October 8, 2007
103 The number of Mississippi cases relating to Hurricane Katrina claims included in a settlement with State Farm Mutual Insurance Co. last month. Terms of the settlement are confidential, said attorney Chip Merlin. Forty-seven of the 103 policyholders involved had …
October 8, 2007
Proponents push plans for natural catastrophe insurance solutions Federal backstop proposals aired at NAIC public hearing in Alabama The need for solutions to address insurance costs and availability in natural catastrophe-vulnerable U.S. coastal regions — including a federal safety net …
October 8, 2007
Texas experienced 49 fewer railroad accidents — the largest decrease of any state — in the first half of 2007 than it did during the same period in 2006. The decrease was part of a trend of continuing railroad safety …
October 8, 2007
Workers’ Comp, Security, Investigative Agencies Nuts & Bolts: A guaranteed cost workers’ compensation program for security guard and investigative agencies is available from The Mechanic Group. Dollars: Up to $1 million. Carrier: The Hartford rated “A+” XV by A.M. Best. …
October 8, 2007
Trade and Professional Associations Nuts & Bolts: Aon Association offers coverage to 56,000 nonprofit organizations and their members throughout the U. S. Clients range in size and needs from an Elks Lodge seeking general liability coverage to a long-term care …
October 8, 2007
103 The number of Mississippi cases relating to Hurricane Katrina claims included in a settlement with State Farm Mutual Insurance Co. last month. Terms of the settlement are confidential, said attorney Chip Merlin. Forty-seven of the 103 policyholders involved had …
October 8, 2007
Texas experienced 49 fewer railroad accidents — the largest decrease of any state — in the first half of 2007 than it did during the same period in 2006. The decrease was part of a trend of continuing railroad safety …
October 8, 2007
The need for solutions to address insurance costs and availability in natural catastrophe-vulnerable U.S. coastal regions — including a federal safety net — was the general theme at a public hearing in Mobile, Ala., on Sept. 24. Dozens of concerned …
October 5, 2007
Connecticut-based W. R. Berkley Corp. reports it has closed on the acquisition of CGH Insurance Group, the owner of American Mining Insurance Co. Terms of the transaction were not disclosed. American Mining, based in Birmingham, Alabama, has specialized in providing …
October 3, 2007
Louisiana’s insurer of last resort may have illegally spent more than $1 million in public money on trips to Bermuda, fishing excursions, other travel, meals and entertainment, a state audit has found. The insurer’s former head, Terry Lisotta, may have …