May 16, 2013
A trans-Atlantic divide between European and U.S. retailers over how best to respond to fatal disasters in Bangladesh textile factories split wide open on Wednesday, with U.S. retailers claiming their European counterparts are giving labor unions too much control over …
May 16, 2013
British oil company BP wants Prime Minister David Cameron to intervene with the U.S. government over the escalating cost of compensating U.S. companies for the Gulf of Mexico oil disaster in 2010, the BBC reported Thursday. BP is still fighting …
May 16, 2013
Liberty International Underwriters (LIU), part of the Global Specialty unit of Liberty Mutual Insurance, has launched a new policy designed to cover marine liability and property related risks for small and mid-size marine businesses owners and operators. The new policy, …
May 16, 2013
Smoke alarms are on the way for clients who are provided services by H.A.N.D. and Faith in Action Caregivers in Austin, Texas. The donations are courtesy of the Austin Fire Department and the Insurance Council of Texas. Austin Fire Battalion …
May 16, 2013
Missouri lawmakers have approved a bill creating a $15 million fund to repair infrastructure in areas where the president has issued a disaster declaration. The measure is meant chiefly to help Joplin rebuild street curbs and gutters damaged or destroyed …
May 16, 2013
The Oklahoma Insurance Department announced that its Consumer Assistance Division recovered $1,088,844 for Oklahoma consumers in the first quarter of 2013. Between Jan. 1 and April 30, the Consumer Assistance Division closed 1,149 complaints, assisted more than 8,500 consumers over …
May 15, 2013
Western Dakota Insurors in Rapid City, South Dakota, announced it has added Glen Schmeltzer as a new producer. Schmeltzer is licensed in property/casualty and life/health insurance, and his experience includes insurance sales and service for personal and commercial clients. Schmeltzer …
May 15, 2013
The U.S. government will use classified information about software vulnerabilities for the first time to protect companies outside of the military industrial complex, top officials told Reuters this week. Secretary of Homeland Security Janet Napolitano said that a system being …
May 15, 2013
The Travelers Insurance Cos. has launched an interactive, on demand service for property and casualty insureds looking to manage and mitigate their business risks. The new service, called Risk Control OnDemand, connects Travelers risk experts with insureds through screen share …
May 15, 2013
Delaware’s state task force charged with examining Delaware’s workers compensation insurance rates published a report and 18 recommendations to address double-digit rate increases in recent years. The task force, led by Delaware Lieutenant Governor Matt Denn, was established earlier this …