June 3, 2011
Arizona is currently ablaze with eight wildfires burning thousands of acres of land and property and causing evacuations from some areas, according to the National Interagency Coordination Center. While most of the fires are burning in national forest areas, some …
June 3, 2011
New Jersey’s Supreme Court has ruled a convicted drunken driver has the right to sue the bar that served him. Wednesday’s 5-2 ruling stems from a 2006 motorcycle crash in which Frederick Voss had a blood-alcohol level of .196 percent, …
June 3, 2011
Residents of 19 small communities in central and western Massachusetts were left to deal with widespread damage this week, after at least two late-afternoon tornadoes shocked emergency officials and residents more accustomed to dealing with snow and bone-chilling cold than …
June 3, 2011
Virginia regulators are urging homeowners to review their insurance policies with the start of hurricane season this week. The State Corporation Commission, which regulates insurers, said that some companies automatically include a deductible for wind or hurricane losses in their …
June 3, 2011
Solvency II, the European Union’s imminent imposition of new and more sophisticated risk based regulation of its insurers, may not be the only elephant in the room It is, however the main focus of a great deal of activity within …
June 3, 2011
The North Carolina House has voted to give pharmaceutical companies sweeping product liability protections as part of a larger Republican effort to limit liability for North Carolina businesses. The proposed legislation that passed the House 86-32 would grant drug companies …
June 3, 2011
Actuaries are being urged to lend their expertise as insurers get more involved in using social media tools to connect with policyholders and prospects, tools that are producing metrics ripe for expert analysis. Actuaries should wade in and not wait …
June 3, 2011
Officials in Tuscaloosa, Alabama say it will cost about $1.3 million to replace 47 vehicles and other pieces of equipment that were destroyed or damaged in the April 27 tornado. They say city taxpayers will be responsible for about $760,000, …
June 3, 2011
From the satellite pictures on Google Earth, Jinan looks like any other Chinese city — sprawling construction sites, massive factory blocks, apartment buildings, a university, dozens of railway lines and wide-open plazas. But according to the Internet giant, somewhere in …
June 3, 2011
The hacking of a Sony Corp. customer database this spring has attracted class-action lawyers and consumers eager to cash in on the high-profile privacy breach. At least 40 lawsuits have been filed in U.S. federal courts — including at least …