The state of Missouri is asking the federal government for buyouts in nine areas hit hard by flooding in March, officials said on July 18. All told, the State Emergency Management Agency is seeking buyouts of 150 homes at a …
Cooler temperatures and higher humidity around California is allowing firefighters to continue chipping away at dozens of wildfires this week. The favorable weekend weather led to considerable progress in the Shasta-Trinity National Forest, where a wildfire that was threatening Junction …
Four counties in southwestern Colorado that passed a law requiring driver’s licenses and liability insurance for ATV riders want the state to enact similar requirements. Officials in San Juan, Hinsdale, Ouray and San Miguel counties enacted the stricter law in …
In a 7-0 decision, the California Supreme Court confirmed that an indemnitee (a developer-builder in this case) is entitled to an immediate defense by an indemnitor (a subcontractor in this case) under a contractual indemnity clause, even though a jury …
Calabasas, Calif.-based Lionheart Insurance Services has opened a new office in Irvine, Calif. Joining Lionheart in the Irvine location are Pat Piccinonno and Joe Weckerle Jr. Piccinonno, appointed as president, has 35 years of insurance management and production experience, most …
Los Angeles based Lloyd S. Berkett Insurance Agency Inc. hired Gary Rubell to head up its Risk Services division. He will oversee all safety and loss prevention services and training. Rubell has 25 years of rsk management experience and was …
Mutual Assurance Administrators Inc. (MAA) of Oklahoma City has acquired Pittman & Associates Inc. (P&A) of Tennessee. Mutual Assurance Administrators Inc. is a third-party administrator specializing in management of employer sponsored benefit programs. Founded in 1975, MAA offers claims administration …
The United States ceded $58.4 billion in premium to offshore reinsurers in 2007 — compared to $54.7 billion in 2006 — an increase of 6.8 percent. Net recoverables totaled $113.0 billion, a decrease of 1.1 percent from $114.2 billion in …
With Tropical Storm Dolly roiling it’s way into probable hurricane status, the Texas Windstorm Insurance Association issued a reminder to agents that once a “hurricane enters the Gulf of Mexico or is within the boundaries of 80 degrees west longitude …
Travelers recently launched a “first” in the insurance industry with its premium discount of up to 10 percent for those owning electrically powered boats. Whether boaters are interested in a quieter boating experience, or if they are seeking environmentally friendly …
