plan is underfunded. The News & Observer of Raleigh reports that North Carolina’s Beach …
July 23, 2008
The discovery of mold in federally provided mobile homes sheltering Indiana and Iowa flood victims has prompted new anger and frustrations for those who have lost their houses. The Federal Emergency Management Agency (FEMA) has notified those residing in FEMA-provided …
July 23, 2008
The application deadline for federal disaster loans is approaching for businesses and people hurt by severe weather in a dozen West Virginia counties last month. The U.S. Small Business Administration says applications are due Aug. 19 for damage caused by …
July 23, 2008
A handful of Bermuda insurers see an opportunity to expand their horizons by entering the Lloyd’s of London insurance market, but their interest of late has waned as prices of potential target companies have risen. The dearth of activity is …
July 23, 2008
After a rejection in June, Louisiana Gov. Bobby Jindal has again asked for the president to declare Caddo, Bossier and six other parishes federal disaster areas because of storms in May. Wind and rain caused more than $4 million in …