The magnitude 6.1 earthquake that struck Northern California in the early hours of Aug. 24 may cause up to $4 billion in economic losses by some estimates – although most of that is believed to be uninsured losses. It was …
Capital Insurance Group, a regional property/casualty insurer serving the Western U.S., has named L. Arnold Chatterton as president and CEO. The decision by the board of directors and the appointment follows Peter Cazzolla’s announcement that he would be retiring his …
Despite big storms and wildfires highlighting the need, home inventories are rare, say insurance industry experts. A recent Allstate Insurance survey of Atlanta homeowners found that while than more than 90 percent of homeowners are concerned about protecting their homes, …
New Mexico’s commuter rail service has received a free ride while taxpayers have shelled out nearly $8 million to settle damage claims against the Rail Runner Express, according to state records. The Rail Runner, until July, didn’t pay premiums for …
Too much heat and too little rain this summer are taking a toll on the winter wheat crop in Eastern Washington. Joel Zwainz in late August estimated that his family’s 3,400-acre farm near Reardan will produce 30 to 50 percent …
A Utah city says it’s not to blame for a landslide that crushed a home in early August and forced evacuations in a mountainside community. No one was injured when the hillside tumbled on Aug. 5 in a subdivision about …
A report by the nonprofit research group Economic Roundtable released over the Labor Day holiday found that one-in-six construction workers in California fell into the state’s “informal economy,” costing the workers’ compensation market $264 million among other hits to the …
Columbia, Mo.-based Cornerstone Management Partners Inc. named William J. Wheeler as the firm’s new chief executive officer. He succeeds Cornerstone founder, President and CEO James C. French. French will remain with Cornerstone Management Partners, and in addition to his role …
Property damage claims resulting from the rioting in Ferguson, Mo., in August are limited primarily to commercial property housing small businesses, according to the state’s chief insurance regulator. “There are no residential losses that we know of,” Insurance Director John …
The Arkansas Insurance Department recently announced insurance policies sold through the Arkansas Health Insurance Marketplace are projected to have a net decrease of two percent in premium costs for 2015. This calculation includes the policies offered through the Arkansas Private …
