February 13, 2009
Washington Gov. Chris Gregoire wants 33 counties to be declared disaster areas so that residents and business owners can get assistance to repair damage from December snow and storms. Preliminary state and federal damage assessments found an estimated $28.5 million …
February 13, 2009
Kentucky officials say the Jan. 27 storm that blanketed the region with ice and snow has taken 35 lives. About 769,000 customers lost power at its peak, and almost 50,000 are still without power. The state has received a major …
February 13, 2009
Schaumburg, Ill.-based Great American Insurance Group’s Executive Liability Division, now offers binding functionality in addition to online quoting for nonprofit organizations on its ExecProQuote.com Web site. ExecProQuote.com features paperless account management, enhanced commission, and for most nonprofit submissions requires just …
February 13, 2009
John F. Brady, a Republican who ran for insurance commissioner, has become a Democrat. Brady, the recorder of deeds for Sussex County, changed registration Tuesday afternoon. He is keeping his political options open, saying he enjoyed running for statewide office. …
February 12, 2009
Britain’s Serious Fraud Office (SFO) has launched a preliminary inquiry into suspected irregularities at a British subsidiary of American International Group Inc., the SFO said on Thursday. The SFO said its probe into the UK operations of AIG Financial Products …
February 12, 2009
Standard & Poor’s Ratings Services has revised its outlook on Los Angeles-based Mercury General Corp. and units to negative from stable. S&P also affirmed its ‘A-‘ counterparty credit and senior unsecured debt ratings on Mercury General, as well as its …
February 12, 2009
An investigation by the New York State Insurance Department and Workers’ Compensation Board has led to charges against the owner of Yonkers bus service who failed to carry workers’ compensation insurance for his 25 employees. Salvatore DiPaolo, 59, owner of …
February 12, 2009
Louisiana Insurance Commissioner Jim Donelon announced that the Property and Casualty Consumer Affairs Division at the Department of Insurance aided Louisiana insurance consumers in receiving approximately $6,400,000 in insurance payments from claim disputes last year. The recovered funds result from …
February 12, 2009
A jury says Volkswagen isn’t to blame for the injuries suffered by a Vermont man in a 2002 wreck that paralyzed him. The suit stemmed from a Christmas Eve accident in Hanover, New Hampshire, in which a 1999 Jetta driven …
February 12, 2009
American Summit Insurance Co. of Waco, Texas, has introduced its residential property insurance program, Home Choice, in Arizona. The program features four packages of coverage: basic, value, ultra and special, plus several optional coverages. Discounts include retirement community, gated community, …