S&P Says Midwest-Focused Insurers at Risk N2 | Washington Report House Subcommittee Moves Key Federal Bills N4 | Home Insurers Bitten by $350 Million in Dog Claims Average Liability Claim Tops $24,000 N6 | Conning: Insurers’ Financials Strong, Despite Price …
$900,000 The amount a Jackson County, Mississippi jury returned in a verdict for a Pascagoula couple who sued their insurer for unpaid Hurricane Katrina damages. Retired Navy Admiral James Lisanby and his wife sued USAA insurance for damage to their …
The West Virginia Supreme Court has revived a pair of lawsuits seeking damages from timber, mining and land companies for devastating 2001 floods. The court reinstated a 2006 jury verdict that improper logging practices allowed by two timberland owners helped …
The Alabama Insurance Underwriting Association, or the Beach Pool, is implementing new discounts to help coastal policyholders reduce their windstorm premiums. The Beach Pool discounts will apply to homes built to the Fortified…for safer living construction standard of the Institute …
Fifteen years ago, after the Midwest was swamped with what was pronounced a “100-year” or even a “500-year” flood, some folks figured they would never again see such a disaster in their lifetime. Some even dropped their flood insurance. Big …
Allied World, Darwin Professional Bermuda-based Allied World Assurance Co., Ltd. has agreed to acquire Connecticut-based Darwin Professional Underwriters, Inc. Darwin offers specialty and primary professional lines coverages, which include health care professional liability and niche errors and omissions. Darwin also …
The rural area to the northeast of Denver, Colo., tops the nation when it comes to regions most prone to tornados, according to Boston-based CDS Business Mapping LLC, an online hazard mapping firm. The top 10 most tornado prone metro-areas …
Dramatic growth in assisted living and home care may increase professional and general liability risks.. Florida faces a crisis in meeting the demand for aging services over the next 22 years as the population aged 85 and older is forecast …
Declarations – Tara Hutchison, spokeswoman for Alabama Gov. Bob Riley, after a judge dismissed most of a lawsuit in which an indicted insurance executive accused the governor and others of conspiring to drive him out of the insurance business. Montgomery …
The Chubb Corp. has made four executives appointments: John J. Degnan has been named vice chairman and chief operating officer. Degnan, a former attorney general of New Jersey who joined Chubb nearly 18 years ago, was previously vice chairman and …
