An in-depth study by more than 150 experts commissioned by the Army Corps of Engineers to look into the catastrophic failure of the levees during Hurricane Katrina is done, though the report released June 26 divulged little research that hadn’t …
Oklahoma Insurance Commissioner Kim Holland has warned insurance producers and adjusters across the state to be on the lookout for imposters posing as Oklahoma Insurance Department employees seeking confidential personal information. The Insurance Department has received reports of individuals calling …
Towers, Perrin, Forster & Crosby Inc. and Watson Wyatt Worldwide Inc. have entered into a definitive agreement under which Towers Perrin and Watson Wyatt will combine in a merger of equals to form a new, publicly listed company called Towers …
A judge has rejected New Hampshire’s claim that a medical malpractice fund is an agency of the state. Judge Kathleen McGuire’s ruling Thursday appears to undercut the state’s argument that it can use a $110 million surplus in the fund …
New Jersey lawmakers have approved a measure that puts safety above the law when it comes to underage drinking. The bill grants immunity to any under 21 who has been drinking if that person calls police when another teen drinks …
Environmental groups sued the Federal Emergency Management Agency, saying the agency failed to consider how its national flood insurance program affects Oregon’s federally protected salmon and steelhead. The National Wildlife Federation, Audubon Society of Portland and other groups say FEMA …
Donald Forsythe and Fred Wilder, founders of Wilder-Forsythe Inc. insurance agency, picked an awful location to sell insurance. The small office building they bought in 1974 in the far-northern New York city of Ogdensburg sits on land, formerly a gas …
The property/casualty insurance industry suffered a $1.3 billion net loss after taxes for first-quarter 2009, which constitutes a $9.8 billion adverse swing from the industry’s $8.5 billion in net income after taxes in first-quarter 2008. And reflecting the swing to …
A measure enacting a minimum residential building code around Tennessee has been signed by the governor. Democratic Gov. Phil Bredesen pushed for the bill and signed it last week. It takes effect July 1. Under the law, local governments in …
A Jefferson County Circuit Court jury has ruled paint manufacturer Sherwin-Williams Co. was liable for the illnesses of a Mississippi boy who ate lead-contaminated paint chips. The jury awarded $7 million in damages in the lawsuit filed on behalf of …
