July 12, 2011
Crop losses linked to severe drought conditions are expected to take a toll on the economy in southwest Kansas. The Garden City Telegram reported that the Garden City Co-Op is estimating taking about 35 to 40 percent less grain than …
July 12, 2011
Insurance agents in states along the swollen Missouri River basin say federal officials are causing widespread confusion among property owners by pushing the sale of flood insurance policies that might not cover damage from the river flooding that began this …
July 12, 2011
Closing the federal flood insurance program would put millions of homeowners at risk and cost taxpayers billions of dollars, insurers are warning after a Republican lawmaker filed legislation to eliminate the federal program. “Eliminating the National Flood Insurance Program is …
July 12, 2011
Authorities will keep up pressure on BP Plc to ensure it fully compensates victims of last year’s Gulf of Mexico oil spill, Florida Republican Senator Marco Rubio said Monday after the company indicated it wants to limit future claims. Last …
July 12, 2011
Hub has acquired the assets of Workplace Benefit Solutions (WBS) a Manchester, New Hampshire-based employee benefit brokerage and consulting firm. Terms of the deal were not disclosed. WBS will become part of Hub International New England, and its employees will …
July 12, 2011
Internet auction marketplace eBay may have to take more responsibility over what is sold via its website or it could be sued for trademark abuse, Europe’s top court ruled on Tuesday. The European Court of Justice said online market providers …
July 12, 2011
Boston-based ProMutual Group appointed Jeff Lunn as senior strategist for health care. He previously served as a senior marketing representative for the company’s Massachusetts territory. Lunn will play a leading role in the research, strategy and implementation of any company …
July 12, 2011
A federal judge in California has pared back a lawsuit accusing Toyota Motor Corp. of inflating its stock price by concealing problems with unintended acceleration in its vehicles. U.S. District Judge Dale Fischer in Los Angeles partly granted Toyota’s motion …
July 12, 2011
The total costs associated with natural catastrophes will reach a record this year after an earthquake in Japan pushed first-half losses to $265 billion, according to Munich Re. The world’s biggest reinsurer by revenue said on Tuesday that the earthquake …
July 12, 2011
M&M Insurance Services of Marine Park, N.Y., has joined the ISU Network. ISU M&M Insurance Services will continue to represent real estate clients, but has branched out to include hedge funds and high net worth individuals. Agency Principal Marc Rovner …