The National Weather Service has issued a high wind warning for coastal areas of Washington State. The warning covers six areas: San Juan County, Whatcom County, Skagit County, the Adiralty Inlet area, the North Coast, and the Central Coast. The …
Credit rating agencies, accused of assigning top ratings to shoddy securities, would be exposed to greater liability under a wide-ranging financial services reform bill released by a leading U.S. senator. The draft bill unveiled last Tuesday would give investors an …
On the eve of the one-year anniversary of the Sayre, Tea and Freeway Fires in Southern California, Insurance Commissioner Steve Poizner announced in a press statement Friday that the California Department of Insurance (CDI) has recovered $16.9 million from insurance …
Torus, has appointed David Whiting as Senior Casualty Reinsurance Underwriter, with immediate effect. He is based in Bermuda, and takes over responsibility for all of Torus Re’s casualty underwriting. Whiting reports directly to Tim Mardon, Torus Re’s President and Chief …
Global insurance broker Willis Group Holdings has appointed Eric Joost as national partner, North American Specialties. He will be based in New York. In his new role, Joost will lead Willis’ client service and product development strategy across many of …
A letter sent to the customers of a parking deck that collapsed last summer blames a bolt for the accident. David Tyndall, whose company leases spaces in the Centergy parking garage, told The Atlanta Journal-Constitution that a bolt at a …
Allied American Underwriters (AAU Comp) of El Segundo, Calif., has a new furniture store program for franchised and non-franchised retail furniture stores. The coverage can include property, general liability, umbrella, workers’ compensation, employee benefits liability, stop gap liability, hired and …
U.S. President Barack Obama and other world leaders on Sunday supported delaying a legally binding climate pact until 2010 or even later, but European negotiators said the move did not imply weaker action. Some argued that legal technicalities might otherwise …
ISO is now offering ProMetrix, a suite of services centered around its property information database that has underwriting and rating data on more than 3 million U.S.-based commercial buildings and their business occupants. ProMetrix customers can access any combination of …
The three largest global insurance brokers – Aon, Marsh and Willis – have given their support to a key stage in further modernizing the Lloyd’s market by agreeing to pilot the Exchange for endorsements using the latest agreed version of …
