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California Governor Vetoes Sex Abuse Lawsuit Bill

Gov. Jerry Brown vetoed a bill Saturday that would have allowed some lawsuits victims who are now barred by the statute of limitations to file lawsuits against private institutions that employed their abusers. Brown said he vetoed the bill because …

Top Excess & Surplus Insurers by Market Share: SNL

Typhoon WiphaThreatens Japan; Precautions at Fukushima Nuclear Plant

A once-in-a-decade typhoon threatened Japan on Tuesday, disrupting travel and shipping and forcing precautions to be taken at the wrecked Fukushima nuclear power plant. Typhoon Wipha is moving across the Pacific straight towards the capital, Tokyo, and is expected to …

Rule on Requiring Lenders to Accept Private Flood Insurance Proposed

Five federal regulatory agencies are considering a rule that could boost sales of private flood insurance. The proposal would require lenders to accept private flood policies to satisfy the mandate that certain homebuyers in flood hazard areas purchase flood insurance. …

Hurricane-Proof Church a Safe Haven on Gulf Coast

God is a mighty fortress, the old hymn goes, and the same could be said for Romar Beach Baptist Church. With concrete walls more than a foot thick and pilings driven deep into bedrock, the waterfront church just yards from …

Despite Recent Tennessee Tragedy, Progress Made on Reducing Fire Deaths

Gary Vaughn was mentally ill and homeless, but neighbors on Humber Street in South Memphis had known him for years and took care of him. On the evening of Sept. 28, they saw smoke and flames erupting from the abandoned …

Colorado Agent’s Association Names Wright Executive Vice President

The Professional Independent Insurance Agents of Colorado named Dot Wright its executive vice president following a national search ongoing since mid-May. Wright starts Nov. 1. She comes to PIIAC from the Arvada Chamber of Commerce. Wright follows as head of …

Swiss Re Report on France Highlights Economic Concerns

France’s current economic concerns overshadow fears for longer-term issues, according to a risk perception survey, commissioned by Swiss Re, released at a conference held in Paris last Thursday. Swiss Re concluded that “out of a total of 19 markets surveyed, …

Australia Weather Bureau Forecasts up to 11 Cyclones in Storm Season

Australia can expect an average cyclone season with up to 11 tropical storms, four of them severe, in the next six months, the Bureau of Meteorology forecast said on Monday. Australia’s cyclone season runs from Nov. 1 to April 30 …

Mass Evacuation Saves Lives as Cyclone Phailin Strikes India

A mass evacuation saved thousands of people from India’s fiercest cyclone in 14 years, but aid workers warned a million would need help after their homes and livelihoods were destroyed. Cyclone Phailin was expected to dissipate within 36 hours, losing …

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