May 17, 2010
All around the Gulf Coast, fishermen, motel owners, restaurateurs and other small businesses justifiably are concerned about what the future may hold as a result of the Deepwater Horizon oil spill off the coast of Louisiana. Lawsuits are beginning to …
May 17, 2010
Fiesta Auto Huntington Beach, Calif.-based Fiesta Auto Insurance, a franchise system that combines insurance and tax preparation under one roof, recently opened 20 new offices in various locations, increasing its presence to more than 60 open locations throughout the United …
May 17, 2010
$350 Million As of May 10, London-based energy giant British Petroluem Plc (BP) said the oil spill in the Gulf of Mexico had cost it $350 million, suggesting the final bill could be much higher than many analysts predicted, and …
May 17, 2010
The blame game for the recent British Petroleum oil spill along the Gulf Coast is just getting started as are the insurance implications of this disastrous event, according to underwriters and other observers. “It’s going to take several years to …
May 17, 2010
Three workers forced to escape on lifeboats after an explosion aboard an offshore drilling platform claimed in a lawsuit they were kept floating at sea for more than 10 hours while the rig burned uncontrollably. “After these guys were pulled …
May 17, 2010
On the final day of this legislative session, Florida lawmakers passed omnibus legislation that aims to bring more control over homeowners insurance costs, raises the state’s minimum capital requirements for insurers, cracks down on errant public adjusters, allows insurers more …
May 17, 2010
New York-based insurance brokerage and risk management firm Integro has hired Robert H. Easton as deputy general counsel and chief compliance officer. Easton most recently served as deputy superintendent and general counsel for the New York State Department of Insurance. …
May 17, 2010
Tennessee Tragedy “Nashville has obviously been hard-hit, and it’s a well-known city, but there are so many other counties in the state and areas … that have been hit very hard as well. A lot of people who didn’t have …
May 17, 2010
Ash spewing from an Iceland volcano halted air travel and countless business meetings and deals across Europe. In Times Square, hotels and businesses were shut down after a bomb was discovered in an abandoned car along Broadway. All around the …
May 17, 2010
West Virginia is mulling a new state agency dedicated to policing dangerous coal mines in response to an explosion that killed 29 men at Massey Energy’s Upper Big Branch mine. The state Board of Coal Mine Health and Safety plans …