May 25, 2010
Louisiana Insurance Commissioner Jim Donelon kicked off his summer storm tour to raise awareness for hurricane and flood preparedness by urging consumers to protect themselves and their property against Louisiana’s most frequent and unpredictable natural disasters. Experts are predicting an …
May 25, 2010
A federal revision of flood maps in 17 Texas coastal counties based on information from Hurricane Ike could lead to costly insurance increases for some homeowners. The Houston Chronicle reported that hurricane levees completed in the 1980s are unlikely to …
May 25, 2010
A survey of mid-sized Southeast Michigan employers shows that health benefits are on par with national trends as traditionally rich benefit offerings go by the wayside, according to McGraw Wentworth, a Michigan-based employee group benefit brokerage/consulting firm. McGraw Wentworth’s 2010 …
May 25, 2010
Boating deaths in South Carolina this year have already surpassed the total in 2009, and safety officials are worried with the Memorial Day weekend approaching. The Sun News of Myrtle Beach reported that, as of last Friday, 15 people had …
May 25, 2010
An insurance organization says a windstorm that brought two weak tornadoes, rain and hail to the western Denver suburbs last July caused $768 million in insured losses to vehicles and homes. The Rocky Mountain Insurance Information Association said that it’s …
May 25, 2010
CNA Select Risk – which includes Excess & Surplus (E&S) business, as well as Wholesale Property accounts – announces new growth in its Casualty unit with the opening of new locations in New York City and, soon, Los Angeles. The …
May 25, 2010
A former Hooters employee in a Detroit suburb has sued the restaurant chain, alleging she was unable to keep her job after being told to lose weight. Cassandra Smith alleges that Hooters put her on 30-day “weight probation” and advised …
May 25, 2010
The U.S. Supreme Court let stand an appeals court decision upholding the power of tax authorities to demand legal work papers from corporations. The lower court ruled in favor of an Internal Revenue Service bid for legal papers from corporate …
May 25, 2010
Shareholders have sued the board of BP Plc for failing to monitor safety and exposing the company to potentially enormous liability related to the Deepwater spill disaster in the Gulf of Mexico, according to court documents. A month ago a …
May 25, 2010
The U.S. National Hurricane Center started tracking the first low pressure system of the 2010 Atlantic hurricane season late Sunday, reminding energy and commodities traders of the coming storm season, which officially starts June 1 and ends Nov. 30. The …