Latest Alaska Headlines

All the headlines from our Alaska Topic Page, ordered by recency.

BP to Pay $85 Million to Settle Alaska Oil Spill Case

May 5 2011 // BP has agreed to pay a $25 million civil penalty, as well as spend $60 million on enhanced safety measures, to settle a federal probe of a pipeline oil spill on Alaska’s North Slope in 2006, the U.S. government...

Ark. Deputy Commissioner Named Outstanding CPA in Government

Apr 4 2011 // State Insurance Commissioner Jay Bradford announced that Mel Anderson, the deputy commissioner for Financial Regulation at the Arkansas Insurance Department, has been selected by the Arkansas Society of Certified Public...

My New Markets

Apr 4 2011 // Energy Market Detail: Victor O.Schinnerer’s energy and utilities program, Energy P&C offers coverage to companies involved in public utilities, oil and gas, pipeline operations, as well as HVAC contractors, and...

U.S. Coastlines Should Be Prepared for Potential Tsunamis

Mar 23 2011 // In the wake of Japan’s tsunami disaster, the National Oceanic and Atmospheric Administration (NOAA) is urging Americans who live and vacation at the coast to take the threat of tsunamis seriously. With more coastline...

Alaska House Approves Updated Workers’ Comp Fee Schedules

Mar 23 2011 // The Alaska State House of Representatives has passed legislation to modernize the state’s workers’ compensation procedural fee schedules. House Labor & Commerce Committee Chair Rep. Kurt Olson, R-Kenai,...

My New Markets

Mar 21 2011 // Behavioral Health Care Market Detail: Negley Associates is underwriting manager for A+XV Rated carrier. Coverages include workers’ comp, professional and general liability, directors and officers (including EPLI),...

Judge Won’t Order Additional Damages Against Exxon for Valdez Spill

Mar 8 2011 // A federal judge has refused to order Exxon Mobil Corp. to pay an additional $92 million sought by the U.S. government and state of Alaska to address lingering damage from the 1989 oil spill in Prince William Sound. U.S....

New Markets

Dec 20 2010 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Valet Parking Companies Market Detail:...

Alaska Loses Claim Against BP for Lost Taxes from 2006 Oil Spill

Dec 15 2010 // An Alaska judge has dismissed the state’s claim that BP owes several hundreds of millions of dollars in tax revenues the state claims it lost when the Prudhoe Bay oil field was partially shut down in 2006 because of...

New Markets

Dec 5 2010 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. A-Side Directors & Officers Market...

Business Moves

Nov 14 2010 // Union General Insurance Services Union General Insurance Services of Concord, Calif., opened a Southern California branch office to enhance its service and marketing capabilities to retail producers. The operation will be...

New Markets

Nov 14 2010 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Hotel/Motel Program Market Detail:...

Business Moves

Nov 14 2010 // Ohio Mutual, Casco Indemnity Ohio Mutual Insurance Group (OMIG) agreed to acquire N.E. Corp. and its wholly-owned subsidiary Casco Indemnity Co., a property and casualty insurer located in Saco, Maine. The transaction is...

Western National Insurance Purchases Umialik Insurance

Nov 4 2010 // Western National Insurance Group of Edina, Minn., has signed a definitive agreement for the purchase of 100 percent of the stock of Anchorage, Alaska-based Umialik Insurance Co. from UkpeaÄ¡vik Iñupiat...

National Alliance, Univ. of Central Ark. to Offer Insurance Designation

Sep 10 2010 // The National Alliance for Insurance Education & Research, in partnership with the University of Central Arkansas, will offer the University Associate Certified Insurance Counselor (UACIC) designation for university...

Special Reuters Report: Oil Spill a Gusher for Lawyers; Litigation May Take Years

Jun 30 2010 // BP payout should far exceed what Exxon spent on Valdez The company’s $20 billion fund may not be enough Accountability may take years if not decades to assess Many federal laws allow civil, criminal liability From a...

New Markets

Jun 7 2010 // The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Speaker and Entertainer No-Show,...

BP Shareholder Sues, Alleging Mismanagement of Oil Spill

May 21 2010 // A BP Plc shareholder in Alaska Thursday sued the corporation’s chairman and board members, alleging the officials’ mismanagement led to the disastrous Deepwater Horizon rig explosion and spill and have devalued...

Ratings Roundup: Reserve National, Alaska Timber, State Farm (NJ)

Apr 29 2010 // Standard & Poor’s Ratings Services is keeping its ‘A’ counterparty credit and financial strength ratings on Reserve National Insurance Co. on CreditWatch with negative implications. “We had...

First Tsunami Awareness Week: States To Test Communication System

Mar 22 2010 // In the wake of last month’s tsunami in Chile and less than six months after a tsunami hit American Samoa — both events that resulted in loss of life and property — The National Oceanic and Atmospheric...