A report from Willis Aerospace asserts that, “aerospace product manufacturers are bearing a disproportionate share of aviation market premium, considering the record profits insurers derive from the sector and its loss history compared with the airline sector.” The report, the …
The death toll from Cyclone Aila reached 40 on Tuesday after it lashed eastern India and Bangladesh and stranded thousands in their flooded villages, officials said. The storm destroyed nearly 3,000 thatched and mud houses and toppled a large number …
Banks will be more closely scrutinized under European Union plans unveiled on Wednesday to apply lessons from the credit crunch and better protect investors shaken by the worst financial crisis in decades. The European Commission’s plans form a core plank …
The Central Pacific Hurricane Center in Hawaii is forecasting three to five tropical cyclones forming in the central Pacific during the 2009 hurricane season, which begins June 1. An average season has four or five. Tropical cyclones include tropical depressions, …
More than 50 businesses and organizations have joined together to oppose Gov. Jim Doyle’s bid to change Wisconsin’s liability laws. The Democratic governor’s proposal known as “joint and several liability” would increase the number of victims who could receive full …
The former owner of a St. Joseph, Mo., tannery that is being sued over health concerns acknowledged that the plant used a cancer-causing chemical, but he said the tanning process posed no danger to the public. The former Prime Tanning …
California Insurance Commissioner Steve Poizner has joined Assemblymember Joel Anderson, R – El Cajon, to support AB 157, and to offer disaster preparation tips for all San Diego residents. AB 157 would allow Cedar Fire survivors two additional years to …
A California insurance broker is suing American International Group, accusing the nation’s largest insurance and financial corporation of engaging in unfair business practices. Insurance broker Linda Harris, president of the Independent Financial Planning Group, filed the lawsuit in Los Angeles …
Van Nuys, Calif.-based Momentous Insurance Brokerage Inc. announced that Steve Rivera joined the firm’s high net worth practice as an account executive. Rivera has five years of experience in the insurance industry, most recently at Countrywide Insurance Services. He began …
As Insurance Journal prepares for another Top 100 Independent Property/Casualty Agency List, to be published in our Aug. 3, 2009, magazine, the editors wanted to highlight a few of the current Top 100 agencies. Throughout the coming weeks, InsuranceJournal.com will …
