As of 11 a.m. EDT, Tropical Storm Ernesto was moving over eastern Cuba bringing heavy rains, floods and mudslides, according to the National Hurricane Center. A hurricane watch has been extended along Florida’s eastern coast to New Smyrna Beach and …
A.M. Best Co. has affirmed the financial strength rating of “A-” (Excellent) of the Bahamas-based RoyalStar Assurance Limited with a stable outlook. “The rating reflects RoyalStar’s solid capitalization, generally favorable operating results and well established presence in the Caribbean market,” …
Chris has been downgraded by Miami’s National Hurricane Center to a tropical depression, as the storm’s maximum sustained winds slowed to around 35 mph/55 km/hr with higher gusts. The NHC said “little change in strength is forecast during the next …
Pinnacle Entertainment Inc. announced that, on August 1, 2006, it filed suit in the U.S. District Court for the District of Nevada against three of its excess insurance carriers. The suit relates to the loss incurred by Pinnacle as a …
The third named storm of the current season, Chris, has formed in the Atlantic east of the Windward Islands. The latest advisory bulletin from Miami’s National Hurricane Center, noted that a tropical depression it has been monitoring strengthened early this …
Parts of coastal Louisiana have remained stable 30 to 50 feet underground for the past 8,000 years with little or no subsidence, a Tulane University researcher writes in a study that contradicts some other recent findings. That means Louisiana, though …
After the thousands of deaths and billions of dollars in damage from last year’s record hurricane season, emergency planners must “imagine the unimaginable” in preparing for a storms, South Carolina Gov. Mark Sanford warned this week. “We have been lulled …
Atlas Insurance Management, an independent insurance management and consulting company, announced from its headquarters in Georgetown, Grand Cayman, the appointment of Nicholas Leighton as Group Managing Director for the Atlas worldwide operations. He has sixteen years of captive management experience …
Atlas Insurance Management, an independent insurance management and consulting company specializing in captives, has announced the opening of an operation in the Cayman Islands. “We are very pleased that the Cayman Islands Monetary Authority approved our license application,” stated Atlas …
A lawsuit asking a Miami-Dade Circuit Court to make sure victims of a Chalk’s Ocean Airways crash receive their share of the company’s insurance money, was filed on by relatives of a woman and her infant daughter who were killed …
