Police in a small village in Michigan’s Saginaw County have resumed patrols after securing liability insurance. Oakley Police Chief Robert Reznick obtained the insurance and reinstated patrols over the weekend. The Oakley Board of Trustees voted 5-1 last week to …
Arkansas Insurance Commissioner Jay Bradford is alerting insurance agents, agencies and others that the Arkansas Insurance Department (AID) is converting to a new State Based Systems (SBS) which will mean a temporary stoppage in the processing of appointments, renewals and …
Pickup trucks have become a favorite target by vehicle thieves according to a new report released by the National Insurance Crime Bureau (NICB). Between Jan. 1, 2010 and Dec. 31, 2013, 9,441 pickup trucks were reported stolen. Full-sized pickup trucks …
Chicago, Ill.-based Berkley Fire and Marine Underwriters hired Chris Beckman as operations and risk management director. He is based in Cincinnati, Ohio. Beckman will be responsible for underwriter support in systems, risk management and risk control efforts for the company. …
Occidental Petroleum Corp.’s chemical unit agreed to pay $190 million to cover its liability for the cleanup of the Passaic River in northern New Jersey, state officials said. Occidental Chemical is the legal successor to Diamond Shamrock Chemical Co., which …
Uber Technologies Inc. won the reversal of a nationwide ban in Germany of the company’s ride-hailing app after judges said a group of taxi dispatchers improperly used emergency procedures to obtain the initial court order. While the judges still think …
BP Plc, which already has paid more than $28 billion for the 2010 Gulf of Mexico oil spill, seeks to get a $750 million chunk of that back by convincing a Texas court that a missing comma may give the …
The world’s biggest reinsurers, pushed by rising competition in existing markets, are preparing to insure against Dutch floods, a peril that centuries of experience have warned most in the Netherlands against. Swiss Re Ltd., the No. 2 reinsurer, is ready …
Small business insurer EMPLOYERS has launched Coventry/NT24, a 24-hour hotline staffed by registered nurses who provide medical guidance over the phone for work-related injuries or illnesses. The service is available to EMPLOYERS workers’ compensation policyholders in Florida. Coventry/NT24 is staffed …
Fireman’s Fund has unveiled new coverages and enhancements to its Prestige Home Premier product, now available in six states and filing nationwide through 2016. Homeowners in Arizona, Colorado, Connecticut, Illinois, Missouri, and Oregon are now eligible for the new product, …
