Getting people back in their homes quickly is vital to hurricane recovery, the head of a national program to build more storm-resistant homes said at a conference in South Carolina. “The faster you get the people back, the faster the …
Alcoa Inc. can be sued for the asbestos-related death of a former worker’s daughter, the Tennessee Supreme Court ruled. The Pittsburgh-based company had argued that it should not be held responsible for Maryville resident Amanda Satterfield’s mesothelioma, a rare cancer …
Balancing the need to drive and the need for safety is a tough call for South Dakota lawmakers, says state Rep. Garry Moore. But he says a call to raise the minimum age for driver’s licenses has never been warmly …
Accident Fund Insurance Company of America announces the appointment of James G. Agee as chair of its board of directors. Agee succeeds Charles L. Burkett who served as chair since June 2004. Agee, who has served on Accident Fund’s board …
Pete Garvey, current president of Integro Ltd., has assumed the additional responsibility of CEO for the insurance broker. Garvey succeeds Roger Egan, who has left the company. The company has not disclosed why he left. Garvey has served as president …
The National Association of Professional Surplus Lines Offices Ltd. launched an education and awareness campaign to demonstrate the value that wholesale brokers bring to retail brokers and corporate risk managers when placing specialty insurance coverage. The campaign was announced at …
Fears that American International Group Inc.’s large mortgage exposure could trigger another round of losses has rankled investors so much that the insurer has lost its iron grip as the world’s industry leader by market value. AIG’s shares have tumbled …
The National Association of Mutual Insurance Companies (NAMIC) named Sen. Susan M. Collins, R-Maine, as its Federal Legislator of the Year. “Senator Collins has a great understanding and appreciation of the property/casualty insurance industry, which she gained while serving as …
On Sept. 10, it looked like Hurricane Ike was going to make landfall along the middle Texas coast, with Corpus Christi being the largest city with the most to lose from the storm, which is expected to make landfall sometime …
Insurance executives expect sub-prime and other credit issues to continue to have a significantly negative impact on the industry’s financial performance in 2009, and they see credit and pricing risks as posing the most significant challenges over the next three …
