Across the United States, chances are roughly one in seven that a driver is uninsured. The percentage of uninsured motorists stood at 13.8 percent in 2009, according to the Insurance Research Council (IRC). The group said the percentage declined four …
Louisiana may be able to recoup much of the money it handed out following Hurricanes Katrina and Rita in 2005 to help storm victims repair their homes, following a recent ruling by the state’s high court. Under a program known …
The IMA Financial Group Inc., a diversified financial services company specializing in insurance, asset and risk management, has promoted three in the company’s employee benefits division to vice presidents. Gregg Kamas was promoted to vice president of IMA Financial Group …
About $4.2 million is heading to Arkansas to help with housing and other needs following recent flooding, state and federal emergency management officials said. Housing assistance is provided to individuals, families and businesses in designated-disaster counties whose property was damaged …
Woodland Hills, Calif.-based Unico American Corp. announced its revenue for the three months ended March 31, 2011, was $8.6 million and net income was $1.1 million, compared with revenue of $9.9 million and net income of $0.5 million for the …
Ship owners are becoming increasingly concerned about the financial consequences of a rise in ship charterers filing for bankruptcy. In order to protect owners’ vital revenue streams from this risk, Marsh launched Charter Default, a product that provides a mix …
North Dakota officials praised President Barack Obama’ disaster declaration that will help the state recover the costs of combatting and cleaning up after widespread spring flooding. The declaration makes federal money available to help with the cost of flood mitigation …
A.M. Best Co. has revised the outlook to negative from stable and affirmed the financial strength rating (FSR) of A (Excellent) and issuer credit ratings (ICR) of “a” of The Motorists Insurance Pool (Motorists Property/Casualty) and its members. Additionally, A.M. …
Louisiana Governor Bobby Jindal said that while the U.S. Army Corps of Engineers has not given specific time for opening the Morganza Spillway on the Mississippi River upstream from New Orleans to reduce the possibility of downstream flooding, state and …
PowerGuard Specialty Insurance Services, a managing general agent and Lloyds cover holder specializing in unique insurance and risk management solutions for the wind and solar energy industries, announced that Gayle Nakahodo has joined the company as vice president of operations. …
