The Alaska House has passed a resolution honoring those who came to the aid of Alaskans following the Great Alaska Earthquake of 1964. HJR23, from Rep. Charisse Millett, would designate this coming March 27 as Good Friday Earthquake Remembrance Day. …
Insurance claims for crop damage due to hail in Montana exceeded $14 million in 2013. The Montana Department of Agriculture told the Great Falls Tribune that’s the most expensive year in the 98-year-history of the state’s crop-hail insurance program. The …
New Jersey residents will be able to comment at three public hearings this week on the state’s plans to spend more than $1.4 billion in Superstorm Sandy recovery aid. The state is holding hearings Tuesday at Stockton University in Galloway …
Cooper Gay Re, part of Cooper Gay Swett & Crawford (CGSC), announced the addition of Agustin De Freitas to their Miami office. As Casualty Broker, he will specialize in Life, Accident and Health within the Latin American regions. De Freitas …
Some flood insurance premiums required under a 2012 law now won’t be raised until the fall of 2015 at the earliest. The Federal Emergency Management Agency (FEMA) said the $1 trillion bipartisan funding bill passed by Congress last month contains …
CNA Financial Corp. said it is selling its life and group insurance business, Continental Assurance Co., to a subsidiary of Wilton Re Holdings Ltd. CNA said it expected net proceeds of about $615 million from the sale and a portion …
The shipping industry is poised to emerge from its longest downturn in three decades, buoyed by an end to years of overcapacity that have depressed freight rates since the end of a shipping boom in 2008. Dry cargo ships are …
The Bermuda-based, London headquartered, Catlin Group announced very good financial results for the year ended December 31, 2013, with a 27 percent increase in profit before tax to $432 million, compared to $339 million in 2012, and a 29 percent …
The Worldwide Broker Network, the network of independent property/casualty brokers and employee benefits consultants, has begun a year-long celebration of its 25th anniversary. More than 90 executives from 27 different European countries gathered at the London headquarters of sponsors Allied …
Severe flooding and landslips cut off rail links to large parts of southwest England for more than 24 hours at the weekend as the government came under pressure for its handling of storms battering Britain. Some areas have been underwater …
