Idaho’s Sun Valley Insurance is doing everything it can to keep claims at bay during wildfire season — including sending in a fire truck to cover million-dollar homes threatened by a wildfire outside the central Idaho resort town of Ketchum. …
Certain trial exhibits that were elemental in a recently settled wind vs. water case in Louisiana must remain part of the public record, a Louisiana district court judge ruled. United States District Judge Sarah Vance in New Orleans on Aug. …
With $7.3 billion in premium, Liberty Mutual Agency Markets becomes the largest regional independent agency force Boston-based insurance giant Liberty Mutual Group is now the largest regional provider of property and casualty insurance distributed through independent agents in the country. …
The California State Compensation Insurance Fund has selected Janet Frank to be its new president. Frank, currently executive vice president of North American Field Operations for CNA Financial, is scheduled to begin working at SCIF in October. SCIF noted it …
Many in the financial industry are speculating what could happen to insurance companies as a result of the subprime mortgage mess, but the truth is it may be too soon to tell. One of the hardest-hit lenders, Countrywide Financial Corp. …
For agents, the Liberty Mutual Agency Markets acquisition of Ohio Casualty promises to be a matter of addition, not subtraction. For the most part, Ohio Casualty’s 3,400 agents will join with and not replace or be replaced by Liberty Mutual’s …
42. The percentage drop in securities class actions, which have fallen well below historical averages. According to the report, the 59 filings recorded in the first half of 2007 was down from the average semi-annual filing rate of 101 reported …
$40.6 billion paid on 1.7 million insurance claims Two years after Hurricane Katrina struck, the “overwhelming majority of claims” in Gulf Coast states from her destruction have been settled in what has been the single largest loss — $40.6 billion …
“Rolling NBCR [nuclear-biological-chemical-radioactive coverage] into terrorism coverage will likely result in significantly increased premiums and would likely have the unintended consequence of reducing the take-up rate for terrorism insurance. Requiring any retention of NBCR risk by primary insurers (even where …
Boise, Idaho native Madeleine Sheils finished with a total of 9-over-par 293 to claim a two-shot victory in the 2007 Trusted Choice Big “I” Junior Classic. In the boys’ division, Tommy Gibson of Pilot Mountain, N.C. shot his third-consecutive round …
