A tropical cyclone forced Australia’s second-biggest coal port to close on Friday, bringing millions of tons of coal shipments to a halt and threatening to damage thousands of acres of sugar-cane fields. Australia’s Dalrymple Bay coal terminal ceased operations due …
Iowa lawmakers worked March 17 to hammer out differences in two bills restricting drivers from sending or reading text messages. The legislation also would ban all cell phone use by drivers under 18 years old. The House and Senate previously …
Members of the World Trade Organization are likely to conclude next week that it will take a political miracle to agree a new trade deal this year, consigning yet another Doha round deadline to the dustbin. The U.S. and European …
Mike Moran has been named as managing director of national specialty brokerage business and eastern region executive for Bliss & Glennon Inc. (B&G), the wholesale property and casualty division of Fortegra Financial. Moran has more than 30 years experience in …
Congressional Democrats have unveiled the final changes to a sweeping healthcare overhaul they hope will clear the U.S. House of Representatives on Sunday. Democrats are using a two-step process that involves the House approving the Senate-passed version of the bill …
The Porsche Carrera GT2 two-door coupe is the most expensive vehicle to insure among 2010 models, according to Insure.com’s annual ranking of average car insurance premiums. According to the company’s ranking, a 40-year-old male would pay a national average of …
The California Department of Insurance has launched an official Twitter account, @CDInews. “I am always looking for new ways to reach out to and engage more consumers, and I am glad that we can take advantage of an innovative tool …
Bruce Burdett, an insurance executive with 38 years of industry experience, has been named president of Statewide Operations for Texas-based Frost Insurance, the insurance subsidiary of Frost Bank. Burdett joined Frost Insurance in July 2005. Most recently, he held the …
French reinsurer SCOR Group announced that based on preliminary estimates, it expects its related costs from the earthquake in Chile and Windstorm Xynthia to be approximately €95 million ($130 million) net pre-tax, which “represents approximately 3 percent of the projected …
When the swollen Red River threatened his house in Moorehead, Minn., last spring, all Mark Baumgardner could do was pack up, leave and hope he wouldn’t lose everything, since didn’t have flood insurance. In the end, his house was spared. …
