Texas’ top insurance regulator told lawmakers on Sept. 24 that the insurance industry estimates there will be around 300,000 claims – including commercial property claims – stemming from Hurricane Ike, which hit the Texas coast on Sept. 13. Around 40 …
In a case that’s caught the eye of Gov. Joe Manchin, West Virginia’s Supreme Court is being asked to accept an appeal of a nearly $400 million judgment against chemical giant DuPont. A Harrison County jury found that DuPont spent …
Federal investigators are examining the South Carolina road a Lear jet crossed before crashing shortly after takeoff at Columbia Metropolitan Airport, killing four people and injuring two popular musicians. On Sept. 23 National Transportation Safety Board spokesman Peter Knudson said …
After three days of deliberation in one of the longest jury trials ever held in Kansas, a jury in January left residents in a southeast city stunned. The panel had decided that the city of Neodesha was not entitled to …
Powerful winds promised to scour the Southeast coast with strong winds and heavy seas, though residents were taking the promise of 50-mile-an-hour gusts in stride. The National Weather Service issued high wind warnings for the coasts of North Carolina, Virginia …
Illinois Governor Rod Blagojevich has declared three more Illinois counties state disaster areas after severe flooding from September 13 and 14 as the aftermath Hurricane Ike hit the Midwest. The governor’s office says the state disaster declaration for Bureau, Kendall …
Atalanta-based Ebix Inc., an international developer and supplier of software and e-commerce solutions to the insurance industry, repurchased 5,000 shares of its common stock for a total cost of $510,000 or $102.00 per share. Ebix disclosed the information on Sept. …
Democratic vice presidential candidate Joe Biden said Republican John McCain protected offshore tax shelters worth billions of dollars to U.S. insurance giants. In a trip to the battleground state 0f Virginia this week, Biden said McCain promised to oppose any …
A new survey shows that nearly one in three doctors in Connecticut are not happy practicing in the state and are considering changing jobs or moving. The University of Connecticut Heath Center’s Institute for Public Health Research surveyed nearly 1,100 …
A bulletin from Aon’s London office concludes that the airline insurance market “is hardening for the first time in five years, with a five percent increase in lead hull and liability premium between January and July in 2008.” Aon explained …
