One of seven men burned when they were engulfed by a fireball at a steel mill a year ago has filed a $55 million lawsuit against ArcelorMittal. The lawsuit filed by 31-year-old Jeremy Schoon of Valparaiso was announced at a …
Over the past decade, the directors and officers liability insurance market has grown faster than the broader property/casualty market, at nearly double the rate of the commercial lines average. Premium growth has come from pricing, broader coverages, and increasing penetration …
Venture Insurance Programs, launched the SuiteLife program, an all-lines insurance solution for resort properties. SuiteLife combines Venture’s Preferred Club Program – one the industry’s largest programs for golf and country clubs – and the Venture Hospitality program, which has written …
Two of the largest insurance companies in the U.S. have mobilized their catastrophe teams to aid policyholders in the aftermath of Hurricane Gustav. State Farm, the largest insurer of homes and autos in the Gulf Coast, initiated Catastrophe Services operations …
Gustav may not wallop the property/casualty insurance industry the way Katrina did but there is still concern in insurance and reinsurance circles over the continued pile-up of catastrophe losses. Standard & Poor’s Ratings Services notes that early reports indicate that …
Some North Dakotans are heading to the Gulf Coast, to provide help in areas hit by Hurricane Gustav. Randy Fischer with Ringdahl EMS says ambulances and emergency response personnel from Jamestown and Lisbon are part of a larger North Dakota-Minnesota …
U.S. reinsurers reported a deteriorating combined ratio for the first-half 2008, compared to the first-half 2007 while net premiums were up over the same time period. The Reinsurance Association of America (RAA) released reinsurance underwriting results for the six months …
The site of a former hardware store is now home to the University of Iowa’s theater performance, music and ceramics classes, a move that reflects the possible confusion after flooding pushed a slate of old classes into new buildings. The …
Drunken driving deaths are decreasing in New Jersey. According to new federal data released Thursday by AAA Mid-Atlantic, there were 47 fewer DUI-related deaths in New Jersey in 2007 than the year before. That’s a 6 percent drop. New Jersey …
A still-largely deserted New Orleans Tuesday prepared to take stock of damage from Hurricane Gustav after rebuilt levees appeared to hold off a repeat of the flooding caused by Katrina three years earlier. Gustav roared through the heart of the …
