A new program sponsored by the National Ethics Association provides low-cost E&O insurance to property & casualty insurance agents nationwide. Issued by Everest National Insurance Co. and administered by Marsh U.S. Consumer, a service of Seabury & Smith, Inc., the …
Home Value Protection is now available in Indiana. With a Home Value Protection policy, homeowners can insure the market value of their home—the largest financial asset of most families—from volatile market cycles. “Housing prices have been, and will continue to …
Although everyone is more or less aware that 2011 was a very bad year for losses from natural catastrophes, the figures compiled by Swiss Re evince just how bad they actually were. In its latest sigma study the reinsurer points …
A behind-the-scenes firestorm in Louisiana’s legislative session centers on a big-money, years-long dispute between landowners and the oil and gas industry over how cleanup should be handled of environmental damage from drilling years ago. More than a dozen bills have …
The LSU AgCenter says agriculture was worth $10.7 billion to Louisiana’s economy last year. AgCenter economist John Westra says the 7 percent gain from 2010 represents the first $10 billion year since 2007. Last year was plagued by drought and …
Federal safety regulators have begun investigating buses made by Motor Coach Industries Inc. over the past 20 years because the drive shafts can fall out and cause drivers to lose control. The problem has led to two crashes that killed …
The private sector should be engaged early and often in preparing for and responding to natural disasters like hurricanes, the top U.S. emergency management official says. Craig Fugate, administrator of the Federal Emergency Management Agency (FEMA), says governmental emergency management …
Hartford Financial Services Group’s independent brokerage unit Woodbury Financial Services hasn’t posted a profit for at least five years, but some investment bankers say that won’t deter a small circle of expansion-minded rivals from bidding on the business. Last week …
It’s Tsunami Preparedness Week, and that means states that border the Pacific Ocean may be hearing more buzz about the rare but deadly act of nature that poses catastrophic risks to coastal regions. If you’re one of those scratching your …
CEO Bob Benmosche says U.S. taxpayers will earn up to $10 billion on the $182 billion rescue of American International Group, the insurance company he runs. Of course, that depends on how one defines “profit.” How much AIG actually borrowed …
