June 18, 2007
U.S. Sen. Lamar Alexander, R-Tenn., is pressing the Bush administration to fully fund a compensation program for sick nuclear weapons workers and calling for Senate hearings on why claims have been delayed. “It has come to our attention that critical …
June 18, 2007
The leaders of a special Rhode Island House commission studying the effects of natural disasters on property insurance costs have introduced legislation they say is aimed at protecting coastal homeowners from “unreasonable” rate hikes to insure their homes for hurricane …
June 18, 2007
Consumer advocates have filed a challenge to block a proposed 25 percent increase in Fireman’s Fund’s earthquake rates in California, a move that they say could save each of the company’s earthquake customers $356 a year. The nonprofit Foundation for …
June 18, 2007
State Farm will be able to cut its car insurance rates by about 16 percent on average if lawmakers do not continue the state’s no-fault accident system, state insurance regulators ruled recently. The Office of Insurance Regulation granted State Farm’s …
June 18, 2007
Marsh & McLennan Companies has vigorously defended its use of photographs in a recent ad campaign against the suggestion in a New York newspaper article that they contain images of the Twin Towers of the World Trade Center. The risk …
June 18, 2007
Yet risk managers say keeping workers safe and costs down still major concerns California employers and insurers have started to see — and should continue to see — significant results from workers’ compensation reforms enacted in 2005, according to the …
June 18, 2007
The National Hurricane Center has identified the names that will be used during 2007 to designate storms. Names of storms that are particularly destructive or deadly are retired and replaced. Names beginning with the letters Q, U, X, Y and …
June 18, 2007
Violent crime increased 1.3 percent in 2006 when compared with data from 2005. However, property crime decreased 2.9 percent for the same time period, according to the FBI. Violent crime was up, except in the Northeast. Motor vehicle thefts went …
June 18, 2007
A large percentage of U.S. homeowners mistakenly believe that standard homeowners insurance protects them from an array of perils, according to research by the National Association of Insurance Commissioners, which recently hosted its summer conference in San Francisco. Yet, typical …
June 18, 2007
Springdale, Ark.-based Tyson Fresh Meats Inc. (www.tyson.com) on June 8 recalled more than 40,000 pounds of ground beef shipped to Wal-Mart stores in 12 states after samples tested at a Sherman, Texas, plant showed signs of E. coli contamination. No …