Scientists have embarked on an ambitious experiment to better anticipate earthquakes by identifying the likeliest places where magnitude-4.9 quakes or stronger will occur in seismically active California over a five-year period. Half a dozen teams have developed sophisticated computer models, …
NASA has pinpointed where its now famously falling satellite landed, and unless you are an insurer of someone who lives in the middle of the Indian Ocean between the coast of African and the Antarctic, your worries are over. According …
Insurance Commissioner Mike Kreidler has fined insurance companies nearly $1 million so far this year for violating Washington insurance laws, violations that include charging unapproved rates, improper advertising and failing to offer health coverage to children. The fines collected are …
Gerrit VandeKemp has joined Atlanta-based Swett & Crawford as an assistant vice president, and he will serve as a broker of professional services in the Denver office. Gerrit was recently as a senior underwriter with Allied World National Assurance Co. …
Federal officials say safety is still a concern at the Pueblo Chemical Depot because of leaking weapons. Quality assurance specialist Lisabeth Watchutka says more than 100 of the 780,000 chemical weapons stored at the depot have leaked since 1973. Authorities …
Two subway trains collided in Shanghai on Tuesday injuring more than 270 passengers, 20 critically, prompting public anger two months after a crash between two high-speed trains and renewing concerns about China’s aggressive rail building plans. The collision occurred in …
One county in Florida has decided not to wait on state lawmakers’ promise to address the insurance fraud and fix the state’s automobile no-fault law. It has passed its own ordinance to crack down on fraudulent medical clinics. The Hillsborough …
A Metairie, La., insurance agent has been arrested for insurance fraud, state officials say. The Louisiana State Police Insurance Fraud/Auto Theft Unit arrested Angela Bodenheimer, 49, on one count of insurance fraud, the Louisiana Department of Insurance reports. LDI Fraud …
Government intervention in the insurance market is putting the financial burden of natural disasters on U.S. taxpayers, according to a report by Lloyd’s of London, the global specialist insurance market. The report, which also says there are other “unintended impacts” …
Iowa won’t pursue criminal charges against a Texas company that’s accused of exploiting developmentally disabled workers at a turkey plant in eastern Iowa. According to the Des Moines Register, the Iowa Attorney General’s Office says the civil penalties that other …
