Monthly Archives: <span>April 2009</span>

Governor Requests Emergency Declaration for 199 Texas Counties

Texas Governor Rick Perry has requested FEMA to issue an emergency declaration for 199 Texas counties based on the threat of wildfires. Perry also has authorized additional state resources to combat the ongoing wildfires across the state. Wildfires have burned …

Oklahoma AG: Emergency Price Gouging Statute Now in Effect

Oklahoma Attorney General Drew Edmonson announced that the state statute prohibiting price gouging has gone into effect following the devastating fires and violent weather that have plagued the state recently. The Oklahoma Emergency Price Stabilization Act was triggered after Governor …

North Dakota Battles Flooding Again; More Expected

A levee breach along the Sheyenne River in North Dakota had officials scrambling for a fix and National Guard helicopters dropping 1,000-pound sandbags into the gap in the levee in Valley City, about 60 miles west of Fargo, early on …

Minnesota Bridge Survivors Must Accept Settlements by April 16

Survivors of the Interstate 35W bridge collapse in Minneapolis, Minn., in August 2007 have until April 16 to accept or reject a settlement from the state’s compensation fund. The state Legislature created a $36.6 million fund to compensate bridge victims. …

Ratings: HSB, Tall Pines, North Sea, MEMIC Indemnity, American Physicians, West Bend

A.M. Best Co. has upgraded the financial strength rating (FSR) to ‘A+’ (Superior) from ‘A’ (Excellent) and issuer credit ratings (ICR) to “aa-” from “a” of The Hartford Steam Boiler Group and its members (together, known as HSB Group). All …

Energi, National Interstate Launch Fuel Transport Program

Energi Holdings Inc. launched an alternative risk management program designed for the fuel transportation industry. The Energi program is available for companies with gasoline and/or distillate transporter operations, wholesale distribution (including terminal operations and brokered sales) or retail gasoline stations …

Global Special Risks London Team Joins Glencairn Energy

Glencairn, the Property, Casualty, Accident and Health broker within Willis Faber & Dumas division, announced that the London-based Upstream Energy team of Global Special Risks (GSR), headed by Andy Baker, has joined the newly established Glencairn Energy division under the …

Mercury General To Report Q1 Results on May 4

Mercury General Corp. on Monday, May 4, 2009, will release results for its first quarter ended March 31, 2009. The company will host an investor conference call and Webcast that same day at 10 a.m. Pacific Time to review the …

Mercury Insurance Named One of America’s Most Trustworthy Companies

Los Angeles-based Mercury Insurance has been named as one of America’s 100 Most Trustworthy Companies in an annual survey commissioned by Forbes.com. Mercury is only one of 10 companies to appear on the list three years in a row, and …

Guy Carpenter Names Five New Execs for Boston Office

The Boston office of risk and reinsurance specialists Guy Carpenter & Co. has appointed five new five new senior brokers. Kathleen McCann has been named managing director. She joins Guy Carpenter from Aon Benfield, where she served as senior vice …