August 14, 2013
Florida Chief Financial Officer Jeff Atwater has tapped Chris Gardner to be the new chair of the Citizens Property Insurance Corp. board of directors. Gardner has been a member of the Citizens board since July 11, 2011. He replaces outgoing …
August 14, 2013
Connecticut Gov. Dannel P. Malloy said Monday he expects the state will soon begin collecting applications for federal financial assistance from homeowners and small business affected by last year’s Superstorm Sandy. Appearing with Department of Housing and Urban Development Secretary …
August 14, 2013
An official at a resort near Orlando, Fla., where a 100-foot sinkhole has swallowed part of a villa has said he’s awaiting the results of inspections to determine if there’s been damage to two other buildings there. Summer Bay Resort …
August 14, 2013
The State Bureau of Investigation said that the agency and its insurers have agreed to pay more than $12 million to two men who spent a combined 31 years behind bars for crimes it was later found that they didn’t …
August 14, 2013
Tax credits to buy medical coverage next year will average $2,672 per family under President Barack Obama’s health care system overhaul, a benefit that will make the plans more affordable than some critics have predicted. The subsidy should reduce the …
August 14, 2013
Power companies should be pressed by government to install technologies including smart meters and energy-storage devices to shield the electric grid from more frequent disruptions tied to weather, according to a study. Severe weather, the primary cause of power failures …
August 14, 2013
The Atlantic hurricane season is about to enter its most active phase as conditions for the powerful storms improve across the basin. Wind shear that can tear budding storms apart has been decreasing, said Dan Kottlowski, an expert senior meteorologist …
August 14, 2013
Allied World Assurance Company Holdings, AG, which is based in Switzerland, announced that its subsidiary, Allied World Assurance Holdings (Ireland) Ltd, has entered into an agreement with Gravity Underwriting Limited for Allied World to invest and own a 21.2 percent …
August 14, 2013
Japanese airline ANA Holdings said it had found an electrical wiring problem in the fire extinguishers of the engines of three of its Boeing Co Dreamliner jets. The problem was first discovered during pre-flight maintenance of a jet at Tokyo …
August 14, 2013
Talanx AG, the German insurer that sold stock in an initial public offering last year, raised its profit goal for 2013 after the sale of shares in Swiss Life Holding AG boosted earnings. Talanx is “cautiously optimistic” that net income …