La Puente, Calif. may be on the road to keeping its insurance, according to a statewide insurance authority. The Southern California city was recently told that it could lose its insurance if city officials and staff don’t start getting their …
The U.S. Army Corps of Engineers estimates it will cost more than $2 billion to repair the damage to the nation’s levees, dams and riverbanks caused by this year’s excessive flooding, a sum that dwarfs $150 million it currently has …
Reinsurer Transatlantic Holdings Inc said it received a renewed buyout offer of $52 a share in cash from Warren Buffett’s Berkshire Hathaway Inc but said the bid was too low. Transatlantic and Allied World Assurance Co Holdings Ltd called off …
Insurance payouts from the May 22 Joplin tornado have exceeded $1 billion, according to the Missouri Department of Insurance. Home, auto and commercial insurers have reported their preliminary claims and payment numbers as of Sept. 1, which are as follows: …
Property/casualty insurance companies plan to invest in technology for underwriting, policy administration, consumer portals, predictive analytics/business intelligence and mobility/virtualization. Those are the top five technology priorities for carriers, according to the IVANS 2011 Carrier Automation Trends study. The survey found …
Louisiana’s seasonally adjusted unemployment rate fell sharply to 7.2 percent in August from the July rate of 7.6 percent, and private sector employers added 40,000 jobs over the year, according to figures reported by the Louisiana Workforce Commission. This is …
Austin, Texas-based Combined Agents of America LLC (CAA) announced the addition of it 48th member agency, NTX Insurance Group Inc. Located in North Texas, NTX Insurance Group has seven branch locations and maintains a specialty in the oil and gas …
After months of sustained, historic Midwest flooding and criticism that the government bungled its management of the Missouri River, the U.S. Army Corps of Engineers said it has commissioned a study of its handling of the waterway. Large sections of …
Miguel A. Barrales has been named president of Universal Insurance Holdings of North America, a multi-regional insurance carrier with 170 employees and operations in 17 states. Universal North America is a subsidiary of Universal Group Inc., Puerto Rico’s principal supplier …
A federal jury on Friday found that an upscale Atlanta restaurant did not violate the civil rights of an ex-NBA All Star and a friend who claimed they were expelled from the bar because they were black. A panel of …
