October 24, 2011
The latest news reports have put the death toll at more than 200 with over 1,000 injured as a strong magnitude 7.2 earthquake struck eastern Turkey at 10:41 UTC (1.41 pm local time) near the city of Van in Eastern …
October 24, 2011
The U.S. isn’t alone in having to deal with the increased threats from social media and the potential they pose to reputation risk, as well as the protection of confidential information. These risks are also becoming more significant for European …
October 24, 2011
Stefan Holzberger, A.M. Best’s managing director-analytics, recently moved to London from the U.S. He is well placed to analyze the impact of the European Union’s Solvency II regulations, not only on the Europeans, who are directly affected, but also on …
October 23, 2011
New Jersey residents and businesses battered by Hurricane Irene will now have more time to seek federal aid to help cover their losses. The Federal Emergency Management Agency and the Small Business Administration announced on Friday, Oct. 21, that the …
October 21, 2011
The California Division of Workers’ Compensation announced on Friday that the minimum and maximum temporary total disability rates for 2012 will increase on Jan. 1. The minimum TTD rate will increase to $151.57 and the maximum TTD rate will increase …
October 21, 2011
Arch Insurance Group, a subsidiary of Arch Capital Group Ltd., has launched Arch Essential EPL, a new stand-alone employment practices liability policy from Arch’s Executive Assurance Division. Coverage includes late notice protection for EEOC charges and written demands and coverage …
October 21, 2011
Fitch Ratings has affirmed the “A” rating on California Earthquake Authority’s outstanding fixed-rate revenue bonds, which mature on July 1, 2016, citing the organization’s ability to cover losses for at least a one-in-500-year earthquake. Fitch has also affirmed CEA’s issuer …
October 21, 2011
Don’t miss your chance to find out what’s been going on with insurance agents’ errors and omissions (E&O) insurance. The deadline to participate is Monday, Oct. 24. This annual survey solicits the experiences and opinions of property/casualty insurance agents on …
October 21, 2011
U.S. Sen. Mary L. Landrieu, D-La., has announced more than $33.9 million in grants from the U.S. Department of Homeland Security’s Federal Emergency Management Agency (FEMA) to repair New Orleans’ damaged water system, Plaquemines Parish’s Venice Boat Harbor and Orleans …
October 21, 2011
North Little Rock, Ark., fire officials say a weekend fire at a storage unit facility has caused $1 million in damage to recreational vehicles and a boat and $35,000 to the building. Firefighters responded to the blaze on Northshore Drive …