June 9, 2010
New research by U.S. Geological Survey scientists is casting doubt on the long-held idea that the New Madrid fault zone in Missouri’s Bootheel unleashed a series of devastating earthquakes in 1811 and 1812. In a new study, the researchers say …
June 9, 2010
The Louisiana Department of Insurance has issued a Cease and Desist Order against Shel St. Clair and Richard Rinalo, doing business as Integrity Claims Consulting and/or Red River Insurance Construction. The department alleges the pair have been conducting business in …
June 9, 2010
The Federal Emergency Management Agency has clarified that in the event of a declared flooding disaster, National Flood Insurance Program coverage will apply even if oil from the British Petroleum deep well blowout in the Gulf of Mexico is mixed …
June 9, 2010
Republican Meg Whitman will face off against Democrat Jerry Brown in the race for California governor in November. Whitman won the Republican ticket for governor with 64.2 percent of the vote, defeating Insurance Commissioner Steve Poizner who received 26.9 percent …
June 9, 2010
A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “aa” from “aa-” of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and TCSA’s affiliate, UK-based Travelers Casualty and Surety Company of …
June 9, 2010
Georgia Gov. Sonny Perdue has signed into law a bill allowing employers whose previous workers compensation carrier goes out of business to pay into the insolvency pool to cover injured workers’ claims. The law has been criticized by private insurers. …
June 9, 2010
The Hanover says it will offer Massachusetts drivers a discount on a special course in crash prevention skills and safe-driver techniques. The program, run by In Control Crash Prevention Training, is the only one of its kind certified by the …
June 9, 2010
Dr. Robert Hartwig, an economist and president of the Insurance Information Institute, will testify today at a hearing before the Committee on Transportation and Infrastructure, U.S. House of Representatives, in Washington, D.C. The hearing will focus on liability and financial …
June 9, 2010
Springfield, Massachusetts has taken a step toward banning texting while driving. The city council on Monday passed a home rule petition by a 12-1 margin that would allow police to fine anyone who sends or receives text messages while behind …
June 9, 2010
Teams found no problems Monday during a daylong expedition inside the West Virginia coal mine where 29 men died in the industry’s worst disaster in 40 years, officials said. Teams entered Massey Energy Co.’s Upper Big Branch mine shortly after …