June 17, 2013
Freedom Specialty Insurance Co. has launched the Freedom Lease Protection Plan policy, which is designed to indemnify multifamily property owners and managers (POMs) against collection losses from tenant defaults. POMs can use the coverage as a means to eliminate traditional …
June 17, 2013
The latest Michigan Future Business Index survey of small and midsize business leaders shows unequalled confidence in the state’s business economy and a rekindled desire to reinvest in their own future, according to Accident Fund Insurance Company of America. Business …
June 17, 2013
A Maine man who was told he had only months to live because of an aggressive Stage 4 pancreatic cancer is still alive more than four years later. And a jury has awarded him $200,000 for the doctor’s misdiagnosis. It …
June 17, 2013
Michael Pelonero came to Moore to help victims of the May 20th tornado. But he hadn’t planned on trying to outrun one. When a massive EF-5 twister cut a swath through the central Oklahoma suburb of Moore, it left 24 …
June 17, 2013
In New Jersey, a measure that would provide workers’ compensation benefits to spouses of certain deceased fire and police personnel for the entire period of survivorship was signed into law last Thursday. The newly signed law (S-1469/A-2756) allows surviving spouses …
June 17, 2013
A second blast in two days has killed a worker at a south Louisiana chemical plant, just miles from the site where two workers were killed a day earlier. The latest explosion also injured seven people, some severely, State Police …
June 17, 2013
The major insurance companies serving the St. Louis area have received more than 6,300 claims from residents with damage from tornadoes that struck the area on May 31, according to Missouri insurance regulators. The Missouri Department of Insurance said insurance …
June 17, 2013
An explosion and fire at a Louisiana chemical plant claimed a second victim on June 14 as federal authorities were piecing together the cause of the blast that injured dozens more. Scott Thrower, 47, of St. Amant, died at Baton …
June 17, 2013
Andrew Torrance has been named the new president and chief executive officer of Fireman’s Fund Insurance Co., succeeding Lori Fouché who left for Prudential Financial Inc. Torrance, Fireman’s Fund’s fifth executive at the helm since 2007, is expected to assume …
June 17, 2013
Insurance Commissioner John D. Doak has issued a bulletin to all Oklahoma-licensed property and casualty insurers and insurance producers, advising them to keep customers on their current policies for at least 60 days after the completion of repairs. The move …