Many of the ills of the modern world — starvation, poverty, flooding, heat waves, droughts, war and disease — are likely to worsen as the world warms from man-made climate change, a leaked draft of an international scientific report forecasts. …
People living in flood-prone communities in the Dunloup Creek flood plain in West Virginia have another opportunity to sell their properties to the government. The U.S. Department of Agriculture’s Natural Resources Conservation Service has launched the second phase of the …
Florida’s Office of Insurance Regulation recently issued a final order approving the rate increase of 0.7 percent for workers’ compensation rates in Florida. The approval was issued after the National Council on Compensation Insurance (NCCI) resubmitted a corrected rate filing …
A U.S. housing regulator said on Tuesday that it would ban some fees and commissions that borrowers are compelled to pay when their own home insurance coverage lapses. The Federal Housing Finance Agency said it was aiming to shield homeowners …
A Billings, Mont. woman is charged with drunken driving while taking her 13-year-old daughter and two friends Trick-or-Treating. The Billings Gazette reported 34-year-old Summer Breeze Merrill also is charged with three counts of felony child endangerment. She made an initial …
Alaska has implemented the State Based Systems, an electronic system owned by the National Association of Insurance Commissioners, it was announced on Monday. The purpose of NAIC’s SBS initiative is to provide a comprehensive, internet-based application for state regulators in …
Morgan Stanley, the sixth-largest U.S. bank by assets, said it may be sued by American International Group Inc. over mortgage-backed securities that the insurer bought before the financial crisis. AIG purchased $3.7 billion in mortgage pass-through certificates that were sponsored …
Integro (Canada) Ltd. announced its acquisition of Winnipeg-based Multimedia Risk Inc., an insurance brokerage, which specializes in serving the national and international film and television production industry from offices in Canada and the United States. Financial considerations were not disclosed. …
Aon Risk Solutions, the global risk management business of Aon plc, and XL Group’s Bermuda Insurance Operations, XL Insurance (Bermuda) Ltd. (XLIB), announced a “new stand-alone integrated occurrence product called Catastrophic Integrated Occurrence or CAT IO.” The bulletin said the …
AXA ART Americas Corporation announced the appointment of Roberto Emilio Teixeira as Country Manager for its Brazilian activities. He “will be responsible for all aspects of AXA Art’s operations in Brazil including business development, risk assessment and underwriting,” said the …
