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 …
EPIC (Edgewood Partners Insurance Center), a retail property/casualty and employee benefits insurance brokerage, has hired Sarah Dodge as benefits technology specialist in the company’s Employee Benefits Consulting Division. Dodge adds significant benefits, human resources management system and payroll administration knowledge …
Tower Group Inc. has completed its acquisition of the personal lines business of OneBeacon Insurance Group for $167 million. The completed transaction includes the acquisition by Towers of Massachusetts Homeland Insurance Co., York Insurance Co. of Maine and two management …
Four people have been arrested in North Carolina for their alleged involvement in a series of automobile insurance fraud schemes worth more than $9,000, according to state officials. Insurance Commissioner Wayne Goodwin said each was processed at the Pitt County …
Troubled coal producer Massey Energy Co. has taken legal action against the industry’s chief safety regulator for the second time in a week. Massey said it is appealing a federal Mine Safety and Health Administration order covering what the company …
Wisconsin Commissioner of Insurance Sean Dilweg announced he has formed an Advisor Council to assist in the process of rehabilitating the Segregated Account of Ambac Assurance Corp. (AAC). The Council, composed of nine members with experience in all aspects of …
New building codes for newly-built one-and two-family residences in Tennessee have taken effect. The provisions are the result of the Tennessee Clean Energy Future Act. The State Fire Marshal Office said its code enforcement program will begin in October. In …
The Deepwater Horizon oil spill in the Gulf of Mexico is not simply a random accident. There will be more of these spills to come, as the days of easy oil are over, says an anthropologist at Washington University in …
Officials from Washington, D.C.’s Metro service say families of the nine people who died in last year’s crash are eligible for a $50,000 insurance benefit. Metro said that Chartis, its excess liability insurance carrier, indicated that coverage is applicable in …
A U.S. Senate committee Wednesday voted to eliminate limits on liability that oil companies would face for damages stemming from offshore spills like the one in the Gulf of Mexico. The change, if approved and made law, would apply retroactively …
