“Several of the world’s long-established terrorism insurance schemes were set up to deal with a different terrorism threat than is predominant today,” according to a new technical guide produced by Airmic, the UK risk management association, in collaboration with Willis …
ACE USA, the U.S.-based retail operations of the ACE Group, has introduced a new contractors pollution liability (CPL) owner-controlled insurance program (OCIP) for the healthcare industry. This new policy can be used to offer contractors pollution liability coverage for both …
Dallas-based Roach Howard Smith & Barton (RHSB) Insurance Agency announced it has implemented a summer internship program, with Adam Harmon, a junior at Texas Christian University’s Neeley School of Business, as its first intern. Harmon is majoring in Accounting and …
Lockton is adding more commercial insurance operations in the Northeast with the formation of an insurance brokerage office in Boston. Lockton has named risk management veterans and former Wells Fargo Insurance Services executives Chip Manozzi and Eva Durkin as senior …
Insurance claims filed in Oklahoma following the tornado outbreak at the end of May have jumped to 60,308 with insurance payments reaching $470,323,299, the top state insurance regulator reported. “These numbers are already staggering, and this is just the beginning,” …
New York Mayor Michael Bloomberg called for a $20 billion system of flood barriers to protect low-lying areas from storms almost eight months after Hurricane Sandy devastated the region. In a report released today, the mayor made 250 recommendations, including …
Families suing the operator of a Hartford nursing home where 16 patients died in a 2003 fire suffered a setback Monday, when the Connecticut Supreme Court ruled that the home’s insurance coverage was $1 million instead of the $10 million …
The company that designed a new fish hatchery in Fairbanks has agreed to pay $2.9 million to settle the state’s claims over alleged flaws. The Fairbanks Daily News-Miner reported that as part of the settlement reached in late May, the …
Washington state has filed suit against two companies to try to recover firefighting costs from a blaze that destroyed 61 homes and blackened 36 square miles last year. A state investigation into the cause of the Taylor Bridge Fire in …
Five government, insurance and health care officials are in the running to manage New Mexico’s newly independent insurance regulatory agency. Among the candidates are state Insurance Superintendent John Franchini and Milton Sanchez, who directs the Office of Health Care Reform …
