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East Coast States Totaling Damage from Nor’easter

It was a desperate, ultimately futile battle — machine against nature — and Ocean City kept it up long after the outcome had been decided. As wave after wave pummeled the beachfront during last week’s powerful nor’easter, more and more …

Federal Judge Holds Corps Responsible in Katrina Flooding Case

A federal judge in Louisiana has ruled that the U.S. Army Corps of Engineers’ failure to properly maintain and operate the Mississippi River-Gulf Outlet MRGO was a substantial cause for the flooding of part of the New Orleans-area during Hurricane …

Hawaii Unscathed by Hurricane Season

Hawaii is escaping the 2009 hurricane season unscathed unless a last-minute storm strikes. There are about two weeks remaining in this year’s hurricane season, which ends Nov. 30. But officials at the Central Pacific Warning Center remain wary of new …

Arizona Wrangles with $2 Billion Shortfall

Arizona legislators began a special session Tuesday mostly aimed at reducing the state’s $2 billion budget shortfall but also to resolve issues related to foreclosures and research funding. The House and Senate convened just hours after Gov. Jan Brewer issued …

California Faces $20 Billion in Red Ink

The California Legislative Analyst’s Office issued a report yesterday that says the state’s General Fund is going to come up $20 billion short when its present budget ends. The report says officials are going to need to deal with this …

House, Senate Healthcare Bills Have Major Differences

The healthcare legislation released by the Senate’s Democratic leaders Wednesday resembles a bill passed by the House of Representatives on Nov. 7 in many ways but there are some major differences between the two. The Senate has yet to begin …

Aon UK Names Allen New CFO

Aon Limited, the UK division of Aon, has appointed Simon Allen as chief operating officer, subject to the approval of the Financial Services Authority (FSA) He will also join Aon Limited’s board of directors. The announcement noted Allen’s “significant operational …

Franklin Mutual Offers InsurCard Program in New Jersey

Homeowners policyholders of New Jersey’s Franklin Mutual Insurance will have access to a debit card-style program that allows them to more quickly pay claims on their policy. The card, known as InsurCard, is a pre-paid card created specifically to distribute …

Chubb Encourages Chinese Firms to Adopt Risk Management Practices

Chubb Group recently co-hosted a seminar near Shanghai, which focused on the “increasing number of Chinese exports exposed to product liability claims and litigation in the United States and Europe.” As a result presenters called for Chinese companies to make …

Main Street America Launches Personal Lines System in Michigan

The Main Street America Group has introduced its new Main Street Connection for Personal Lines quoting and policy issuance system in Michigan. The super regional’s independent insurance agents now have 24/7 access to Main Street Connection for Personal Lines to …

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