With reinsurance stocks trading below book value, equity analysts basically agree on the factors affecting these stocks but differ on their outlook on the sector. Property/casualty insurance analysts Meyer Shields, analyst at Stifel, Nicolaus & Co.; Gregory Locraft, an executive …
New York insurance agents are welcoming a decision by a New York City government agency that they say will make it easier for contractors to meet the city’s insurance requirements. The New York City Department of Buildings said that it …
For those in the industry, Florida’s recent legislative session was a long march as they tried to navigate through a process that initially promised much in the form of a new governor and strong pro-business majorities in both the House …
Proposed rules for those who say they were sickened by exposure to toxins at ground zero would cover claims from a wider area around the site in Lower Manhattan. The new draft regulations for the $2.78 billion victim compensation fund …
Cooper Tire & Rubber Co. will challenge allegations by the Occupational Safety and Health Administration that the company committed safety violations at its plant in Tupelo, MIssissippi. Cooper Tire spokeswoman Michelle Zeisloft said that the company has asked for a …
Drought conditions and rampant wildfires have forced 29 Florida counties to ban open fires. And for 22 of those counties, the ban covers fireworks. The Florida Division of Forestry said that more than 440 active wildfires were roaring across the …
Authorities in Flint, Michigan have arrested a suspect in five of what are believed to be nine arson fires that broke out overnight in an eastside neighborhood, the city announced. Three firefighters were treated for heat exhaustion from battling the …
The family of a Massachusetts man killed in the Sept. 11, 2001 terrorist attacks says newly released court documents show security problems at Boston’s airport the day of attacks are to blame for the man’s death. The documents were filed …
A state appeals court in Connecticut has ruled that ex-NFL player and investment firm founder Bob Simms can’t sue his ex-wife’s lawyers for fraud during a long-running divorce and alimony case, saying they’re protected by a centuries-old doctrine called absolute …
RLA Insurance Intermediaries has named Tim Halisky president of RLA Mid-Atlantic. Halisky — who most recently served as vice president of sales and marketing for K&B Underwriters — will spearhead the opening of RLA’s Washington D.C. area office along with …
