While brokers on construction projects have historically focused primarily on owners and contractors, economic uncertainty has created a new focus area — financing entities. In addition to the usual construction risks, financing has emerged as a major concern, with more …
The Arkansas Supreme Court has upheld a ruling by a lower-court judge that an insurance company is liable for twice the amount it had expected in connection with a fatal Craighead County bus crash. The court ruled on June 23 …
Owners of homes in a Muskogee, Okla., subdivision want the city to give them fair market compensation for their homes as part of a flood-buyout program. But the city says it doesn’t have the money to match federal grants to …
A massive wildfire that destroyed 13 homes the Medicine Park, Okla., area was contained on June 25, allowing residents to return to their homes. Firefighters from a few local agencies remained on the scene to mop up hot spots, but …
Colorado Gov. John Hickenlooper and the new chairman of Pinnacol Assurance are looking into changing terms of a $4.3 million severance package for top executives of the state-chartered insurer. Hickenlooper and chairman Blair Richardson confirmed attorneys are looking at the …
The Souris River crested nearly 2 feet lower than expected in Minot, N.D., where city officials hoped to ride out the high water without losing more than the thousands of homes already damaged by flooding. The river had been expected …
The Washington State Patrol says people will be able to go online to request an accident report for their insurance company and received it in one to five days instead of the current four weeks. The patrol says the Web …
Massachusetts consumers who purchased credit unemployment insurance from Wesco Credit Insurance Co. will be getting premium refunds under a settlement obtained by state officials. Attorney General Martha Coakley’s office said it has reached a $100,000 settlement with the insurer regarding …
The New York State Insurance Department and the Swiss Financial Market Supervisory Authority (FINMA) have agreed to a memorandum of understanding allowing for closer cooperation between the two regulatory bodies. The agreement was announced by New York State Insurance Department …
The 2011 Travelers Championship will generate in excess of $1 million for charity, including commitments from Travelers, bringing the tournament’s total 2011 charitable contribution to an amount on par with the champion’s $1.08 million winnings. The announcement was made by …
