October 21, 2013
Almost a year after Superstorm Sandy, parts of New York and New Jersey are still recovering from billions of dollars in flood damage. And a new study says that in the future, storms smaller than Sandy may be able to …
October 21, 2013
A Florida man who worked for a now-defunct southern New Jersey construction company has been sentenced to seven years in state prison for his role in a home-repairs scam.. The New Jersey attorney general’s office’s insurance fraud division says Marcin …
October 21, 2013
A settlement has been reached with the owner of a former asbestos mine in northern Vermont to help cover the costs of some pollution controls. Vermont Asbestos Group also has agreed to pursue $3.5 million in insurance money that could …
October 21, 2013
The top New York court says property insurance against vandalism includes coverage for malicious damage that isn’t specifically aimed at the insured property. The ruling comes from a claim by Georgitsi Realty, owner of a four-story apartment building in Brooklyn, …
October 21, 2013
A new study shows 137,800 low-income Mississippians fall into a health insurance “coverage gap.” They’re currently uninsured. They earn too much to enroll in Medicaid but too little to qualify for government subsidies that would reduce their cost of buying …
October 21, 2013
As federal health officials work around the clock to fix technology glitches plaguing the website where U.S. citizens can obtain health insurance under the new federal law, many Floridians still have little understanding of how the law works. Trained counselors …
October 21, 2013
Alabama has received a federal grant of nearly $636,000 to help homeowners in the state’s two coastal counties retrofit their homes against wind damage. State officials and officials from Mobile and Baldwin County announced the grant last Friday in Mobile. …
October 21, 2013
A.M. Best Co. has affirmed the financial strength rating of ‘A-‘ (Excellent) and issuer credit rating of “a-” of Puerto Rico-based QBE Optima Insurance Company, both with stable outlooks. The ratings of QBE Optima reflect its “solid risk-adjusted capitalization, profitable …
October 21, 2013
The European Union and Canada agreed a multibillion-dollar trade pact on Friday that will integrate two of the world’s largest economies and pave the way for Europe to clinch an even bigger deal with the United States. The deal will …
October 21, 2013
“I don’t think there have been any big changes between Monte Carlo and Baden-Baden,” said James Vickers, chairman of Willis Re International. This isn’t that surprising, given that the two reinsurance meetings are only a little more than a month …