District Of Columbia News

Big Island Volcanic Smog Leads to Disaster Declaration

The federal government approved a disaster declaration to cover the losses Big Island farmers have suffered as a result of volcanic smog (vog), from Kilauea, Hawaii. The move will allow Big Island farmers to apply for low-interest emergency loans, U.S. …

Iowa Gov. Culver: $1.2 Billion in Flood Damages Unmet

Iowa Gov. Chet Culver said July 22 that state officials have identified $1.2 billion in flood damage that hasn’t been met by disaster aid, and he’s asking Congress to move quickly to provide more assistance. Culver pointed to the federal …

Axis CEO Plans to Pass Baton When Contract Ends in 2013

John Charman, chief executive of Bermuda insurance group Axis Capital Holdings Ltd expects to pass on the CEO position to a successor when his contract ends in just over five years. Charman, in an interview, decided this year to renew …

Consumer Federation Says Prior Approval Works, Industry Says Not True

A nationwide consumer study of automobile insurance regulation says that rates have risen more slowly in the 15 states that require insurers to receive advance approval of rate increases from the state over the last two decades. According to the …

Consumer Federation Says Prior Approval Works, Industry Says Not True

A nationwide consumer study of automobile insurance regulation says that rates have risen more slowly in the 15 states that require insurers to receive advance approval of rate increases from the state over the last two decades. According to the …

People

Patrick G. Ryan, founder and executive chairman Aon Corp., said he intends to retire Aug. 1, 2008. Ryan said the firm’s transition to a new management team under CEO Greg Case is complete. Ryan founded Aon, which has its origin …

Consumer Federation Says Prior Approval Works, Industry Says Not True

A nationwide consumer study of automobile insurance regulation says rates have risen more slowly in the 15 states that require insurers to receive advance approval of rate increases from the state in the past two decades. According to the Consumer …

Consumer Federation Says Prior Approval Works, Industry Says Not True

People

Agency Specialty Product Network, a unit of Aon Corp., has named five new regional vice presidents. Rob Romano will head the Northeast Region, which comprises Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, Vermont, New York City and Long Island. Romano …

Minnesota Lawmakers OK Compromise on Suing Home, Auto Insurers

The Minnesota Legislature approved this week a compromise bill giving consumers more clout in court when they disagree with their home and auto insurance companies. The legislation passed the Senate 47-15 and the House 93-39. It now goes to Gov. …