July 1, 2010
Western National Insurance Group, headquartered in Edina, Minn., announced that it has expanded its personal lines program to begin serving customers in the Iowa. Effective immediately, the carrier’s personal insurance products — personal auto, homeowners, dwelling property and personal umbrella …
July 1, 2010
The former head of the AIG unit that nearly crippled the insurer said the 2008 taxpayer bailout of up to $182 billion was too generous to customers like Goldman Sachs. Goldman Sachs, in turn, insisted it simply followed its agreement …
July 1, 2010
UNFCU Financial Advisors, a United Nations Federal Credit Union-owned company, has partnered with Clements International to offer an international term life and personal accident insurance program to meet the needs of its members in the field, many of whom work …
July 1, 2010
Hurricane Alex weakened to a tropical storm Thursday as it moved further inland over northeastern Mexico, dumping heavy rains that flooded cities but sparing U.S. oil facilities near its path. Rain from the first named storm of the 2010 Atlantic …
July 1, 2010
Texas Attorney General Greg Abbott has advised South Texans affected by Hurricane Alex that Gov. Rick Perry’s disaster declaration activates state laws that prohibit price gouging. Hurricane Alex had developed into a Category 2 storm with 105 mph winds by …
July 1, 2010
Plans to crack down on seven West Virginia coal mines with a history of excessive health and safety violations were dropped because of a lack of money, the industry’s chief federal regulator said this week. The West Virginia mines are …
July 1, 2010
Fireworks fans may get a bang for their buck as they light up the skies this Fourth of July weekend, but the unsafe use of fireworks comes with a hefty price tag — both in terms of fire property loss …
July 1, 2010
Absent-minded iPhone users can now insure their devices against loss or accidents. But with a $12 monthly fee and a $199 deductible for the latest model, it might make more sense to just learn to be careful. Asurion, an insurer …
July 1, 2010
Goldman Sachs officials insisted demands for billions of dollars from insurer AIG ahead of a $182-billion government rescue package were based on legitimate market prices and denied gaming values for a massive payout. Members of the Financial Crisis Inquiry Commission …
July 1, 2010
The U.S. Senate last night approved a temporary reauthorization of the federal flood insurance program until Sept. 30. The reauthorization of the National Flood Insurance Program (NFIP) is retroactive to June 1, the date the program was halted. The unanimous …