The earthquake that struck Haiti may have caused hundreds of millions of dollars in damages, according to risk assessor Eqecat, which will likely lead to losses even for insurers of well-designed buildings. Eqecat said Tuesday hours after the magnitude 7.0 …
Colemont Insurance Brokers has promoted Tara Plourde to broker in the company’s Hartford, Connecticut office. She joined Colemont in 2008. Prior to Colemont, she was a commercial lines underwriter at a standard lines carrier. Tara specializes in casualty accounts, focusing …
The insurance industry is unlikely to face large losses from a major earthquake that struck Haiti Tuesday, because many properties in the impoverished country lack insurance coverage, according to catastrophe modeler Risk Management Solutions. “The impact to the insurance industry …
Former state Rep. Loranne Ausley is running for chief financial officer. Ausley is the only major Democrat now seeking the seat Alex Sink is giving up to run for governor. Ausley, 46, of Tallahassee served in the House for eight …
Traumatized Haitians slept out in parks and streets Thursday, fearing aftershocks to the catastrophic earthquake that flattened homes and government buildings and buried countless people. Tens of thousands of people were feared dead and many were believed to be still …
Maine-based insurer Acadia Insurance said it is now offering a complete range of bundled products for the agribusiness industry throughout New England and New York. Acadia’s agribusiness target markets include: horse, dairy, cattle, sheep, grain, hay, wheat, vegetable, tree and …
Companies pledged millions of dollars in aid Wednesday to help victims of a powerful earthquake in Haiti that devastated much of the impoverished country’s capital and killed thousands. Digicel Group, a top mobile phone operator in Haiti, said it would …
Here’s something you don’t often see in this town at the heart of the state’s $9 billion citrus industry: a sign at the public library that says, “ICE! On sidewalk. Be careful!” Growers were scrambling this week to assess damage …
The Progressive Insurance Automotive X PRIZE has chosen the state of Michigan to host a multi-stage competition that aims to pit some of the world’s most fuel efficient vehicles against one another in a quest to win their share of …
Former AIG chief Maurice “Hank” Greenberg is campaigning for the U.S. government to cut its stake in the insurer to less than 20 percent, saying this would attract new capital to AIG and help taxpayers fully recoup bailout money it …
