Industry urged to watch for emerging benzene, lead, welding rod torts Large pool of litigants, scientific evidence, plaintiff’s attorneys all cause for concern Actuaries need to be on the look out for emerging mass tort claims related to benzene, lead …
A study by an Bloomington, Ill.-based State Farm Insurance says Iowa is fifth in the nation when it comes to the likelihood of a motor vehicle hitting a deer. State Farm Insurance based its rankings on claims data from the …
The rate of job injuries and illnesses in private industry in Arkansas declined last year to 4.4 per 100 full-time workers – the lowest rate in 14 years, the Arkansas Labor Department said. The rate in 2005 was 5.0, the …
Pit bull owners in Arkadelphia, Ark., will have to carry $100,000 of liability insurance, implant microchips in their dogs and keep them fenced under new rules passed by the city board. The new rules take effect in 90 days from …
More than 30 people were hurt and more than two dozen mobile homes and travel trailers were damaged as severe thunderstorms raked across Oklahoma on Wednesday, authorities said. At least 30 people were injured when a strong storm moved through …
Zurich North America named Marcus Cooper regional executive for its South Central Region, which includes Arkansas, Louisiana, Oklahoma and Texas. Cooper will be based in Zurich North America Commercial’s Dallas, Texas, office. Before joining Zurich, Cooper was assistant vice president …
The Federal Emergency Management Agency is quietly drawing up plans for a handful of disasters: devastating earthquakes beneath San Francisco and St. Louis and catastrophic storms in South Florida and Hawaii, FEMA’s chief said recently. In a departure from its …
The Missouri National Guard spent the weekend engaged in Operation Cracked Earth, training exercises to test communication abilities in the event that there is a major earthquake in the New Madrid fault zone. The New Madrid fault is a network …
Actuaries need to be on the look out for emerging mass tort claims related to benzene, lead paint, and welding rods, despite the fact that significant legal hurdles in these cases remain. The large pool of potential litigants, the existence …
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 …
