The U.S. Senate passed a five-day extension to the National Flood Insurance Program (NFIP) by voice vote this afternoon after lawmakers delayed action Thursday night on the federal omnibus bill which would have extended the NFIP through the fiscal year. …
Standard & Poor’s Ratings Services has lowered its long-term counterparty credit and insurer financial strength ratings on Atradius Credit Insurance N.V., Atradius Reinsurance Ltd., Atradius Trade Credit Insurance Inc., and Compañía Española de Seguros y Reaseguros de Crédito y Caución …
Mary Ellen Rozzell, the past president of the National Association of Surplus Lines Offices (NAPSLO) and president and owner of Continental Marmorstein & Malone in New Jersey, passed away on March 3. Rozzell suffered a massive brain hemorrhage while attending …
Two major figures, both former insurance brokers, in a wide ranging investigation into corruption at the Orleans Parish School Board have been sentenced in federal court by U. S. District Judge Martin L. C. Feldman, according to an announcement released …
The U.S. Senate delayed action last night on a federal omnibus bill that provides funding to most of the federal government, including the nation’s federal flood insurance program that expires today. However, lawmakers are expected to vote today to extend …
A group of Texas legislators wants to require insurance companies to pay into a state catastrophe fund they could tap in case of big losses in a hurricane or other natural disaster. The Texas Windstorm Insurance Association – the last …
The Catholic Diocese of Fort Worth, Texas, has reached another settlement involving sexual abuse claims against a priest who died in 1999, including one case of alleged abuse by two other now-dead priests. Most of the $775,000 settlement, reached through …
Legislation to make it easier for health care professionals to volunteer their time has been passed by the Oklahoma House of Representatives and now heads to the Senate. House Bill 1481, by state Rep. Sally Kern, would modify current law …
The Texas Department of Insurance Division of Workers’ Compensation (TDI-DWC) announced it has designated a single data collection agent, the National Council on Compensation Insurance Inc. (NCCI), to collect workers’ compensation Proof of Coverage (POC) information. Beginning June 2, 2009, …
A.M. Best Co. has placed the financial strength rating (FSR) of A- (Excellent) and issuer credit rating (ICR) of “a-” of MEEMIC Insurance Co. in Michigan under review with positive implications. These rating actions are based on the announcement that …
