Nevada may be the third most-active state for earthquakes after California and Alaska, but most homeowners don’t purchase earthquake insurance coverage. earthquake country, but what many people In light of Nevada Earthquake Awareness and Preparedness Week (Feb. 22-26), the Division …
Specialty insurer Valiant Insurance Group, Inc. reported that James Lubeck has joined as vice president of the Management Liability Division. In his new role, Lubeck will focus on new business production and the expansion of the management liability book of …
A.M. Best Co. has downgraded the financial strength ratings to ‘B++’ (Good) from ‘A-‘ (Excellent) and issuer credit ratings to “bbb” from “a-” of Western Insurance Company (WIC) and Western Bonding Company (WBC), both of Reno, Nevada, and has revised …
One of the strongest earthquakes ever recorded struck the central coast of Chile early Saturday morning, February 27. The U.S. Geological Survey (USGS) measured the magnitude at 8.8 with severe “shaking intensity” extending nearly 500 kms (app. 300 miles) from …
Insured losses in Kansas in 2009 that resulted from storms are higher than the record set during 2008, the Kansas Insurance Department reports. In 2009, storm-related losses based on some 137,000 insurance claims are estimated at $602 million. The losses …
London-based Jubilee Managing Agency has announced the next stage of its strategic growth plans with new senior appointments. Clive Buesnel will join Jubilee as Group Chief Executive Officer, effective May 1, 2010. Jubilee’s bulletin noted that he “was one of …
Insurance agents with customers waiting to be covered in the federal flood insurance program should tell those customers about the program’s suspension, an insurance expert is advising. As reported by Insurance Journal, the program could be in limbo for about …
A powerful Atlantic storm, named Xynthia, struck along the western coast of Europe Saturday night and most of Sunday, leaving at least 50 people dead in its wake. The storm packed sustained winds over 140 kmh (87.5 mph) as well …
Louisiana Gov. Bobby Jindal said a partnership agreement between the Coastal Protection and Restoration Authority (CPRA) and the South Lafourche Levee District will dedicate $19.8 million in state surplus funds to make significant improvements to Lafourche Parish’s hurricane protection system. …
The former chief of the New Sight Volunteer Fire Department has been charged with embezzlement. District Attorney Dee Bates told the Brookhaven Daily Leader that 37-year-old Mike Boyd was being held in the Lincoln County Jail on $100,000 bond after …
