Florida’s hurricane fund is confronting a potential $3.2 billion shortfall, financial experts said in a new estimate of the money available to the pool intended to help insurers make disaster payments. The fund was created after Hurricane Andrew devastated South …
Praised by consumer advocates and denounced by manufacturers, a new federal database for safety complaints about everything from baby gear to household appliances is facing its first legal challenge. A motion has been filed in federal district court in Maryland …
Insurance broker Lockton Companies LLP and First Equity Risk Management Services Ltd are forming a South African joint venture company, Lockton First Equity, to provide commercial insurance brokerage services in South Africa. Terms of the agreement were not announced. The …
A Camden County, New Jersey, insurance agent was indicted for allegedly stealing more than $172,000 from insurance purchasers and for allegedly failing to remit insurance premiums worth over $3,200. The indictment was announced on Tuesday, Oct. 18, by New Jersey …
A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a” of Bermuda-based BNY Trade Insurance, Ltd., both with stable outlooks. The ratings reflect BNY Trade’s “strong capitalization, consistently positive operating results, conservative …
Filhet Allard, the 6th largest corporate broker in France, has become a member of BrokersLink, the independent insurance broker network, whose members manage premium volumes in excess of $14 billion, as part of the network’s drive for growth across Europe. …
When the lump on her toddler’s tummy turned out to be a rare cancer, Carla Hernandez wondered if living just a half-mile from two rail yards emitting a constant veil of near-invisible pollution was somehow responsible. “When she was diagnosed …
The California Workers’ Compensation Institute on Wednesday released a review and compilation of 20 bills signed by Gov. Jerry Brown in 2001. The bills include: • AB 55, Gatto: Extension of the right of entertainment production companies to use payroll …
Unsanitary conditions at a packing plant that processed fresh cantaloupes from a Colorado farm likely contributed to one of the deadliest listeria outbreaks in U.S. history, health regulators said on Wednesday. The Food and Drug Administration said the design of …
Over the last 5 years, reports of confirmed bed bug events have skyrocketed, causing the general public to panic and take extreme measures to rid themselves of these pests. Bed bug events have become such a hot-topic in the media …
