August 8, 2014
Mississippi Commissioner of Insurance and State Fire Marshal Mike Chaney has promoted Deputy Fire Coordinator Brad Smith to the position of state fire coordinator. The state fire coordinator works with volunteer and career fire departments to improve fire protection capabilities …
August 8, 2014
A Gwinnett County insurance agent currently under investigation by the state insurance commissioner’s office has agreed to surrender his license to sell insurance in Georgia, according to officials. Insurance agent John Paul Kill, 63, signed a consent order on July …
August 8, 2014
A new South Carolina law means drivers who illegally pass a stopped school bus in South Carolina are more likely to get hit in the wallet. The law, signed in June, allows law enforcement to write traffic tickets after reviewing …
August 8, 2014
Yelp Inc. and its executives have been accused in a lawsuit of selling more than $81 million in stock while deceiving shareholders about the quality of consumer reviews on its website. The proposed class action, which was filed in U.S. …
August 8, 2014
Hawaii escaped its first hurricane strike in 22 years as Iselle was downgraded to a tropical storm just before making landfall at the Big Island. Iselle, bearing winds of 60 miles (96 kilometers) per hour, was 80 miles south of …
August 8, 2014
Forecasters with the National Weather Service raised the likelihood for a below-normal season in their most recent Atlantic hurricane season outlook. The update predicts a 70 percent chance of a below-normal season, a 25 percent chance of a near-normal season …
August 8, 2014
According the catastrophe modeling firm AIR Worldwide, strong winds and heavy rainfall from Typhoon Halong have already arrived on Japan’s Daito Islands (about 320 km [200 miles] east of Okinawa), with reports of maximum sustained surface winds of approximately 139 …
August 8, 2014
International insurance brokerage and risk management firm Integro has announced its acquisition of Stonehouse Conseillers Ltd., “a London based specialist insurance broker servicing the needs of commercial film production companies and international advertising agencies.” Financial details of the transaction were …
August 8, 2014
Despite the economic upheavals the European insurance industry has maintained a path of stability and growth, even through times of crisis, according to figures released by Insurance Europe, the European insurance and reinsurance federation. The figures, which included data collected …
August 8, 2014
A.M. Best has affirmed the financial strength rating (FSR) of ‘A’ (Excellent) and the issuer credit ratings (ICR) of “a” of Catlin Insurance Company Limited (CICL) (Bermuda), Catlin Insurance Company (UK) Ltd. and Catlin Re Switzerland Ltd. Best also affirmed …