Severe Weather Pummels Iowa
The Lake Delhi dam in eastern Iowa failed July 24 as rising floodwater from the Maquoketa River ate a 30-foot-wide hole in the earthen dam, causing water to drop 45 feet to the river below and threatening the small town …
Investors Face Uphill Battle with Liability Lawsuits Against BP
Shareholders angry about BP Plc’s battered stock price are heading to the courthouse in hopes of reclaiming some of their losses, but they face an uphill battle. Since the Deepwater Horizon oil rig exploded in April, several BP shareholders have …
Ratings Roundup: Valiant, Mass. Homeland/York
A.M. Best Co. has placed under review with developing implications the financial strength rating of ‘A-‘ (Excellent) and issuer credit ratings (ICR) of “a-” of Valiant Insurance Company and Valiant Specialty Insurance Company, both domiciled in Wilmington, Del., following the …
For Gulf Oil Disaster Victims, Claims Process Improves for Some
The first time Louisiana shrimp boat captain Louis Buteaux filed a claim with BP Plc to recoup oil spill losses, he was told he didn’t have enough paperwork to prove he actually was the skipper. So he only got $2,500 …
New Markets
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. Closure/Post Closure for Landfills Market Detail: Sloan Mason Insurance Services provides closure and post closure …
U.S. Launches Pre-Existing Condition Health Insurance Plan
The U.S. Department of Health and Human Services (HHS) announced today the launch of a Pre-existing Condition Insurance Plan (PCIP) that will offer coverage to uninsured Americans who have been unable to obtain health coverage because of a pre-existing health …
For Gulf Oil Disaster Victims, Claims Processing May Be Improving
The first time Louisiana shrimp boat captain Louis Buteaux filed a claim with BP Plc to recoup oil spill losses, he was told he didn’t have enough paperwork to prove he actually was the skipper. So he only got $2,500 …
11 East Coast States Hold BP Responsible for Oil Disaster Claims
Eleven East Coast states have told BP they will hold it responsible for any losses caused by its still-growing oil spill in the Gulf, Connecticut’s attorney general said Monday. “Even without oil actually reaching the Connecticut shoreline, this massive oil …
Emergency Declared in Wake of Oklahoma Flooding and Severe Storms
State officials in Oklahoma declared a state of emergency on June 14 for 59 counties following severe storms and flooding that began a day earlier. At the request of Gov. Henry, who is out of the state, Lt. Gov. Jari …
