The Chubb Group announced that it has”expanded its multinational insurance group to encompass both Chubb’s standard P/C products and specialty coverage, such as directors and officers liability insurance. Chubb added that with additional “dedicated employees” located “around the globe,” its …
In a new report the Conference Board, a non-profit, business research organization, has concluded “restrictions on greenhouse gas emissions (GHG) are not feasible without significant productivity growth and a transfer of technologies from advanced to emerging economies.” The analysis appears …
A new report published by Lloyd’s, as part of its “360 project,” and Risk Management Solutions (RMS), warns that “without adaptation, insurance losses from coastal flooding for high-risk properties could double by 2030. The research shows that, with an effective …
Federal officials say a criminal investigation of the Crandall Canyon, Utah, mine disaster doesn’t preclude civil suits against those associated with the mine. The federal Mine Safety and Health Administration asked the U.S. Attorney for Utah to conduct a criminal …
A ranch company found negligent in a 2005 landslide that killed 10 people has agreed to sell its assets to pay for damages, the plaintiffs announced. A jury in August faulted La Conchita Ranch Co. for failing to build adequate …
A Mississippi couple who accused their insurance company of using fraudulent Hurricane Katrina damage reports to keep from paying claims now says there’s no evidence the insurer acted negligently or in bad faith. A judge dismissed the bad faith portions …
Itasca, Illinois-based Associated Risk Managers is implementing expansion efforts across the Southeast, beginning with Florida. According to ARM Chairman, Larry McSpadden, ARM members Lewis Maddux and Danny Gleason teamed to promote and expand the Florida ARM membership. With extensive property …
Florida Insurance Commissioner Kevin McCarty ordered State Farm Florida to issue credits or refunds totaling $120 million to current and former policyholders who did not apply for or who did not receive the windstorm loss reduction rating plan discount for …
Austin, Texas-based insurance education provider, The National Alliance for Insurance Education & Research, has selected Kathleen G. Speer as director of national business development for the not-for-profit organization. Speer will oversee the sales and business development relationship operations for all …
Darien, Ill.-based Insure.com, Inc. has upgraded its Car Crash Safety Ratings Tool, which is a free, online information tool that displays car-safety data from both the Insurance Institute for Highway Safety and the National Highway Traffic Safety Administration. The new …
