Denham Springs, La., has improved its flood rating, which will mean insurance savings for city residents with flood insurance. City officials say improving both record keeping and enforcement of the city’s floodplain management ordinance helped the city improve its status. …
The National Young Agents Committee of the Independent Insurance Agents & Brokers of America (IIABA or the Big ‘I’) has named its state counterpart in Michigan as the 2011 Outstanding Young Agents Committee of the Year. The Young Agents Council …
Eighty-seven on-duty firefighters from 31 states lost their lives as the result of 83 fatal incidents that occurred in 2010. Fifty-six of those who died were volunteer, not career, firefighters. This is the second consecutive year the number has gone …
Alteris, a member of Argo Group International Holdings, Ltd., has had its SeptiCover program chosen by the National Association of Wastewater Transporters (NAWT) as the preferred property and casualty insurance program for its 600 members nationwide. SeptiCover, the insurance program …
Insured damages from what has become the costliest wildfire in Texas history will climb to $250 million, an insurer trade group says. The Bastrop County Complex fire is now 98 percent contained, according to the Texas Fire Service (TFS). It …
The Senate has confirmed former Kentucky insurance regulator S. Roy Woodall for the one voting position on the federal Financial Stability Oversight Council (FSOC) reserved for someone with insurance expertise. The term is for six years. The FSOC is in …
A western Pennsylvania lawmaker is proposing to divert some of the money from the “Johnstown Flood Tax” on alcohol back to its original purpose — flood and other disaster relief. Sen. John Wozniak, D-Cambria, is proposing to use one-fifth of …
The U.S. Senate approved a deal Monday to avert a government shutdown, ending a standoff that highlighted a dysfunctional Congress’ trouble in passing even the most basic legislation. “We’ve averted a disaster — until the next one,” said Democratic Senator …
Deloitte Touche Tohmatsu Ltd , the world’s largest accounting and consulting firm, was accused Monday of failing to detect fraud during its audits of one of the biggest private mortgage firms to collapse during the U.S. housing crash. A trust …
The Obama administration Monday cleared the way for the Supreme Court to decide in its 2011-12 term the president’s signature healthcare law that requires Americans to buy insurance or face a penalty. A Justice Department spokeswoman said it decided against …
