November 9, 2007
The Port of New Orleans, trying to get back on track after Hurricane Katrina, is locked in a fight with an insurance carrier over more than $100 million in storm damage claims. The port is suing Factory Mutual Insurance Co., …
November 8, 2007
Life insurance company Alfa Corp. has agreed to be acquired by its majority owners, Alfa Mutual Insurance Co. and Alfa Mutual Fire Insurance Co., for about $840 million. Alfa Mutual will pay $22 per share for shares of Alfa Corp. …
November 8, 2007
House of Thaller Inc. has expanded its recall of smoked salmon dips sold in West Virginia and 19 other states. The company is recalling an additional 11,177 pounds of dip packaged in 7.5-ounce containers using the Kroger brand name, because …
November 5, 2007
State Farm Insurance Cos. is suing Mississippi’s attorney general for allegedly violating an agreement to end a criminal investigation of the insurer’s handling of claims on the Gulf Coast after Hurricane Katrina, according to court papers unsealed last week. State …
November 5, 2007
Homeowners and businesses are finding it harder to afford, or even obtain, insurance in coastal states after catastrophes such as Hurricane Katrina, and global warming is going to make the situation worse, according to a report released by a nonprofit …
November 4, 2007
Agents E&O Nuts & Bolts: Market Scout is offering a broad coverage form from three different “A” rated carriers. Each insurer has agreed to provide up to 25 percent discounts for agencies that have 40 percent of their professional staff …
November 4, 2007
Forensic says it doesn’t want to interfere with Lampton’s investigation, but argues that its employee’s hard drive may contain privileged information that should remain confidential. Katrina adjuster seeks to block Miss. grand jury access to hard drive An engineering firm …
November 4, 2007
Agents E&O Nuts & Bolts: Market Scout is offering a broad coverage form from three different “A” rated carriers. Each insurer has agreed to provide up to 25 percent discounts for agencies that have 40 percent of their professional staff …
November 4, 2007
The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Home Fuel Oil Delivery Nuts & Bolts: International Excess of Pittsburgh is offering coverage for …
November 4, 2007
Home Fuel Oil Delivery Nuts & Bolts: International Excess of Pittsburgh is offering coverage for propane, petroleum and fuel oil distributors. Coverages includes property, inland, commercial general liability, business auto and umbrella liability. p:Dollars: Up to $5 million. p:Carrier: Rated …