Thousands of Coloradans could face major cost increases for their flood insurance, just as many are trying to decide whether to rebuild or move on after the devastating September flooding. More than 5,700 federally subsidized policies in Colorado could be …
As the final hours of Malaysian Air Flight MH370 remain wrapped in mystery, the question of who bears full liability for the jet’s disappearance is also unresolved. This much is clear: Families of the 227 passengers aboard the flight that …
A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a+” of the members of the Markel North America Insurance Group, as well as the FSR of ‘B++’ (Good) and the ICR …
A new U.S. anti-tax evasion law, set to take effect on July 1, will encounter “inevitable glitches,” said the head of the U.S. Internal Revenue Service on Monday, adding that the IRS will be sympathetic to banks doing their best …
If President Barack Obama’s signature health-care law unravels, it could be for want of a single number in crucial passages of the 2,409-page statute. The missing number, 1321, refers to a section of the Patient Protection and Affordable Care Act …
The world is “woefully unprepared” for the threat to food security from drought and flooding brought on by a warming climate, the development charity Oxfam said. In addition to extreme weather patterns, more marginal shifts such as small increases in …
The Intergovernmental Panel on Climate Change (IPCC) announced that government representatives and scientists opened a five-day meeting today, which aims to “finalize a report assessing the impacts of climate change on human and natural systems, options for adaptation, and the …
Steve Hearn, Deputy CEO of Willis Group and Chairman of the London Market Group, has launched the organization’s 2014 agenda. Addressing an audience of senior market figures in the Willis Auditorium, he announced that the LMG would be expanding its …
When Mitch Haddad and his brother began rebuilding their family’s oceanside restaurant in Marshfield, Massachusetts, they decided to take no chances. The restaurant, which had been in the family for more than 70 years, routinely flooded — 25 times in …
Arthur J. Gallagher & Co. announced that it has acquired Spataro Insurance Agency Inc. located in Burnt Hills, New York. Terms of the transaction were not disclosed. Founded in 1932, Spataro Insurance Agency is a retail insurance broker providing property/casualty, …
