Florida-based Main Street America Group reported it achieved a $43.6 million underwriting profit in 2008, the largest in its 85-year history and 38 percent higher than its 2007 underwriting profit of $31.7 million. The super regional property/casualty carrier’s corporate combined …
The world’s second-richest man, Warren Buffett, wasn’t even the highest paid employee at Berkshire Hathaway’s 19-person headquarters again last year. Buffett, chairman and chief executive of the Omaha, Neb.-based company, received a total of $175,000 in compensation in 2008, the …
Indiana health officials say most of Monroe County’s swimming pools, spas and whirlpools don’t comply with a new federal law requiring them to be fitted with special drain covers to prevent children from drowning or sustaining gruesome injuries. Of the …
A federal jury has awarded $7.5 million to an Iowa man who claimed his lungs were damaged by working with buttery flavoring used to make microwave popcorn. The verdict in favor of 69-year-old Ronald Kuiper came a day after the …
A federal appeals court has reversed a lower court ruling against a former Beatrice bank worker who said he lost his job because of his rare voice disorder. The 8th U.S. Circuit Court of Appeals on Friday ruled in a …
Florida lawmakers need to make some smart decisions on reducing the risk for Florida property owners from hurricane damage, the state’s chief financial officer said Thursday. In a letter to key legislative leaders, CFO Alex Sink said property owners cannot …
Insurance industry veteran Bruce MacDougall has joined independent insurance brokerage William Gallagher Associates in Boston as a senior vice president. At William Gallagher, MacDougall will develop relationships and serve as a resource for clients in all areas of property and …
Emergency management officials in Fargo and Grand Forks are ordering pumps, topping off levees and planning dikes after forecasters predicted record flooding this spring along the Red River Basin. “The magnitude of the expected flooding has not been seen in …
The damage estimate from last summer’s flooding at the University of Iowa has nearly tripled to $743 million. University officials released the new estimate on Friday. It includes all building and content damage and the costs to relocate building complexes …
Global warming should lift sea levels along the U.S. Northeast nearly twice as fast as global rates this century, putting New York City at risk to damage from hurricanes and winter storm surges, scientists said. “The northeast coast of the …
