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AAIS Introduces ‘Green’ Coverage Option For Commercial Output Program

The advisory aand policy form organzation American Association of Insurance Services (AAIS) is introducing an optional Green Coverage Endorsement and accompanying schedules under its Commercial Output Program (COP). AAIS develops policy forms and rating information used by more than 600 …

Seattle Arsonist Has Neighborhood on Edge

Hundreds of people attended a community meeting this week in Seattle’s Greenwood neighborhood to hear what police and fire officials are doing about an arson spree. There have been 14 fires in the neighborhood since June 19 and six in …

Fifteenth Car Set Ablaze in Northern California

Police are increasing patrols after an arsonist set another car on fire in Contra Costa County in Northern California. After a car fire in El Sobrante around 5:15 a.m. Tuesday, authorities say at least 15 cars have been torched in …

Sparks to Lead Texas Fire and Casualty Insurers Association

Craig Sparks, president of Union Standard Insurance Group in Irving, Texas, has been elected president of the Association of Fire and Casualty Companies in Texas (AFACT). Sparks, whose term as AFACT president runs for two years, says the industry faces …

National Interstate Expands Crane, Rigging, Heavy Haul Program

National Interstate Insurance Company, based in Richfield, Ohio, has expanded its Titan Group Captive Insurance Program to include general liability coverage. The company said it believes Titan to be the only group captive program on the market designed specifically for …

Somali Pirates Demonstrate Long-range Menace

Anti-piracy measures off Somalia appear to be forcing pirates to extend their range to strike deep into the Indian Ocean, shifting the menace even further from the protection of international naval forces. Gunmen on Monday launched their longest range hijack …

CEO Benmosche Believes AIG Employees’ Compensation Too Low

American International Group Inc.’s tough talking chief executive has reportedly threatened to quit, but the giant insurer, which is showing signs of life after its brush with bankruptcy last year, could do fine without him. Robert Benmosche threatened to quit …

Armistice Day Commemorations in Europe Promise ‘Never Again’

The ceremonies commemorating the end of the First World War, 91 years ago today, took on a special significance this time. They are remarkably uniform throughout Europe. Each of the nations involved in that murderous conflict continues to honor those …

California Prosecutors Won’t Retry Cal Tech Arsonist

Federal prosecutors say they won’t retry a California Institute of Technology graduate student on arson charges for helping firebomb dozens of SUVs in the San Gabriel Valley. Monday’s decision in Los Angeles doesn’t affect the sentence for William Cottrell. In …

Oregon Fines Providence Health

The Oregon Department of Consumer and Business Services (DCBS) recently fined Providence Health Plans $30,000 for mishandling nearly 7,000 claims, according to an Insurance Division press release. “In this tough economy, with health care costs continuing to rise, it is …

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