June 1, 2010
U.N. climate talks opened on Monday, exposing familiar rifts between rich and poor countries which delegates said were likely to delay a re-start of formal negotiations. The 185-nation Bonn conference, which will run until June 11, is the biggest international …
June 1, 2010
All Wisconsin drivers must carry auto liability insurance starting June 1, but it’s unclear how many will follow the law. Only about 15 percent of the state’s drivers are currently uninsured, which is roughly the same percentage as the national …
June 1, 2010
Catastrophe risk modeling firm AIR Worldwide has released a report that examines the implications of the Gulf oil spill on the upcoming hurricane season as well as indications of what this might mean to wildlife, ecosystems, business, and insurance interests. …
June 1, 2010
Louisiana lawmakers have agreed to a $68 million, five-year contract to hire a Mandeville company to run much of the claims processing and management currently handled by the state’s Office of Risk Management. The risk management office is the state’s …
June 1, 2010
Carol Terrebonne, a wholesale retailer who buys shrimp off the boats in southern Louisiana, laughs when asked about the $5,000 hardship payout she has received from energy giant BP to cushion the economic impact of the Gulf oil spill. “It …
June 1, 2010
Royanna G. Carle of Berkley Risk Administrators Company LLC has been installed as president of the Minnesota Chapter of the Chartered Property Casualty Underwriters Society. Other elected and installed officers for 2010-2011 are: Vice-President Gary Pasterik, Western National Insurance Group; …
May 28, 2010
It’s been more than 1,600 days since Florida was hit by a hurricane, and that one — Wilma — walloped Natalie Premock’s home. But since then, nothing. And time has faded memories. The 31-year-old mortgage processor and her husband now …
May 28, 2010
The Ohio Department of Insurance has revoked the licenses of two troubled insurance companies: Imperial Casualty and Indemnity Co. of Oklahoma City, Okla., and Atlantic Mutual Insurance Co. (AMIC) of New York, N.Y. In March 2010, the District Court of …
May 28, 2010
One of just two major makers of emergency air packs for U.S. coal mines has stopped selling the devices because they often don’t automatically start and the industry fears it will lead to a shortage, officials said. Underground mines must …
May 28, 2010
Legislation that would allow law enforcement in Oklahoma to impound uninsured vehicles is one step away from becoming law. House Bill 2331, by state Rep. Steve Martin and state Sen. Gary Stanislawski, passed the Oklahoma House of Representatives 93-3 and …