February 17, 2009
Authorities say Connecticut will spend nearly $1 million to replace breath analysis devices used by police to test suspected drunk drivers. State officials signed a contract last month with Draeger Safety Diagnostics of Irving, Texas, for $975,000 for 150 new …
February 17, 2009
Charitable hospitals with self-insurance plans can be sued for incidents that occurred before their pooled liability funds were established, the Arkansas Supreme Court has ruled. The decision comes as a blow to not-for-profit hospitals like St. Joseph’s Mercy Health Center …
February 12, 2009
Texas State Rep. Vicki Truitt of Keller has filed HB 1158 which would double fines for drivers guilty of traffic violations while using handheld wireless devices, the Texas House of Representatives reported. “Nationally, more and more people are seeing the …
February 11, 2009
A century ago, at the dawn of food safety laws, inspection amounted to little more than opening a bin of flour and looking for something wiggly. It’s a different story now. Solving the case of the poison processed peanuts took …
February 9, 2009
The Hartford has filed a lawsuit to determine whether it must pay claims filed by victims of a nationwide salmonella outbreak traced to the Virginia peanut butter maker it insures. Hartford, Conn.-based Hartford Casualty Insurance Co. filed suit Tuesday against …
February 9, 2009
Connecticut, New York and New Jersey will share a $22 million federal grant to help financial services workers who are losing their jobs because of the financial crisis on Wall Street. Connecticut Gov. M. Jodi Rell says her office was …
February 9, 2009
Standard & Poor’s Ratings Services has issued a comment on its CreditWatch placement of Norway-based non-life insurer ASA (NEMI). The ‘BB’ insurer financial strength and long-term counterparty credit ratings on NEMI remain on CreditWatch with developing implications, where they were …
February 8, 2009
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. High-Value Homeowners’ Protection Market Detail: Irwin Siegel Agency Inc. brings agents access to AIG’s Private …
February 8, 2009
Liberty Mutual Group is throwing in the towel on direct distribution of insurance to middle market businesses. Since it couldn’t beat independent agents and brokers – who dominate sales in this segment – Liberty Mutual has decided to join them. …
February 8, 2009
$25.2 Billion Amount U.S. property/casualty insurers expect to pay homeowners and businesses for 2008 property losses from 37 catastrophes — the fourth highest cost in a decade and the highest frequency in a decade, according to preliminary analysis by ISO’s …