Florida Gov. Charlie Crist has signed legislation that will increase property insurance rates by 10 percent annually on more than one million customers of the state-backed Citizens Property Insurance Corp. and gradually reduce the exposure of the state’s hurricane insurance …
California was the only state in the nation to receive consistently top marks across the board on a recent ranking of traffic safety laws conducted by the Insurance Institute for Highway Safety (IIHS). The study examined the strength of traffic …
San Francisco-based Woodruff-Sawyer & Co. announced that Jack Cooperman has joined the firm as vice president, vusiness continuity and loss control. Cooperman has been in the insurance industry since 1980. His background includes working in field and managerial positions at …
San Diego-based Cavignac & Associates, a risk management and commercial insurance brokerage firm, has hired Barbara M. Cohn as a senior commercial account manager within its construction department. Cohn is a 27-year veteran of the commercial insurance industry. In her …
If you’re planning on preparing for a hurricane, this is the week to do it. Virginia’s sales tax holiday on hurricane preparedness items runs from Monday through Sunday. Throughout the week, 22 items that can be helpful in a storm …
A western Pennsylvania town is trying to find an arsonist who has set at least 35 vacant structures on fire in the past 18 months. New Castle Fire Chief Thomas Maciarello says 90 percent of the fires have been in …
The Progressive insurance company is paying the state of Massachusetts $120,000 and reimbursing customers after volunteering that its Web site had provided inaccurate rate comparisons. The Ohio-based Progressive Casualty Insurance Co. began selling policies in Massachusetts on May 1, 2008, …
Against the background of the impending Atlantic Hurricane Season, the Caribbean Catastrophe Risk Insurance Facility (CCRIF) has released a briefing document outlining the role of risk management in the region’s adaptation strategy in the face of climate change. “The briefing …
Global trade could collapse if the world does not take coordinated, concrete steps to finance trade flows, British Prime Minister Gordon Brown said in comments published on Thursday. Writing in the Wall Street Journal, Brown said the global financial crisis …
A.M. Best Co. has revised its rating outlook to negative from stable, but has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of Selective Insurance Group and its seven property/casualty pooling members. …
